Vacant Three-Unit
New
For Sale
$395,000
5436 CHESTNUT STREET, Philadelphia, PA 19139
Three-unit multifamily property with updated interiors, stainless steel appliances, and proximity to SEPTA rail service.
Property Size1,950 SF
Days on Market6
Property Features for 5436 CHESTNUT STREET
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Triplex
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,145
Building Details
Building Size
1,950 SF
Year Built
1925
Listing Agency:
Tesla Realty Group, LLC
(267) 977-9670
Listed By:
Cory DWAYNE HAMILTON · License #RS351367
(267) 977-9670
Source:
Patmckennarealtors
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 6:59AM
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 Tesla Realty Group, LLC
Investment Insights
Based on property information with market context.
Built in 1925, this three-unit triplex at 5436 Chestnut Street is fully vacant and available for immediate occupancy. The interiors feature neutral cool-gray paint, white shaker cabinetry, tiled backsplashes, black fixtures, gas ranges, and full-sized refrigerators. The property is suitable for establishing new tenancies without existing lease obligations.
The building is positioned in Philadelphia’s Cobbs Creek and West Philadelphia corridor, within blocks of SEPTA’s 52nd Street and 56th Street Market-Frankford Line stations. Transit connections provide access to University City, the University of Pennsylvania, Drexel University, and Center City Philadelphia.
The building is positioned in Philadelphia’s Cobbs Creek and West Philadelphia corridor, within blocks of SEPTA’s 52nd Street and 56th Street Market-Frankford Line stations. Transit connections provide access to University City, the University of Pennsylvania, Drexel University, and Center City Philadelphia.
Key Highlights
- Three‑unit multifamily property built in 1925
- 100% vacant with no existing tenant lease obligations
- Updated interiors with white shaker cabinetry and tiled backsplashes
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 | $50.3k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $47.5k | $24.38 |
| − OpEx | −$14.3k | −$7.31 |
| NOI | $33.3k | $17.06 |
1,950 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$475.4K
$416.0K – $554.6K
NOI $33,277 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$438.2K
$383.4K – $511.2K
NOI $30,673 @ 7.0% cap · market cap 7.77%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,381
Businesses Nearby
Explore this area
Business Placement
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
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-unit multifamily property with updated interiors, stainless steel appliances, and proximity to SEPTA rail service.
Where is this triplex located?
The property is located at 5436 CHESTNUT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1925; 100% vacant with no existing tenant lease obligations; Updated interiors with white shaker cabinetry and tiled backsplashes
