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All-Brick Three-Unit End Property
For Sale
$479,900

9878 GARVEY Drive, Philadelphia, PA 19114

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,806 SF
Lot Size0.07 Acres
Price / SF$265.73
Days on Market15

Property Features for 9878 GARVEY Drive

General Information

Property type Residential Multi Family
Property subtype Other
Parking 4
Parking features On Street, Driveway
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,806 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 6254

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

stainless steel appliances
gas cooking
ceiling fans
deck
fenced yard
washer/dryer

Building Details

Year built 1973
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Properties · RE/MAX International
Listed By: Catherine A Boytos · License #RS310711
Added: Jul 21 Changed: Jul 23 Last Checked: Aug 4 at 2:06PM
MLS# PAPH2650244

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 all-brick, end-unit three-family property includes two full two-bedroom, one-bath units and a ground-level efficiency unit. The 1st floor features a 2 bed/1 bath layout with wood-grain flooring, a kitchen with stainless steel appliances and gas cooking, an updated full bath, ceiling fans in the bedrooms, and a large composite deck. The 2nd floor offers a 2 bed/1 bath unit with fresh paint and new carpets, a kitchen with gas cooking and a tile backsplash, and an updated full bath.

The ground-level efficiency unit includes a private entrance, recessed lighting, ceramic tile flooring, and a modern kitchen with white cabinets. Common areas provide access to the backyard and include two large storage closets, plus a washer/dryer.

The property sits on a fully fenced backyard and includes a four-car driveway along with plenty of street parking.

Key Highlights

  • All‑brick end unit 3‑unit property with on‑street parking and a 4‑car driveway
  • 1973 construction with forced‑air heating and central air conditioning
  • Unit mix: two 2 bed/1 bath units plus a ground‑level efficiency unit with private entrance

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 $46.6k $25.80
− Vacancy −$2.6k −$1.42
EGI $44.0k $24.38
− OpEx −$13.2k −$7.31
NOI $30.8k $17.06
1,806 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$440.3K
$385.2K – $513.7K (±1% cap)
NOI $30,819 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$405.8K
$355.1K – $473.5K (±1% cap)
NOI $28,408 @ 7.0% cap · market cap 5.92%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Food Market Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 19114, PA

32,645
Population
14,703
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
5,829
Density / Sq Mi
$76,076
Median Household Income
$48,257
Median Earnings
$1,369
Median Rent
$276,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - All-brick three-unit end property with a fenced yard and four-car driveway parking.
Where is this triplex located?
The property is located at 9878 GARVEY Drive Philadelphia, PA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: All‑brick end unit 3‑unit property with on‑street parking and a 4‑car driveway; 1973 construction with forced‑air heating and central air conditioning; Unit mix: two 2 bed/1 bath units plus a ground‑level efficiency unit with private entrance
More about this property
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