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Philadelphia Triplex Investment Opportunity
For Sale
$224,900

5435 W Berks St, Philadelphia, PA 19122

Well-maintained triplex with income potential in Philadelphia.

Property Size1,920 SF
Price / SF$117.14
Days on Market104

Property Features for 5435 W Berks St

General Information

Standard status Active
Size 1,920 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,325
Listing Agency: EXP Realty, LLC
Listed By: Christine S Edwin · License #RS329014
Source: Exprealty
Added: May 19 Changed: Aug 25 Last Checked: Aug 29 at 3:14PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This property presents an investment opportunity with a duplex and an additional unit in the finished basement, which has outside access. The property is suitable for investors or those needing extra space for extended family. The first floor, featuring 2 bedrooms and 1 bathroom, is currently vacant with an estimated rent of $1,300. The second floor is occupied, offering 2 bedrooms and 1 bathroom, with a lease in place from 3/1/26 to 2/28/27 at a rent of $1,095. The basement unit, also vacant, includes 2 bedrooms and 1 bathroom, with an estimated rent of $950. A driveway at the back of the property provides a dedicated parking space. The property features hardwood flooring in the living rooms, dining rooms, and bedrooms. The kitchens are equipped with tile flooring, updated cabinets, countertops, and appliances. The bathrooms are clean and neutral. The hot water heater has been replaced in recent years, and the electric meters are separated. The property has been professionally managed. Located in Philadelphia, the property is within the 19131 MLS Area and the Philadelphia City School District. The local high school is Overbrook.

Key Highlights

  • Three Rental Units: Duplex plus finished basement unit provides immediate income potential.
  • Vacant 1st Floor and Basement Units: Allows immediate rental income and setting of market rents.
  • Updated Kitchens and Bathrooms: Nicely updated cabinets, countertops, appliances, and clean, bright bathrooms enhance appeal.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Building Supply Electrical Service

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

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained triplex with income potential in Philadelphia.
Where is this triplex located?
The property is located at 5435 W Berks St Philadelphia, PA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Three Rental Units: Duplex plus finished basement unit provides immediate income potential.; Vacant 1st Floor and Basement Units: Allows immediate rental income and setting of market rents.; Updated Kitchens and Bathrooms: Nicely updated cabinets, countertops, appliances, and clean, bright bathrooms enhance appeal.
More about this property
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