Multi-Family Rowhouse with
1010 N 5TH Street Philadelphia, PA 19123
New
1010 N 5TH Street, Philadelphia, PA, 19123
$1,150,000
For Sale
$1,150,000
MULTI_FAMILY - Colonial - PHILADELPHIA, PA
Property Size3,686 SF
Lot Size0.06 Acres
Price / SF$311.99
Days on Market4
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
- Standard status
- Active
- Size
- 3,686 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10778
Utilities
- Heating system
- Other (Heating), Heat Pump (Heating)
- Cooling system
- Ductless
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 Checked: Jul 22 at 7:06AM
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.
Investment Insights
Based on property information with market context.
Classic brick-front Philadelphia semi-detached rowhouse-style multifamily building with separate utilities. The legal configuration is a 4-unit property, plus a non-conforming 5th studio unit tied to a separate electric meter that also serves laundry and common lights.
The unit mix includes a front studio, two front 1-bedroom units, and a spacious bi-level 2-bedroom unit at the rear with a private entrance. The rear unit has off-street parking reserved for it only and access to a large yard. A renovated non-conforming studio (Unit 3R) is listed as connected previously by internal stairs, which could be re-exposed to re-create a tri-level arrangement.
Units are described as having natural gas boilers and gas water heaters, along with mini-split AC. Some kitchens and bathrooms have been updated over time, and several units have been renovated as they became vacant. Buyer to verify square footage, permits, and all information.
The unit mix includes a front studio, two front 1-bedroom units, and a spacious bi-level 2-bedroom unit at the rear with a private entrance. The rear unit has off-street parking reserved for it only and access to a large yard. A renovated non-conforming studio (Unit 3R) is listed as connected previously by internal stairs, which could be re-exposed to re-create a tri-level arrangement.
Units are described as having natural gas boilers and gas water heaters, along with mini-split AC. Some kitchens and bathrooms have been updated over time, and several units have been renovated as they became vacant. Buyer to verify square footage, permits, and all information.
Key Highlights
- Brick‑front Philadelphia semi‑detached row, Colonial style, built in 1920
- Legally a 4‑unit property with a non‑conforming 5th unit (3R) tied to a separate electric meter
- All utilities are separately metered; units include natural gas boilers and gas water heaters
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 | $95.1k | $25.80 |
| − Vacancy | −$5.2k | −$1.42 |
| EGI | $89.9k | $24.38 |
| − OpEx | −$27.0k | −$7.31 |
| NOI | $62.9k | $17.06 |
3,686 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Philadelphia semi-detached row building with separately metered utilities, multiple units, and a rear private entrance.
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: Brick‑front Philadelphia semi‑detached row, Colonial style, built in 1920; Legally a 4‑unit property with a non‑conforming 5th unit (3R) tied to a separate electric meter; All utilities are separately metered; units include natural gas boilers and gas water heaters
