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Quadplex with Rooftop Terrace
For Sale
$1,400,000

1309 S 20TH STREET, Philadelphia, PA 19146

Four residential units feature contemporary finishes, oversized windows, and in-unit washer and dryer appliances.

Property Size4,765 SF
Price / SF$293.81
Days on Market471

Property Features for 1309 S 20TH STREET

General Information

Standard status Active
Size 4,765 SF
Property subtype Quadruplex

Site & Location

Neighborhood South Philadelphia

Units

Unit Mix 2 x 2BR/2BA, 2 x 3BR/2BA
Multifamily Units 4

Additional Details

Cap Rate 6.52%

Taxes and HOA fees

Annual Taxes $2,865

Amenities

rooftop terrace
in-unit washer/dryer

Building Details

Building Size 4,765 SF
Year Built 2019
Buildings 1
Listing Agency: Keller Williams Liberty Place
Listed By: Ryan J McManus · License #RS316262
Source: Patmckennarealtors
Added: Jul 10, 2025 Changed: Oct 21 Last Checked: Oct 21 at 3:28AM

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 Liberty Place

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Investment Insights

Based on property information with market context.

Built in 2019, this 4,765 SF quadplex contains four residential units arranged as two 2x2 residences and two 3x2 residences. Each apartment averages over 1,000 SF and includes contemporary kitchens and baths, LVP flooring, high ceilings, oversized windows, and an in-unit washer and dryer. The building also includes a rooftop terrace with skyline views.

The property is located at 1309 S 20TH STREET in Philadelphia’s Point Breeze area, with access to parks, shops, cafes, bars, restaurants, roadways, and transit options. The offering carries a 6.52% CAP rate and approximately 5.5 years remaining on a full 10 year tax abatement.

Key Highlights

  • Four‑unit quadplex built in 2019
  • 4,765 SF apartment building with four residences
  • Unit mix includes two 2x2 and two 3x2 apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,314
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,626,280 $1.6M
Cap Rate 7%
$1,161,629 $1.2M
Cap Rate 9%
$903,489 $903.5K
Market Conditions
NOI Build-Up for 4,765 SF
Gross rent
$122.9K $25.80/SF
− Vacancy
−$6.8K −$1.42/SF
EGI
$116.2K $24.38/SF
− OpEx
−$34.8K −$7.31/SF
NOI
$81.3K $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%
$1,626,280
Cap Rate 7%
$1,161,629
Cap Rate 9%
$903,489

Alternative Uses

Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,314 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$1.07M
$936.9K – $1.25M (±1% cap)
NOI $74,951 @ 7.0% cap · market cap 5.35%
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

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,200
Businesses Nearby

Demographics for 19146, PA

41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units feature contemporary finishes, oversized windows, and in-unit washer and dryer appliances.
Where is this quadplex located?
The property is located at 1309 S 20TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 2019; 4,765 SF apartment building with four residences; Unit mix includes two 2x2 and two 3x2 apartments
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