Triplex with Shared
For Sale
$525,000
824 S ST BERNARD, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size2,484 SF
Lot Size0.05 Acres
Price / SF$211.35
Days on Market108
Property Features for 824 S ST BERNARD
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,484 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7770
Utilities
Heating system
Forced Air
Amenities
coin-op laundry
shared backyard
Building Details
Year built
1920
Number of units
3
Building materials
Masonry
Listing Agency:
New Age Realty Group Inc
Listed By:
Nicole Caprario · License #RS320794
(215) 387-1002
Added: Jul 9
Changed: Oct 13
Last Checked: Oct 24 at 6:06AM
MLS# PAPH2643272
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.
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Investment Insights
Based on property information with market context.
Built in 1920, this 2,484-square-foot masonry triplex contains three apartments: one with three bedrooms and two with two bedrooms each. The first-floor apartment and front porch have been renovated. A basement provides shared coin-operated laundry, and residents also have access to a shared backyard. Forced-air heating serves the building. The property occupies a 0.0482-acre lot.
The building is near the University of Pennsylvania, Drexel University, and Clark Park. Restaurants and shops along the Baltimore Avenue commercial corridor are also nearby.
The building is near the University of Pennsylvania, Drexel University, and Clark Park. Restaurants and shops along the Baltimore Avenue commercial corridor are also nearby.
Key Highlights
- Three apartments: one 3‑bedroom unit and two 2‑bedroom units
- 2,484‑square‑foot masonry building constructed in 1920
- First‑floor apartment and front porch renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,909
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,180
$538.2K
Cap Rate 7%
$384,414
$384.4K
Cap Rate 9%
$298,989
$299.0K
Market Conditions
NOI Build-Up for 2,484 SF
Gross rent
$41.4K $16.68/SF
− Vacancy
−$3.0K −$1.20/SF
EGI
$38.4K $15.48/SF
− OpEx
−$11.5K −$4.64/SF
NOI
$26.9K $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%
$538,180
Cap Rate 7%
$384,414
Cap Rate 9%
$298,989
Alternative Uses
Best Use
Multifamily LT 5
$384.4K
$336.4K – $448.5K
NOI $26,909 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$341.9K
$299.2K – $398.9K
NOI $23,935 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$851.4K
$745.0K – $993.3K
NOI $59,597 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,983
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
Frequently Asked Questions
What type of property is this?
Triplex - An occupied three-unit property combines varied apartment layouts with basement laundry and a shared outdoor area.
Where is this triplex located?
The property is located at 824 S ST BERNARD Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom unit and two 2‑bedroom units; 2,484‑square‑foot masonry building constructed in 1920; First‑floor apartment and front porch renovated
