Renovated 3-Unit
For Sale
$700,000
807 S 49TH Street, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size3,213 SF
Lot Size0.06 Acres
Price / SF$217.86
Days on Market98
Property Features for 807 S 49TH Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Subdivision
CEDAR PARK
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,213 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7404
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
shared laundry
central A/C
Building Details
Year built
1917
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Samantha Lee Miller · License #RS352351
(215) 692-3107
Added: Jul 9
Changed: Sep 29
Last Checked: Oct 14 at 8:06AM
MLS# PAPH2646096
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 3,213-square-foot masonry triplex contains three renovated residences across four stories, plus a basement. The unit mix includes a three-bedroom, one-bath apartment; a two-bedroom apartment with a den and one bath; and a bi-level three-bedroom, two-bath unit. Central air and forced-air heating serve the residences, while laundry is shared in the basement. The building dates to 1917, and parking is on street.
The property is in West Philadelphia near Baltimore Avenue, Cedar Park, Kingsessing Recreation Center, the University of Pennsylvania, and CHOP. Nearby trolley and bus service connects the area to additional destinations. The three distinct layouts, basement laundry, and central air are existing features of the property.
The property is in West Philadelphia near Baltimore Avenue, Cedar Park, Kingsessing Recreation Center, the University of Pennsylvania, and CHOP. Nearby trolley and bus service connects the area to additional destinations. The three distinct layouts, basement laundry, and central air are existing features of the property.
Key Highlights
- Three residences totaling 3,213 square feet
- Unit mix: 3‑bedroom/1‑bath, 2‑bedroom plus den/1‑bath, and 3‑bedroom bi‑level/2‑bath
- Four‑story masonry building with basement; built in 1917
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,806
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,120
$696.1K
Cap Rate 7%
$497,229
$497.2K
Cap Rate 9%
$386,733
$386.7K
Market Conditions
NOI Build-Up for 3,213 SF
Gross rent
$53.6K $16.68/SF
− Vacancy
−$3.9K −$1.20/SF
EGI
$49.7K $15.48/SF
− OpEx
−$14.9K −$4.64/SF
NOI
$34.8K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,120
Cap Rate 7%
$497,229
Cap Rate 9%
$386,733
Alternative Uses
Best Use
Multifamily LT 5
$497.2K
$435.1K – $580.1K
NOI $34,806 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$442.3K
$387.0K – $516.0K
NOI $30,959 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.10M
$963.6K – $1.28M
NOI $77,087 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,076
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Central air serves all three residences, and shared laundry is located in the basement.
Where is this triplex located?
The property is located at 807 S 49TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three residences totaling 3,213 square feet; Unit mix: 3‑bedroom/1‑bath, 2‑bedroom plus den/1‑bath, and 3‑bedroom bi‑level/2‑bath; Four‑story masonry building with basement; built in 1917
