7111 RISING SUN Avenue, Philadelphia, PA 19111
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- May 14, 2026
- Days on Market:
- 38
- Last Refresh:
- Jun 20 at 1:06 am
Property Features for 7111 RISING SUN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 10
- Parking features
- Driveway, Garage - Detached
- Interior features
- Wood Floors
- 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)
Building Details
- Year built
- 1925
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Matthew J Albright License #RS314993 (215) 953-8380
Listing office Re/Max One Realty 521 Bustleton Pike, Philadelphia, PA (215) 953-8800
Listing date May 14, 2026
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.
HighLights
- Mixed‑use (CMX‑1) property with 4 separate units in the main residence, each with separate utilities
- Basement included, offering space that could be used to create an additional unit
- Masonry construction; year built 1925
- Interior features include wood floors, ceramic tile bathrooms, and laundry access
- Heating includes hot water (heating), forced air, and baseboard; cooling includes central air and window unit(s)
- Parking includes a private driveway for up to 8 vehicles plus a 2‑car detached garage with heat, electricity, and water
Overview
The property is situated at 7111 Rising Sun Avenue in an established, accessible area. Public remarks note proximity to public transportation, shopping, dining, and local amenities, supporting convenient tenant lifestyles.
Additional on-site improvements include ample parking with a private driveway sized for eight vehicles, plus a two-car detached garage. The detached garage is equipped with heat, electricity, and water, which may support storage needs and additional functionality. With move-in readiness and an income-producing setup designed for simplified management, the property is well suited to owner-occupants or investors seeking a straightforward four-unit configuration with potential for further development of the basement space.
Local 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 | $53.5k | $19.80 |
| − Vacancy | −$1.7k | −$0.62 |
| EGI | $51.8k | $19.18 |
| − OpEx | −$15.5k | −$5.75 |
| NOI | $36.3k | $13.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.08633
- Latitude
- 40.05849
