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Four-Unit Residential Building
For Sale
$825,000

131 PEMBERTON Street, Philadelphia, PA 19147

Multi-Family, PHILADELPHIA, PA

Property Size2,952 SF
Lot Size0.04 Acres
Price / SF$279.47
Days on Market21

Property Features for 131 PEMBERTON Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features On Street
Subdivision QUEEN VILLAGE
Elementary school MEREDITH WILLIAM
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 2,952 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 12106

Utilities

Heating system Electric (Heating), Baseboard

Amenities

laundry
side yard
rear yard

Building Details

Year built 1915
Number of units 4
Building materials Masonry
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Deidre M Quinn · License #RS276819
Added: Oct 1 Changed: Oct 21 Last Checked: Oct 21 at 8:06PM
MLS# PAPH2676000

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 2,952-square-foot masonry property contains four legal residences: three studios and one two-bedroom apartment. Two units are leased. The building was constructed in 1915 and extends from one street to another, with side and rear yards, original details, and coin-operated laundry in the basement. Upper-level storage space may be considered for residential conversion, subject to zoning, permits, and required approvals.

The property is in Queen Village within the Meredith School Catchment. Nearby neighborhood destinations include South Street, Fabric Row, restaurants, cafes, independent shops, and parks. I-76 and I-95 provide connections beyond the city.

Key Highlights

  • Four legal residential units: three studios and one two‑bedroom apartment
  • Two units are currently leased
  • 2,952 square feet on a 0.0364‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,376
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,520 $1.0M
Cap Rate 7%
$719,657 $719.7K
Cap Rate 9%
$559,733 $559.7K
Market Conditions
NOI Build-Up for 2,952 SF
Gross rent
$76.2K $25.80/SF
− Vacancy
−$4.2K −$1.42/SF
EGI
$72.0K $24.38/SF
− OpEx
−$21.6K −$7.31/SF
NOI
$50.4K $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%
$1,007,520
Cap Rate 7%
$719,657
Cap Rate 9%
$559,733

Alternative Uses

Best Use
Multifamily LT 5
$719.7K
$629.7K – $839.6K (±1% cap)
NOI $50,376 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$663.3K
$580.4K – $773.9K (±1% cap)
NOI $46,434 @ 7.0% cap · market cap 5.63%
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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,605
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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 - The unit mix includes three studios and one two-bedroom apartment, with two residences currently leased.
Where is this quadplex located?
The property is located at 131 PEMBERTON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four legal residential units: three studios and one two‑bedroom apartment; Two units are currently leased; 2,952 square feet on a 0.0364‑acre lot
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