Maintained Triplex with Updated
5413 N FRONT STREET Philadelphia, PA 19120
For Sale
$334,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,515 SF
Price / SF$220.46
Days on Market347
Property Features for 5413 N FRONT STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,515 SF
Building Details
- Year built
- 1940
Listing Agency:
BHHS Fox & Roach Jenkintown Home Marketing Center
(215) 887-0400
Listed By:
Paul Dougherty · License #RS333773
(215) 301-9306
Added: Aug 11, 2025
Changed: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# PAPH2526338
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 offers a mix of unit sizes, including two occupied units and one vacant 1BR unit. Reported current rents are $1,300 for a 2BR unit and $1,000 for each 1BR unit, with one 1BR listed as vacant. The property also includes several updates and upkeep items, including newer windows, a newer electric heat system, and newer hot water heaters, and the units are described as highly maintained.
The property is located in Philadelphia, PA 19120, in the Oak Lane area. Tenant-paid expenses are electricity, cable, phone, and snow removal, while the owner pays sewer/water, pest control, and lawn care.
The property is located in Philadelphia, PA 19120, in the Oak Lane area. Tenant-paid expenses are electricity, cable, phone, and snow removal, while the owner pays sewer/water, pest control, and lawn care.
Key Highlights
- Triplex built in 1940 with current rents totaling $2,300/month: 2BR $1,300, 1BR $1,000, and one 1BR unit vacant.
- Current rents are listed as under market, with projected market rents of $1,500 for the 2BR and $1,200 and $1,000 for the 1BR units.
- Recent upgrades include newer windows, a newer electric heat system, and newer hot water heaters.
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 | $25.3k | $16.68 |
| − Vacancy | −$1.8k | −$1.20 |
| EGI | $23.4k | $15.48 |
| − OpEx | −$7.0k | −$4.64 |
| NOI | $16.4k | $10.83 |
1,515 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$234.5K
$205.2K – $273.5K
NOI $16,412 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$208.5K
$182.5K – $243.3K
NOI $14,598 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$361.9K
$316.7K – $422.2K
NOI $25,333 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex features newer windows, newer hot water heaters, and a new electric heat system, with two occupied units plus a vacant 1BR.
Where is this triplex located?
The property is located at 5413 N FRONT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: Triplex built in 1940 with current rents totaling $2,300/month: 2BR $1,300, 1BR $1,000, and one 1BR unit vacant.; Current rents are listed as under market, with projected market rents of $1,500 for the 2BR and $1,200 and $1,000 for the 1BR units.; Recent upgrades include newer windows, a newer electric heat system, and newer hot water heaters.
