Queen Village Fully Leased
900 S 5TH Street Philadelphia, PA 19147
For Sale
$760,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,637 SF
Lot Size0.03 Acres
Price / SF$288.21
Days on Market124
Property Features for 900 S 5TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,637 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6970
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Brick, Concrete
Listing Agency:
Liberty Real Estate
(215) 625-4725
Listed By:
Xuemei Li · License #RS346389
(484) 714-2488
Added: Mar 23
Changed: Jun 9
Last Checked: Jul 24 at 1:06PM
MLS# PAPH2598256
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 well-maintained corner property is a triplex located in Queen Village, Philadelphia. Each of the three units features 2 bedrooms and 1 bathroom. The property is situated in a prime location within the 19147 postal code, boasting a Walk Score of 95. Its corner position provides excellent natural light and visibility. The building is located within the Meredith School Catchment area. The property is located steps away from the Italian Market, Shot Tower Coffee, and the dining scene on 4th Street. The property size is 2637 square feet and the lot size is 0.025 acres.
Key Highlights
- Fully leased triplex providing immediate cash flow.
- Prime Queen Village location with a Walk Score of 95, near the Italian Market and 4th Street dining.
- Located within the highly‑rated Meredith School Catchment area.
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey triplex in prime Queen Village location with immediate cashflow.
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: Fully leased triplex providing immediate cash flow.; Prime Queen Village location with a Walk Score of 95, near the Italian Market and 4th Street dining.; Located within the highly‑rated Meredith School Catchment area.
