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Philadelphia Multifamily Property for Sale

120 S 46TH Street Philadelphia, PA 19139

120 S 46TH Street, Philadelphia, PA, 19139
$585,000
For Sale
Claim this Listing
$585,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,600 SF
Lot Size0.05 Acres
Price / SF$225
AddedMar 19
Days on Market119
Last RefreshJul 15 at 7:06 am

Property Features for 120 S 46TH Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
2,600 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
6803

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1925
Number of units
2
Building materials
Masonry
Architectural style
Other

Listing agent Nadia T Bilynsky License #RS311101

Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA

Listing date Mar 19, 2026

MLS# PAPH2596906 Listing URL

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 multifamily property is located in Philadelphia, Pennsylvania. The property has a size of 2600 square feet and sits on a lot of approximately 0.0459 acres. The seller owns additional real estate in the immediate area and would consider a portfolio sale.

Key Highlights

  • Masonry Construction
  • Central Air Cooling
  • Central Heating

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 $67.1k $25.80
− Vacancy −$3.7k −$1.42
EGI $63.4k $24.38
− OpEx −$19.0k −$7.31
NOI $44.4k $17.06
2,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$633.8K
$554.6K – $739.5K (±1% cap)
NOI $44,369 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$584.2K
$511.2K – $681.6K (±1% cap)
NOI $40,897 @ 7.0% cap · market cap 6.99%
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

Duplexes

Suggested Use

Law Firm Building Supply Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Acupuncture Florist Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Multifamily property in Philadelphia, Pennsylvania, ideal for investment.
Where is this duplex located?
The property is located at 120 S 46TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Masonry Construction; Central Air Cooling; Central Heating
Contact an agent
More about this property
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