Two-Story Medical Office
For Sale
$229,000
145 E LEHIGH Avenue, Philadelphia, PA 19125
Multi-Family, PHILADELPHIA, PA
Property Size1,440 SF
Lot Size0.02 Acres
Price / SF$159.03
Days on Market376
Property Features for 145 E LEHIGH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Interior features
Bathroom - Tub Shower
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,440 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
1310
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
backyard
Building Details
Year built
1935
Number of units
1
Building materials
Masonry
Listing Agency:
Keller Williams Real Estate-Blue Bell · Keller Williams Realty
(215) 646-2900
Listed By:
Sharyn Soliman · License #RS330729
(267) 625-7568
Added: Oct 15, 2025
Changed: Oct 8
Last Checked: Oct 25 at 1:06PM
MLS# PAPH2546902
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.
Configured across two floors, this 1,440-square-foot medical office includes a reception area, a private office with a checkout window, and additional rooms. The first floor also has a powder room and backyard access. Upstairs, the layout includes a full kitchen, a bathroom with a tub and shower, two rooms, and a hallway closet.
Masonry construction, central air conditioning, and forced-air heating serve the property. Built in 1935, the building occupies a 0.0229-acre lot.
Masonry construction, central air conditioning, and forced-air heating serve the property. Built in 1935, the building occupies a 0.0229-acre lot.
Key Highlights
- 1,440‑square‑foot medical office on a 0.0229‑acre lot
- Two‑floor layout with reception area, private office, and additional rooms
- Private office includes a checkout window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,950
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,000
$379.0K
Cap Rate 7%
$270,714
$270.7K
Cap Rate 9%
$210,556
$210.6K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$31.6K $21.96/SF
− Vacancy
−$6.4K −$4.41/SF
EGI
$25.3K $17.55/SF
− OpEx
−$6.3K −$4.39/SF
NOI
$18.9K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,000
Cap Rate 7%
$270,714
Cap Rate 9%
$210,556
Alternative Uses
Best Use
Office B
$270.7K
$236.9K – $315.8K
NOI $18,950 @ 7.0% cap · market cap 8.28%
Second Best
Healthcare Medical
$266.6K
$233.3K – $311.0K
NOI $18,662 @ 7.0% cap · market cap 8.15%
Theoretical Best
Multifamily LT 5
$351.0K
$307.2K – $409.6K
NOI $24,573 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,489
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Medical Office Space - The masonry building has central air conditioning and forced-air heat.
Where is this medical office space located?
The property is located at 145 E LEHIGH Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 1,440‑square‑foot medical office on a 0.0229‑acre lot; Two‑floor layout with reception area, private office, and additional rooms; Private office includes a checkout window
