Brick Quadplex with Private
For Sale
$1,150,000
1010 N 5TH Street, Philadelphia, PA 19123
Multi-Family, PHILADELPHIA, PA
Property Size3,686 SF
Lot Size0.06 Acres
Price / SF$311.99
Days on Market95
Property Features for 1010 N 5TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
1
Parking features
Driveway, Off Street
Subdivision
NORTHERN LIBERTIES
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
3,686 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
10778
Utilities
Heating system
Heat Pump (Heating), Other (Heating)
Cooling system
Ductless
Amenities
yard
mini-split AC
Building Details
Year built
1920
Number of units
4
Building materials
Brick, Block, Masonry
Architectural style
Colonial
Listing Agency:
JG Real Estate LLC
(215) 467-4100
Listed By:
Max Tanenbaum · License #RS335272
(856) 522-9291
Added: Jul 19
Changed: Sep 17
Last Checked: Oct 21 at 10:06PM
MLS# PAPH2647582
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.
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Investment Insights
Based on property information with market context.
This 3,686-square-foot brick and masonry multifamily property was built in 1920 and is legally configured as a four-unit building. The layout includes a front studio, two front one-bedroom units, and a rear bi-level two-bedroom unit with its own entrance, reserved off-street parking, and a large yard. A renovated non-conforming studio is also present, bringing the current configuration to five units. Several kitchens and bathrooms have been updated, while building systems include natural gas boilers, gas water heaters, and ductless mini-split cooling.
Located in Philadelphia’s Northern Liberties, the property occupies approximately 0.06 acres and includes driveway and off-street parking features. Utilities are separately metered, with the non-conforming studio’s electric meter also serving the laundry and common-area lighting. The rear units were previously linked by an internal staircase, and the property includes a basement.
Located in Philadelphia’s Northern Liberties, the property occupies approximately 0.06 acres and includes driveway and off-street parking features. Utilities are separately metered, with the non-conforming studio’s electric meter also serving the laundry and common-area lighting. The rear units were previously linked by an internal staircase, and the property includes a basement.
Key Highlights
- Legally configured as a 4‑unit property with a non‑conforming renovated studio
- 3,686 square feet on approximately 0.06 acres
- Unit mix includes a studio, two 1BR units, a bi‑level 2BR, and a non‑conforming studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,901
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,020
$1.3M
Cap Rate 7%
$898,586
$898.6K
Cap Rate 9%
$698,900
$698.9K
Market Conditions
NOI Build-Up for 3,686 SF
Gross rent
$95.1K $25.80/SF
− Vacancy
−$5.2K −$1.42/SF
EGI
$89.9K $24.38/SF
− OpEx
−$27.0K −$7.31/SF
NOI
$62.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,020
Cap Rate 7%
$898,586
Cap Rate 9%
$698,900
Alternative Uses
Best Use
Multifamily LT 5
$898.6K
$786.3K – $1.05M
NOI $62,901 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$828.3K
$724.7K – $966.3K
NOI $57,979 @ 7.0% cap · market cap 5.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Philadelphia multifamily property with varied unit layouts, separately metered utilities, and dedicated rear-unit parking.
Where is this quadplex located?
The property is located at 1010 N 5TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legally configured as a 4‑unit property with a non‑conforming renovated studio; 3,686 square feet on approximately 0.06 acres; Unit mix includes a studio, two 1BR units, a bi‑level 2BR, and a non‑conforming studio
