5228 VINE Street, Philadelphia, PA 19139
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 7, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 15 at 6:06 pm
Property Features for 5228 VINE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,710 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2512
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Natasha Ocasio License #RS340647 (215) 882-3144
Listing office Realty Mark Associates 1500 John F Kennedy Boulevard unit: 1510, Southampton, PA (215) 376-4444
Listing date Jun 7, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Legally zoned and approved triplex with 3 residential units
- Unit mix: 1BD/1BA and 2BD/1BA units, each with in‑unit washer and dryer
- Current monthly rental income approximately $3,250; rents are currently below market
- Construction materials: masonry; heating includes electric baseboard
- Shared access to rear yard for units
- Built in 1925; on‑street parking
Overview
The property is located at 5228 Vine Street in Philadelphia, PA 19139. The offering is positioned for tenants who want convenient access to public transportation, shopping, universities, parks, and major commuter routes. The lot size is approximately 0.0406 acres, and the building size is approximately 1,710 square feet.
From an ownership perspective, the triplex generates current monthly rental income of approximately $3,250. The existing rents are described as below market, which may support strategies to align rents with market levels over time. With three separate units already in place, this property may fit buyers seeking an income-producing multifamily asset with a straightforward operating profile.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.1k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.7k | $24.38 |
| − OpEx | −$12.5k | −$7.31 |
| NOI | $29.2k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2255173
- Latitude
- 39.9647331
