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Maintained End-Row Triplex
For Sale
$300,000
Pending

5753 Tackawanna Street, Philadelphia, PA 19135

Three occupied units feature separate utilities and a finished lower level with a full kitchen and bathroom.

Property Size1,121 SF
Days on Market172

Property Features for 5753 Tackawanna Street

General Information

Standard status Pending
Size 1,121 SF
Property subtype Multi-Family / Fee Simple
Zoning RSA5
Occupancy 100%

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,323

Amenities

No
No Pool
Above Grade, Below Grade
Sidewalks, Street Lights

Building Details

Year Built 1950
Listing Agency: Keller Williams Real Estate Tri-County
Listed By: Jamella Small · License #RS352696
Source: Compass
Added: Mar 13 Changed: Aug 30 Last Checked: Aug 30 at 2:07PM

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 Keller Williams Real Estate Tri-County

Investment Insights

Based on property information with market context.

This maintained end-row triplex contains three occupied living units with separate utilities. The first-floor residence includes a living room, kitchen, bathroom, and large bedroom, while the upper unit follows a similar layout. The finished basement adds a full kitchen and bathroom, providing a distinct lower-level living area.

Property improvements include updated heaters and hot water heaters. Exterior features include sidewalks and street lights, with no pool. The property was built in 1950 and is zoned RSA5. Located at 5753 Tackawanna Street in Philadelphia, the property is within ZIP Code 19135 and served by The School District of Philadelphia.

Key Highlights

  • Three total living units, all occupied
  • End‑row property built in 1950
  • Separate utilities for all units

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
$19,130
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
6.38%
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%
$382,600 $382.6K
Cap Rate 7%
$273,286 $273.3K
Cap Rate 9%
$212,556 $212.6K
Market Conditions
NOI Build-Up for 1,121 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
$28.9K $25.80/SF
− Vacancy
−$1.6K −$1.42/SF
EGI
$27.3K $24.38/SF
− OpEx
−$8.2K −$7.31/SF
NOI
$19.1K $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%
$382,600
Cap Rate 7%
$273,286
Cap Rate 9%
$212,556

Alternative Uses

Best Use
Multifamily LT 5
$273.3K
$239.1K – $318.8K (±1% cap)
NOI $19,130 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$251.9K
$220.4K – $293.9K (±1% cap)
NOI $17,633 @ 7.0% cap · market cap 5.88%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop

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

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby

Demographics for 19135, PA

35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three occupied units feature separate utilities and a finished lower level with a full kitchen and bathroom.
Where is this triplex located?
The property is located at 5753 Tackawanna Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three total living units, all occupied; End‑row property built in 1950; Separate utilities for all units
More about this property
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