Triplex with Owner’s
For Sale
$345,000
5323 ANGORA TERRACE, Philadelphia, PA 19143
Three separate living areas support an owner-occupant arrangement alongside two rental units.
Property Size2,112 SF
Days on Market125
Property Features for 5323 ANGORA TERRACE
General Information
Standard status
Active
Size
2,112 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR, 1 x 1BR, 1 x 1BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,989
Building Details
Building Size
2,112 SF
Year Built
1925
Listing Agency:
BHHS Fox & Roach-Media
(610) 772-6606
Listed By:
Allegra Dawnyea Muhammad · License #RS378500
(610) 772-6606
Source:
Patmckennarealtors
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 2:14PM
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 BHHS Fox & Roach-Media
Investment Insights
Based on property information with market context.
This 1925 triplex in Southwest Philadelphia offers a three-part residential configuration with separate living areas. The first-floor residence includes two bedrooms and a living area with abundant natural light. Upstairs, a one-bedroom apartment provides a distinct rental unit, while an additional private one-bedroom owner’s suite creates an option for on-site occupancy. The layout supports rental use together with a dedicated residence, subject to applicable requirements.
Located at 5323 Angora Terrace in Philadelphia, the property has access to public transportation, shopping, and major roadways. Its unit mix combines one two-bedroom apartment with two one-bedroom living spaces, providing a practical arrangement for an owner-occupant or residential income property buyer.
Located at 5323 Angora Terrace in Philadelphia, the property has access to public transportation, shopping, and major roadways. Its unit mix combines one two-bedroom apartment with two one-bedroom living spaces, providing a practical arrangement for an owner-occupant or residential income property buyer.
Key Highlights
- Triplex configuration with one two‑bedroom unit and two one‑bedroom living spaces
- Private one‑bedroom owner’s suite supports on‑site occupancy
- First‑floor two‑bedroom residence with a separate living area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,879
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,580
$457.6K
Cap Rate 7%
$326,843
$326.8K
Cap Rate 9%
$254,211
$254.2K
Market Conditions
NOI Build-Up for 2,112 SF
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.
Gross rent
$35.2K $16.68/SF
− Vacancy
−$2.5K −$1.20/SF
EGI
$32.7K $15.48/SF
− OpEx
−$9.8K −$4.64/SF
NOI
$22.9K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,580
Cap Rate 7%
$326,843
Cap Rate 9%
$254,211
Alternative Uses
Best Use
Multifamily LT 5
$326.8K
$286.0K – $381.3K
NOI $22,879 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$290.7K
$254.4K – $339.2K
NOI $20,350 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$723.9K
$633.4K – $844.5K
NOI $50,672 @ 7.0% cap · market cap 14.69%
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
1,684
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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 living areas support an owner-occupant arrangement alongside two rental units.
Where is this triplex located?
The property is located at 5323 ANGORA TERRACE Philadelphia, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Triplex configuration with one two‑bedroom unit and two one‑bedroom living spaces; Private one‑bedroom owner’s suite supports on‑site occupancy; First‑floor two‑bedroom residence with a separate living area
