New Construction
913 North 43rd Street Philadelphia, PA 19104
913 North 43rd Street, Philadelphia, PA, 19104
$775,000
For Sale
$775,000
Modern triplex offers three separate units with in-unit laundry, stainless appliances, and separately metered electric.
Property Size2,550 SF
Price / SF$303.92
Days on Market250
Property Features for 913 North 43rd Street
General Information
- Standard status
- Active
- Size
- 2,550 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2024
Listing agency
United Real Estate
(215) 880-2225
Listed by
Leighanne Tancredi · License #RS328923
(215) 880-2225
Source
Compass
Added: Nov 15, 2025 Updated: Jul 22 at 7:37PM Checked: Jul 22 at 7:37PM
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 United Real Estate
Investment Insights
Based on property information with market context.
Modern new construction triplex with quality finishes and in-unit laundry. The property includes large windows for natural light and stainless steel appliances with shaker-style cabinetry and granite countertops, plus dishwashers, microwaves, and refrigerators. The 2,550 SF building is configured as Unit 1 (bilevel 3-bedroom with 3 full baths), Unit 2 (1-bedroom with 1 bath), and Unit 3 (1-bedroom with 1 bath and a private deck off the living area). Electric is metered separately for each unit.
Located in Philadelphia’s 19104 area with easy commuting access to University City, Drexel, UPenn, Route 76, and Center City. Public transportation is described as easy, supporting practical tenant access.
The offering includes a full 10-year tax abatement as stated in the remarks, with each unit positioned for independent utility billing.
Located in Philadelphia’s 19104 area with easy commuting access to University City, Drexel, UPenn, Route 76, and Center City. Public transportation is described as easy, supporting practical tenant access.
The offering includes a full 10-year tax abatement as stated in the remarks, with each unit positioned for independent utility billing.
Key Highlights
- 2024‑built modern triplex with 3 separate units in Philadelphia (MLS Area 19104)
- 3‑unit layout: Unit 1 bilevel 3BR/3BA; Units 2 and 3 are 1BR/1BA units
- In‑unit laundry in each unit plus stainless steel appliances and large windows
Local 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 | $65.8k | $25.80 |
| − Vacancy | −$3.6k | −$1.42 |
| EGI | $62.2k | $24.38 |
| − OpEx | −$18.6k | −$7.31 |
| NOI | $43.5k | $17.06 |
2,550 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$621.6K
$543.9K – $725.3K
NOI $43,515 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$573.0K
$501.4K – $668.5K
NOI $40,110 @ 7.0% cap · market cap 5.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Modern triplex offers three separate units with in-unit laundry, stainless appliances, and separately metered electric.
Where is this triplex located?
The property is located at 913 North 43rd Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2024‑built modern triplex with 3 separate units in Philadelphia (MLS Area 19104); 3‑unit layout: Unit 1 bilevel 3BR/3BA; Units 2 and 3 are 1BR/1BA units; In‑unit laundry in each unit plus stainless steel appliances and large windows
