Search
Mixed-Use Triplex with Garage
For Sale
$399,999

7333-35 Rising Sun Avenue, Philadelphia, PA 19111

Triplex with a lower-level office, detached garage, driveway parking, and residential units.

Property Size2,216 SF
Price / SF$180.50
Days on Market407

Property Features for 7333-35 Rising Sun Avenue

General Information

Standard status Active
Size 2,216 SF
Property subtype Multi-Family / Fee Simple
Zoning CMX2

Taxes and HOA fees

Annual Taxes $4,945

Amenities

https://vimeo.com/1108099176/b2df20dd0b
No Pool
Above Grade

Building Details

Year Built 1910
Listing Agency: Century 21 Advantage Gold-Southampton
Listed By: Brian Lanoza · License #RS279853
Source: Compass
Added: Jul 21, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:00PM

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 Century 21 Advantage Gold-Southampton

Investment Insights

Based on property information with market context.

This 2,216-square-foot triplex is configured for mixed-use occupancy, with three residential apartments and a separate office area on the lower level. The office includes a full bathroom and interior workspace. Residential layouts include one-bedroom and two-bedroom apartments, with kitchens offering gas or electric cooking, full bathrooms, and access to an attic in the second-floor unit. The property also includes a detached, warehouse-style two-car garage, a multi-car driveway, a storage shed, cement patio, and rear grass yard.

Located at the 5-Points intersection on Rising Sun Avenue in Philadelphia’s 19111 area, the property is near the Rising Sun Avenue shopping district, Route 1, and access toward the suburbs. CMX2 zoning supports the property’s mixed-use configuration. The residential units and garage are occupied on month-to-month arrangements, while the office provides additional space within the main building.

Key Highlights

  • 2,216‑square‑foot mixed‑use triplex
  • Three residential apartments plus lower‑level office space
  • CMX2 zoning

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
$36,330
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
9.08%
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%
$726,600 $726.6K
Cap Rate 7%
$519,000 $519.0K
Cap Rate 9%
$403,667 $403.7K
Market Conditions
NOI Build-Up for 2,216 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
$58.5K $26.40/SF
− Vacancy
−$10.1K −$4.54/SF
EGI
$48.4K $21.86/SF
− OpEx
−$12.1K −$5.46/SF
NOI
$36.3K $16.39/SF
Area
ZIP 19111
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$726,600
Cap Rate 7%
$519,000
Cap Rate 9%
$403,667

Alternative Uses

Best Use
Office B
$519.0K
$454.1K – $605.5K (±1% cap)
NOI $36,330 @ 7.0% cap · market cap 9.08%
Second Best
Mixed Use
$427.4K
$374.0K – $498.6K (±1% cap)
NOI $29,916 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$671.9K
$587.9K – $783.9K (±1% cap)
NOI $47,031 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Grocery & Convenience Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

1,235
Businesses Nearby

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

Market

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with a lower-level office, detached garage, driveway parking, and residential units.
Where is this triplex located?
The property is located at 7333-35 Rising Sun Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 2,216‑square‑foot mixed‑use triplex; Three residential apartments plus lower‑level office space; CMX2 zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message