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    Philadelphia Multifamily Property for Sale Title is generated by Realmo AI

    120 S 46th St, Philadelphia, PA 19139

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    Multifamily property available in Philadelphia, Pennsylvania.

    Type:Multifamily
    Property size:
    2,600 SF
    Price / SF:
    $240/SF
    Added:
    Mar 19, 2026
    Days on Market:
    90
    Last Refresh:
    Mar 20 at 8:46 pm

    Property Features for 120 S 46th St

    General Information

    Standard status
    Active
    Size
    2,600 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1925

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    Listing Contact
    Nadia Bilynsky

    Listing agent Nadia Bilynsky License #PA

    Listing office MPN Realty, Inc.

    Listing date Mar 19, 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 MPN Realty, Inc.

    HighLights

    • Portfolio sale opportunity with seller owning additional real estate in the immediate area.
    • Built in 1925.

    Overview

    A multifamily property is available for sale. The property has a size of 2,600 square feet. The seller owns additional real estate in the immediate area and would consider a portfolio sale.

    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 $78.9k $30.36
    − Vacancy −$4.6k −$1.76
    EGI $74.4k $28.60
    − OpEx −$33.5k −$12.87
    NOI $40.9k $15.73
    2,600 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $584.2K
    $511.2K – $681.6K (±1% cap)
    NOI $40,897 @ 7.0% cap · market cap 6.54%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $633.8K
    $554.6K – $739.5K (±1% cap)
    NOI $44,369 @ 7.0% cap · market cap 7.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2137212
    Latitude
    39.9565383

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property available in Philadelphia, Pennsylvania.
    Where is this multifamily property located?
    The property is located at 120 S 46th St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Portfolio sale opportunity with seller owning additional real estate in the immediate area.; Built in 1925.
    More about this property
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