Triplex with Detached
For Sale
$499,900
7111 RISING SUN Avenue, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size2,700 SF
Lot Size0.16 Acres
Price / SF$185.15
Days on Market120
Property Features for 7111 RISING SUN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
10
Parking features
Garage - Detached, Driveway
Interior features
Wood Floors
Subdivision
BURHOLME
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,700 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
5081
Utilities
Heating system
Hot Water(Heating), Forced Air, Baseboard
Cooling system
Central Air, Window Unit(s)
Amenities
original hardwood flooring
ceramic tile bathrooms
laundry access
covered front porch
Building Details
Year built
1925
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
Re/Max One Realty · RE/MAX International
(215) 953-8800
Listed By:
Matthew J Albright · License #RS314993
(215) 953-8380
Added: May 14
Changed: Sep 9
Last Checked: Sep 10 at 10:06AM
MLS# PAPH2621580
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 masonry triplex in Northeast Philadelphia was built in 1925 and offers 2,700 square feet on a 0.157-acre lot. Interior features include original wood flooring, ceramic tile bathrooms, laundry access, and a basement. Heating is provided by baseboard, hot water, and forced air systems, with cooling from central air and window units. Separate utilities support independent occupancy and management.
Parking includes a private driveway with space for eight vehicles and a detached two-car garage equipped with heat, electricity, and water. The property also includes a covered front porch and is designated CMX-1 mixed-use. Its Philadelphia location is near public transportation, shopping, dining, and local amenities.
Parking includes a private driveway with space for eight vehicles and a detached two-car garage equipped with heat, electricity, and water. The property also includes a covered front porch and is designated CMX-1 mixed-use. Its Philadelphia location is near public transportation, shopping, dining, and local amenities.
Key Highlights
- CMX‑1 mixed‑use designation in Philadelphia
- 2,700 square feet on a 0.157‑acre lot
- Detached two‑car garage with heat, electricity, and water
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
$36,450
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
7.29%
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%
$729,000
$729.0K
Cap Rate 7%
$520,714
$520.7K
Cap Rate 9%
$405,000
$405.0K
Market Conditions
NOI Build-Up for 2,700 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
$64.8K $24.00/SF
− Vacancy
−$6.5K −$2.40/SF
EGI
$58.3K $21.60/SF
− OpEx
−$21.9K −$8.10/SF
NOI
$36.5K $13.50/SF
Area
ZIP 19111
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
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%
$729,000
Cap Rate 7%
$520,714
Cap Rate 9%
$405,000
Alternative Uses
Best Use
Mixed Use
$520.7K
$455.6K – $607.5K
NOI $36,450 @ 7.0% cap · market cap 7.29%
Second Best
Multifamily LT 5
$517.9K
$453.1K – $604.2K
NOI $36,251 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$818.6K
$716.3K – $955.1K
NOI $57,303 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - CMX-1 mixed-use property with separate utilities, wood flooring, and a covered front porch.
Where is this triplex located?
The property is located at 7111 RISING SUN Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: CMX‑1 mixed‑use designation in Philadelphia; 2,700 square feet on a 0.157‑acre lot; Detached two‑car garage with heat, electricity, and water
