Approved Triplex Income
For Sale
$335,000
5228 VINE Street, Philadelphia, PA 19139
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,710 SF
Lot Size0.04 Acres
Price / SF$195.91
Days on Market55
Property Features for 5228 VINE Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,710 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2512
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1925
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Natasha Ocasio · License #RS340647
(215) 882-3144
Added: Jun 7
Changed: Jul 17
Last Checked: Jul 31 at 11:06AM
MLS# PAPH2625078
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.
Investment Insights
Based on property information with market context.
This approved triplex offers three residential units and shared rear-yard access. Unit 1 includes one bedroom and one bathroom with a spacious bedroom, large storage closet, an eat-in kitchen, and in-unit washer and dryer. Unit 2 provides two bedrooms and one bathroom, also with in-unit washer and dryer, plus shared access to the rear yard.
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.
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.
Key Highlights
- Legally zoned and approved triplex with 3 residential units
- Current monthly rental income is approximately $3,250
- Unit mix: 1BR/1BA and two 2BR/1BA units, with in‑unit washer and dryer
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 |
1,710 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$416.9K
$364.8K – $486.4K
NOI $29,181 @ 7.0% cap · market cap 8.71%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.3K
NOI $26,897 @ 7.0% cap · market cap 8.03%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,869
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with in-unit laundry and rear-yard access, offered for sale in Philadelphia.
Where is this triplex located?
The property is located at 5228 VINE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Legally zoned and approved triplex with 3 residential units; Current monthly rental income is approximately $3,250; Unit mix: 1BR/1BA and two 2BR/1BA units, with in‑unit washer and dryer
