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Triplex with Contemporary Finishes
For Sale
$450,000

5409 CHRISTIAN STREET, Philadelphia, PA 19143

Three residential units provide functional layouts with contemporary interior finishes in West Philadelphia.

Property Size2,280 SF
Days on Market298

Property Features for 5409 CHRISTIAN STREET

General Information

Standard status Active
Size 2,280 SF
Property subtype Triplex

Site & Location

Neighborhood West Philadelphia

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,103

Building Details

Building Size 2,280 SF
Year Built 1925
Listing Agency: BHHS Fox & Roach-Blue Bell
Listed By: Mark L Malfara · License #RS280250
Source: Patmckennarealtors
Added: Dec 30, 2025 Changed: Oct 21 Last Checked: Oct 23 at 2:51PM

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-Blue Bell

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Investment Insights

Based on property information with market context.

This three-unit multifamily property contains residential units with contemporary finishes and practical layouts. The building dates to 1925 and is located on Christian Street in West Philadelphia, with an address of 5409 CHRISTIAN STREET, PHILADELPHIA, PA 19143.

Key Highlights

  • Three‑unit multifamily property
  • Contemporary finishes in each unit
  • Functional residential layouts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,699
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,980 $494.0K
Cap Rate 7%
$352,843 $352.8K
Cap Rate 9%
$274,433 $274.4K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$38.0K $16.68/SF
− Vacancy
−$2.7K −$1.20/SF
EGI
$35.3K $15.48/SF
− OpEx
−$10.6K −$4.64/SF
NOI
$24.7K $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 Rate 5%
$493,980
Cap Rate 7%
$352,843
Cap Rate 9%
$274,433

Alternative Uses

Best Use
Multifamily LT 5
$352.8K
$308.7K – $411.7K (±1% cap)
NOI $24,699 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$313.8K
$274.6K – $366.2K (±1% cap)
NOI $21,969 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$781.5K
$683.8K – $911.7K (±1% cap)
NOI $54,702 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,684
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units provide functional layouts with contemporary interior finishes in West Philadelphia.
Where is this triplex located?
The property is located at 5409 CHRISTIAN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit multifamily property; Contemporary finishes in each unit; Functional residential layouts
More about this property
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