Brick Triplex Near La
New
For Sale
$639,900
5643 E WISTER Street, Philadelphia, PA 19144
Multi-Family, PHILADELPHIA, PA
Property Size2,742 SF
Lot Size0.04 Acres
Price / SF$233.37
Days on Market2
Property Features for 5643 E WISTER Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Interior features
Ceiling Fan(s), Sprinkler System
Appliances
Dryer - Electric, Washer
Subdivision
GERMANTOWN
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
2,742 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4595
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
in-unit washer/dryer
eat-in kitchens with granite countertops and recessed lighting
central air conditioning
hardwood floors
cable ready
Building Details
Year built
2013
Number of units
3
Building materials
Masonry
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Jeanne M Polizzi · License #RS289379
(215) 767-7814
Added: Aug 28
Last Checked: Aug 29 at 9:06PM
MLS# PAPH2664986
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 2,742-square-foot brick twin, built in 2013, contains three residential units with a total of 11 bedrooms. The first floor offers five bedrooms and two baths, while the second and third floors each include three bedrooms and one bath. Each unit has an eat-in kitchen with granite countertops and recessed lighting, in-unit washer and dryer, central air, hardwood floors, and separate water and electric meters. A fire suppression system and masonry construction add to the property’s physical features. Unit 1 and Unit 3 are currently occupied.
The property is in Germantown beside La Salle University’s West Campus and near its Main Campus, Central High School, and The Shops at LaSalle. On-street parking is available, and the lot measures 0.0371 acres.
The property is in Germantown beside La Salle University’s West Campus and near its Main Campus, Central High School, and The Shops at LaSalle. On-street parking is available, and the lot measures 0.0371 acres.
Key Highlights
- Three‑unit brick twin with 11 bedrooms and 2,742 square feet
- First floor has 5 bedrooms and 2 baths; upper floors each have 3 bedrooms and 1 bath
- In‑unit washer and dryer in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,792
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$935,840
$935.8K
Cap Rate 7%
$668,457
$668.5K
Cap Rate 9%
$519,911
$519.9K
Market Conditions
NOI Build-Up for 2,742 SF
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.
Gross rent
$70.7K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$66.8K $24.38/SF
− OpEx
−$20.1K −$7.31/SF
NOI
$46.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$935,840
Cap Rate 7%
$668,457
Cap Rate 9%
$519,911
Alternative Uses
Best Use
Multifamily LT 5
$668.5K
$584.9K – $779.9K
NOI $46,792 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$616.1K
$539.1K – $718.8K
NOI $43,130 @ 7.0% cap · market cap 6.74%
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
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
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 separately metered units include in-unit laundry, central air, eat-in kitchens, and individual 200 Amp service panels.
Where is this triplex located?
The property is located at 5643 E WISTER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Three‑unit brick twin with 11 bedrooms and 2,742 square feet; First floor has 5 bedrooms and 2 baths; upper floors each have 3 bedrooms and 1 bath; In‑unit washer and dryer in every unit
