Triplex with Detached Garage
5234 JACKSON Street Philadelphia, PA 19124
5234 JACKSON Street, Philadelphia, PA, 19124
$395,999
For Sale
$395,999
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,841 SF
Lot Size0.09 Acres
Price / SF$215.10
Days on Market52
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 Agency
Opus Elite Real Estate
(215) 395-6277
16 S State Street, Newtown, PA
Listed by
Andrea Betancourt · License #RS355286
(215) 618-6077
Added: May 30 Updated: Jul 7 at 12:50 pm Checked: Jul 20 at 8:06 pm
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.
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
NOI $23,722 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$311.8K
$272.9K – $363.8K
NOI $21,828 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$1.06M
$926.6K – $1.24M
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
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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.
