Corner Triplex with Three Turnkey
For Sale
Under Contract
$349,900
5615 UPLAND Way, Philadelphia, PA 19131
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,698 SF
Lot Size0.05 Acres
Price / SF$206.07
Days on Market94
Property Features for 5615 UPLAND Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Subdivision
WYNNEFIELD
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active Under Contract
Size
1,698 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2954
Utilities
Heating system
Radiant
Building Details
Year built
1920
Number of units
3
Building materials
Masonry
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Janek Hancock · License #RS330380
(215) 376-4444
Added: May 2
Changed: Jun 30
Last Checked: Aug 3 at 1:06AM
MLS# PAPH2614850
Copyright © 2026 Bright MLS. 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 corner end-unit triplex is configured for three separate, turnkey rental units. The property includes two spacious 2-bedroom layouts and one versatile 1.5-bedroom layout, and each unit features its own full bathroom. As an end-unit arrangement, the building provides additional natural light through extra windows and enhanced privacy through fewer shared walls.
The property is located at 5615 UPLAND Way in Philadelphia, PA 19131. The lot size is 0.0538 acres, and the total building size is 1,698 square feet. It is offered for sale as a ready-to-go income property.
This setup supports multiple ownership approaches. Investors can benefit from having three independently usable units in place, while owner-occupants can consider occupying one of the units and renting the others as a practical house-hacking model. With all three units described as turnkey and ready, the property is positioned for straightforward immediate use upon closing.
The property is located at 5615 UPLAND Way in Philadelphia, PA 19131. The lot size is 0.0538 acres, and the total building size is 1,698 square feet. It is offered for sale as a ready-to-go income property.
This setup supports multiple ownership approaches. Investors can benefit from having three independently usable units in place, while owner-occupants can consider occupying one of the units and renting the others as a practical house-hacking model. With all three units described as turnkey and ready, the property is positioned for straightforward immediate use upon closing.
Key Highlights
- Rare corner end‑unit triplex with abundant natural light and enhanced privacy.
- Turnkey property featuring three rental units: two 2‑bedroom units and one 1.5‑bedroom unit.
- Ideal for investors or owner‑occupants seeking a house‑hacking opportunity.
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 | $43.8k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.4k | $24.38 |
| − OpEx | −$12.4k | −$7.31 |
| NOI | $29.0k | $17.06 |
1,698 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$413.9K
$362.2K – $482.9K
NOI $28,976 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$381.6K
$333.9K – $445.2K
NOI $26,709 @ 7.0% cap · market cap 7.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Explore this area
Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
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 - Corner end-unit triplex offering two 2-bedroom rentals and a 1.5-bedroom unit, each with a full bathroom.
Where is this triplex located?
The property is located at 5615 UPLAND Way Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Rare corner end‑unit triplex with abundant natural light and enhanced privacy.; Turnkey property featuring three rental units: two 2‑bedroom units and one 1.5‑bedroom unit.; Ideal for investors or owner‑occupants seeking a house‑hacking opportunity.
