Mixed-Use Property with
For Sale
$289,999
1630 S 58TH Street, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size1,850 SF
Lot Size0.03 Acres
Price / SF$156.76
Days on Market76
Property Features for 1630 S 58TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,850 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1573
Utilities
Cooling system
Ductless
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Janek Hancock · License #RS330380
(215) 376-4444
Added: Jun 16
Changed: Aug 19
Last Checked: Aug 30 at 2:06AM
MLS# PAPH2637372
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 1,850-square-foot masonry property pairs a first-floor commercial area with an upstairs three-bedroom apartment. The commercial portion is currently arranged for events and gatherings, while the source describes flexibility for office, retail, salon, studio, wellness, and professional-service uses.
The residence includes ductless mini-split heating and cooling. On-street parking is available, and the property occupies a 0.0267-acre lot in Philadelphia, Pennsylvania. Built in 1920, the building offers a compact mixed-use configuration with commercial and residential components under one roof.
The residence includes ductless mini-split heating and cooling. On-street parking is available, and the property occupies a 0.0267-acre lot in Philadelphia, Pennsylvania. Built in 1920, the building offers a compact mixed-use configuration with commercial and residential components under one roof.
Key Highlights
- 1,850‑square‑foot mixed‑use building with commercial and residential components
- Three‑bedroom apartment positioned above the first‑floor commercial area
- Commercial space currently configured for gatherings and special events
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,975
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$499,500
$499.5K
Cap Rate 7%
$356,786
$356.8K
Cap Rate 9%
$277,500
$277.5K
Market Conditions
NOI Build-Up for 1,850 SF
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.
Gross rent
$44.4K $24.00/SF
− Vacancy
−$4.4K −$2.40/SF
EGI
$40.0K $21.60/SF
− OpEx
−$15.0K −$8.10/SF
NOI
$25.0K $13.50/SF
Area
ZIP 19143
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$499,500
Cap Rate 7%
$356,786
Cap Rate 9%
$277,500
Alternative Uses
Best Use
Office B
$482.8K
$422.4K – $563.2K
NOI $33,793 @ 7.0% cap · market cap 11.65%
Second Best
Mixed Use
$356.8K
$312.2K – $416.3K
NOI $24,975 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$634.1K
$554.8K – $739.8K
NOI $44,386 @ 7.0% cap · market cap 15.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level layout combines commercial space with a three-bedroom residence.
Where is this mixed-use property located?
The property is located at 1630 S 58TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: 1,850‑square‑foot mixed‑use building with commercial and residential components; Three‑bedroom apartment positioned above the first‑floor commercial area; Commercial space currently configured for gatherings and special events
