Philadelphia Mixed-Use Investment
3128 F Street Philadelphia, PA 19134
For Sale
$214,999
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,120 SF
Lot Size0.02 Acres
Price / SF$191.96
Days on Market129
Property Features for 3128 F Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Standard status
Active
Size
1,120 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
746
Utilities
Heating system
Other (Heating)
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Aldo Torres
(267) 575-1325
Added: Mar 24
Changed: Jun 9
Last Checked: Jul 30 at 6:06AM
MLS# PAPH2599206
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.
Investment Insights
Based on property information with market context.
This mixed-use property in Philadelphia presents a versatile investment opportunity. Zoned RM1, the property features a combination of residential and commercial spaces. The first floor offers a fully renovated commercial space suitable for a small business, office, or retail use. The second floor contains a renovated 2-bedroom, 1-bath apartment, currently vacant and available for immediate occupancy or leasing at market rent. The property is suited for investors seeking returns and owner-occupants looking to operate a business while residing on-site. The property offers separate spaces and updated finishes throughout. The building size is 1120 square feet and the lot size is 0.0189 acres. The property is conveniently located with access to major roads, public transportation, and neighborhood amenities.
Key Highlights
- RM1 zoning allows for versatile residential and commercial use, maximizing investment potential.
- Fully renovated first‑floor commercial space is ready for immediate use as a business, office, or retail space.
- Renovated 2‑bedroom, 1‑bath upstairs apartment is vacant and ready for immediate occupancy or leasing.
Financial Insights For Multifamily LT 5
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 | $28.9k | $25.80 |
| − Vacancy | −$1.6k | −$1.42 |
| EGI | $27.3k | $24.38 |
| − OpEx | −$8.2k | −$7.31 |
| NOI | $19.1k | $17.06 |
1,120 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.0K
$238.9K – $318.6K
NOI $19,113 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$251.7K
$220.2K – $293.6K
NOI $17,617 @ 7.0% cap · market cap 8.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated duplex with commercial space and residential unit.
Where is this mixed-use property located?
The property is located at 3128 F Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $214,999.
What are key features of this property?
This property features: RM1 zoning allows for versatile residential and commercial use, maximizing investment potential.; Fully renovated first‑floor commercial space is ready for immediate use as a business, office, or retail space.; Renovated 2‑bedroom, 1‑bath upstairs apartment is vacant and ready for immediate occupancy or leasing.
