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Triplex Residential Income Property

PHILADELPHIA, PA 19143 Philadelphia, PA 19143

Philadelphia, PA, 19143
$450,000
For Sale
Claim this Listing
$450,000

MULTI_FAMILY - PHILADELPHIA, PA

Property Size2,280 SF
Price / SF$197.37
AddedDec 30, 2025
Days on Market197
Last RefreshJul 15 at 3:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Standard status
Active
Size
2,280 SF

Building Details

Year built
1925

Listing agent Mark Malfara License #RS280250

Listing office BHHS Fox & Roach Blue Bell PA

Listing date Dec 30, 2025

MLS# PAPH2566282

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 triplex residential income property consists of three units, with each unit featuring contemporary finishes and a functional design. The asset is described as clean and turnkey, positioned to support straightforward, ready-to-rent operations.

The property is located on Christian Street in West Philadelphia, within the broader Philadelphia, PA 19143 area. Public remarks describe the location as well-positioned and supportive of a stable rental environment.

As presented, the key offering is a three-unit multifamily configuration with modern interior finishes and practical layouts across all units.

Key Highlights

  • Triplex built in 1925
  • Located on Christian Street in West Philadelphia
  • Each unit features contemporary finishes

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 $38.0k $16.68
− Vacancy −$2.7k −$1.20
EGI $35.3k $15.48
− OpEx −$10.6k −$4.64
NOI $24.7k $10.83
2,280 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$352.8K
$308.7K – $411.7K (±1% cap)
NOI $24,699 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$313.8K
$274.6K – $366.2K (±1% cap)
NOI $21,969 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$781.5K
$683.8K – $911.7K (±1% cap)
NOI $54,702 @ 7.0% cap · market cap 12.16%
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 - Triplex with three units, each offering contemporary finishes and a functional layout.
Where is this triplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Triplex built in 1925; Located on Christian Street in West Philadelphia; Each unit features contemporary finishes
Contact an agent
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