Corner Triplex with Natural
New
For Sale
$760,000
900 S 5TH STREET, Philadelphia, PA 19147
Corner triplex with three 2-bedroom units and Walk Score 95 in Philadelphia’s Queen Village area.
Days on Market4
Property Features for 900 S 5TH STREET
General Information
Standard status
Active
Property subtype
Triplex
Occupancy
100%
Building Details
Building Size
2,637 SF
Year Built
1915
Buildings
1
Tenancy
Multi
Listing Agency:
Liberty Real Estate
(484) 714-2488
Listed By:
Xuemei Li · License #RS346389
(484) 714-2488
Source:
Patmckennarealtors
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 11:32AM
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 Liberty Real Estate
Investment Insights
Based on property information with market context.
This triplex at 900 S 5th Street is a corner property built in 1915, designed with three separate units. Each unit offers a 2-bedroom, 1-bath layout, supporting straightforward resident living arrangements. The building is described as fully leased.
The property is located in Queen Village (19147) with a Walk Score of 95. Residents are steps away from the Italian Market and Shot Tower Coffee, with dining and activity on 4th Street nearby.
The triplex sits within the Meredith School Catchment, which can be an important consideration for families evaluating where to live. The corner configuration is highlighted for natural light and visibility.
The property is located in Queen Village (19147) with a Walk Score of 95. Residents are steps away from the Italian Market and Shot Tower Coffee, with dining and activity on 4th Street nearby.
The triplex sits within the Meredith School Catchment, which can be an important consideration for families evaluating where to live. The corner configuration is highlighted for natural light and visibility.
Key Highlights
- Corner triplex built in 1915
- Three units, each with 2 bedrooms and 1 bathroom
- Described as fully leased
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 | $68.0k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $64.3k | $24.38 |
| − OpEx | −$19.3k | −$7.31 |
| NOI | $45.0k | $17.06 |
2,637 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$642.9K
$562.5K – $750.0K
NOI $45,000 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$592.6K
$518.5K – $691.3K
NOI $41,479 @ 7.0% cap · market cap 5.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,558
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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 - Corner triplex with three 2-bedroom units and Walk Score 95 in Philadelphia’s Queen Village area.
Where is this triplex located?
The property is located at 900 S 5TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Corner triplex built in 1915; Three units, each with 2 bedrooms and 1 bathroom; Described as fully leased
