Triplex with Detached Garage
For Sale
$410,000
5234 Jackson Street, Philadelphia, PA 19124
Three separate residences plus detached garage rentals offer an income-producing setup for investors or owner-occupants.
Property Size1,841 SF
Price / SF$222.71
Days on Market100
Property Features for 5234 Jackson Street
General Information
Standard status
Active
Size
1,841 SF
Property subtype
Multi-Family / Fee Simple
Additional Details
Multifamily Units
3
Building Details
Year Built
1939
Listing Agency:
Opus Elite Real Estate
(215) 618-6077
Listed By:
Andrea Betancourt · License #RS355286
(215) 618-6077
Source:
Compass
Added: Apr 23
Changed: Jul 10
Last Checked: Jul 31 at 10:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opus Elite Real Estate
Investment Insights
Based on property information with market context.
This income-producing triplex includes three well-sized units, each offering a separate living space. In addition to the residential units, the property also includes detached garage rentals that contribute to total projected rental income. The configuration is designed to support multiple revenue streams under one ownership, whether you are building a rental portfolio or looking to offset housing costs with onsite income.
The property is located in Philadelphia (MLS area 19124) and is described as conveniently situated near public transportation, major highways, shopping, schools, and everyday amenities. The listing highlights accessibility to surrounding services and commute routes, which can support continued tenant interest for a property offering both living space and garage storage.
For buyers, the combination of three rental units and additional garage rental income may appeal to those seeking a straightforward multifamily structure with multiple rent contributors. For owner-occupants, the separate units and detached garage rentals can provide flexibility, allowing you to live in one portion while generating rental income from the remaining spaces. The listing provides projected gross rental income of approximately $4,560 per month, including additional garage income.
The property is located in Philadelphia (MLS area 19124) and is described as conveniently situated near public transportation, major highways, shopping, schools, and everyday amenities. The listing highlights accessibility to surrounding services and commute routes, which can support continued tenant interest for a property offering both living space and garage storage.
For buyers, the combination of three rental units and additional garage rental income may appeal to those seeking a straightforward multifamily structure with multiple rent contributors. For owner-occupants, the separate units and detached garage rentals can provide flexibility, allowing you to live in one portion while generating rental income from the remaining spaces. The listing provides projected gross rental income of approximately $4,560 per month, including additional garage income.
Key Highlights
- Fully income‑producing multifamily with 3 separate living units plus detached garage rentals
- Projected gross rental income of approximately $4,560/month and approximately $54,720/year
- Year built: 1939
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 | $36.5k | $19.80 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $33.9k | $18.41 |
| − OpEx | −$10.2k | −$5.52 |
| NOI | $23.7k | $12.89 |
1,841 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$338.9K
$296.5K – $395.4K
NOI $23,722 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$311.8K
$272.9K – $363.8K
NOI $21,828 @ 7.0% cap · market cap 5.32%
Theoretical Best
Specialty Retail
$1.06M
$926.6K – $1.24M
NOI $74,127 @ 7.0% cap · market cap 18.08%
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
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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 separate residences plus detached garage rentals offer an income-producing setup for investors or owner-occupants.
Where is this triplex located?
The property is located at 5234 Jackson Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Fully income‑producing multifamily with 3 separate living units plus detached garage rentals; Projected gross rental income of approximately $4,560/month and approximately $54,720/year; Year built: 1939
