Search
Turnkey Mixed-Use Triplex
For Sale
$297,000

5339 CHESTNUT STREET, Philadelphia, PA 19139

Fully renovated mixed-use triplex with two residential units above a commercial space and central A/C in each unit.

Property Size1,510 SF
Days on Market260

Property Features for 5339 CHESTNUT STREET

General Information

Standard status Active
Size 1,510 SF
Property subtype MixedUse
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,935

Amenities

central A/C
in-unit washer and dryer
white tile kitchen backsplashes
granite surfaces
built-in microwaves
ceiling fans

Building Details

Building Size 1,510 SF
Year Built 1925
Year Renovated 2020
Listing Agency: SDG Management, LLC
Listed By: Jason Kleinman · License #RS362457
Source: Patmckennarealtors
Added: Jan 26 Changed: Oct 3 Last Checked: Oct 13 at 12:38AM

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 SDG Management, LLC

Investment Insights

Based on property information with market context.

Fully renovated mixed-use triplex completed in late 2020, configured with two updated residential units over a commercial space. The property is presented as turnkey and includes in-unit washer and dryer, central A/C, ceiling fans, and modern kitchen finishes such as granite surfaces, white tile backsplash, and built-in microwaves across the residential units.

The commercial space is located on Chestnut St and is described as benefiting from visibility along this major West Philadelphia corridor with high foot and vehicle traffic.

The current rental structure includes Unit 1 at $800/month, Unit 2 at $1,195/month, and the commercial space at $800/month, providing an income-producing mixed-use setup within a single building.

Key Highlights

  • Fully renovated mixed‑use triplex completed at the end of 2020
  • Rental income includes $800/month for Unit 1, $1,195/month for Unit 2, and $800/month for the commercial space
  • Two residential units each offer central A/C and in‑unit washer/dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,768
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,360 $515.4K
Cap Rate 7%
$368,114 $368.1K
Cap Rate 9%
$286,311 $286.3K
Market Conditions
NOI Build-Up for 1,510 SF
Gross rent
$39.0K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.8K $24.38/SF
− OpEx
−$11.0K −$7.31/SF
NOI
$25.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,360
Cap Rate 7%
$368,114
Cap Rate 9%
$286,311

Alternative Uses

Best Use
Multifamily LT 5
$368.1K
$322.1K – $429.5K (±1% cap)
NOI $25,768 @ 7.0% cap · market cap 8.68%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.9K (±1% cap)
NOI $23,752 @ 7.0% cap · market cap 8.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,203
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully renovated mixed-use triplex with two residential units above a commercial space and central A/C in each unit.
Where is this mixed-use property located?
The property is located at 5339 CHESTNUT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Fully renovated mixed‑use triplex completed at the end of 2020; Rental income includes $800/month for Unit 1, $1,195/month for Unit 2, and $800/month for the commercial space; Two residential units each offer central A/C and in‑unit washer/dryer
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again