Spacious Northern Liberties Airbnb
1011 N Orianna St, Philadelphia, PA 19123
Large, flexible property in prime location, ideal for Airbnb.
Type:Multifamily
Property size:
5,098 SFPrice / SF:
$245/SF- Added:
- Mar 14, 2026
- Days on Market:
- 107
- Last Refresh:
- Mar 19 at 11:21 pm
Property Features for 1011 N Orianna St
General Information
- Standard status
- Active
- Size
- 5,098 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2009
Listing office Keller Williams Philly
Listing date Mar 14, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Philly
HighLights
- Legally zoned and successfully operating as an Airbnb with high income potential.
- Exceptionally large new‑build (2009) with over 5,000 sq ft of living space.
- Flexible layout ideal for intergenerational living or large households, featuring 8 bedrooms and 5.5 bathrooms.
- Multiple living areas and two full kitchens (plus a kitchenette) provide privacy and convenience.
- Prime Northern Liberties location, steps from restaurants, cafes, parks, and boutiques, with easy access to Center City.
- Airbnb furnishings are negotiable, allowing for immediate continuation of rental operations.
Overview
Located in Northern Liberties, this property is legally zoned and has been successfully operated as an Airbnb. Constructed in 2009, the property offers over 5,000 square feet of living space. The layout includes 8 bedrooms and 5.5 bathrooms, multiple living areas, two full kitchens, and a lower-level kitchenette. This configuration is suited for intergenerational living, large households, or continued use as a short-term rental investment. The main level features a kitchen, living and dining areas, two bedrooms, and access to a rear deck and shared patio. The finished lower level includes a kitchenette, two bedrooms, a full bathroom, and direct patio access. The second floor offers another kitchen, multiple living areas, a dining space, and a half bath. The upper level contains four additional bedrooms, including a primary suite with an ensuite bath, plus second-floor laundry. The property's multiple gathering areas and kitchens allow for comfortable shared spaces. Situated near restaurants, cafes, parks, and boutiques, the property provides access to Old City, Center City, and cultural destinations such as the Philadelphia Museum of Art and The Franklin Institute. The property is available for immediate purchase; occupancy is subject to confirmed bookings at the time of the offer. Airbnb furnishings are negotiable.
Local Financial Insights For Apartment 5plus
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 | $154.8k | $30.36 |
| − Vacancy | −$9.0k | −$1.76 |
| EGI | $145.8k | $28.60 |
| − OpEx | −$65.6k | −$12.87 |
| NOI | $80.2k | $15.73 |
5,098 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,189 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,997 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1426881
- Latitude
- 39.9670376
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Large, flexible property in prime location, ideal for Airbnb.
Where is this short term rental property located?
The property is located at 1011 N Orianna St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Legally zoned and successfully operating as an Airbnb with high income potential.; Exceptionally large new‑build (2009) with over 5,000 sq ft of living space.; Flexible layout ideal for intergenerational living or large households, featuring 8 bedrooms and 5.5 bathrooms.
