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Triplex with Detached Garage Rentals

5234 JACKSON Street Philadelphia, PA 19124

5234 JACKSON Street, Philadelphia, PA, 19124
$395,999
For Sale
Claim this Listing
$395,999

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,841 SF
Lot Size0.09 Acres
Price / SF$215.10
AddedMay 30
Days on Market47
Last RefreshJul 15 at 12:06 pm

Property Features for 5234 JACKSON Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
3
Parking features
Garage - Detached
Standard status
Active
Size
1,841 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
2819

Utilities

Heating system
Radiant
Cooling system
Wall Unit(s)

Building Details

Year built
1939
Number of units
3
Building materials
Masonry
Architectural style
Other

Listing agent Andrea Betancourt License #RS355286

Listing office Opus Elite Real Estate 16 S State Street, Newtown, PA

Listing date May 30, 2026

MLS# PAPH2627958 Listing URL

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 for-sale triplex and residential income property is configured with three separate living spaces, supported by detached garage rentals. The property is presented as fully income-producing, with reported projections of approximately $4,560 per month in gross rental income, including the additional garage income. On a reported basis, this equates to approximately $54,720 in projected annual gross rental income. The overall lot size is listed at 0.09 acres, and the property size is listed at 1,841 square feet.

Located in Philadelphia, PA 19124, the property is described as convenient to public transportation and major highways, along with shopping, schools, and everyday amenities. The address is 5234 Jackson Street, Philadelphia, PA 19124.

Designed for tenants who want independent living arrangements and buyers or operators seeking rental coverage through both residential and detached garage revenue, this is a practical multifamily setup. With three distinct units plus separate garage rentals, the structure supports an owner looking to offset occupancy costs while maintaining a straightforward income-producing configuration. Prospective buyers should review the specific unit and garage rental arrangements and projections during their showing and due diligence.

Key Highlights

  • Fully income‑producing multifamily property with projected gross rental income of approximately $4,560/month ($54,720/year).
  • Features 3 separate, well‑sized units plus detached garage rentals.
  • Excellent opportunity for both seasoned investors and owner‑occupants.

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 $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 (±1% cap)
NOI $23,722 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$311.8K
$272.9K – $363.8K (±1% cap)
NOI $21,828 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$1.06M
$926.6K – $1.24M (±1% cap)
NOI $74,127 @ 7.0% cap · market cap 18.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three separate residential units with detached garage rental income in Philadelphia, with projected gross rent of about $4,560 monthly.
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 $395,999.
What are key features of this property?
This property features: Fully income‑producing multifamily property with projected gross rental income of approximately $4,560/month ($54,720/year).; Features 3 separate, well‑sized units plus detached garage rentals.; Excellent opportunity for both seasoned investors and owner‑occupants.
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