1420 Locust St #R4, Philadelphia, PA 19102
For sale apartment unit within an existing multifamily building setup in central Philadelphia.
- Added:
- Mar 16, 2026
- Days on Market:
- 98
- Last Refresh:
- Jun 20 at 4:45 am
Property Features for 1420 Locust St #R4
General Information
- Standard status
- Active
- Size
- 2,142 SF
Building Details
- Year Built
- 1977
Listing agent Allan Domb License #RB043135A (215) 545-1500
Listing office Allan Domb Real Estate (215) 545-1500
Listing date Mar 16, 2026
Source Evrealestate
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 Allan Domb Real Estate
HighLights
- Apartment unit for sale within an existing multifamily building in central Philadelphia
- Building was built in 1977
- Directions: Enter through the Academy House arcade at 1420 Locust Street
- County/Parish: Philadelphia
Overview
Access is provided through the Academy House arcade at 1420 Locust Street. The listing is in Philadelphia County/Parish.
As a unit within a multifamily building, this may fit buyers looking for residential income exposure through a specific apartment unit rather than a standalone building. The available information focuses on the unit location and building context, so prospective buyers should plan to review unit-specific details such as layout, condition, and any building policies that may apply. For sale terms are provided in the listing dataset, and buyers can coordinate directly to confirm the full offering parameters for unit R4.
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 | $65.0k | $30.36 |
| − Vacancy | −$3.8k | −$1.76 |
| EGI | $61.3k | $28.60 |
| − OpEx | −$27.6k | −$12.87 |
| NOI | $33.7k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.165832
- Latitude
- 39.947929
