Four-Unit Mixed-Use
For Sale
$400,000
3750-52 PULASKI Avenue, Philadelphia, PA 19140
Multi-Family, PHILADELPHIA, PA
Property Size1,548 SF
Lot Size0.09 Acres
Price / SF$258.40
Days on Market67
Property Features for 3750-52 PULASKI Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On Street
Subdivision
NICETOWN
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
1,548 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
2005
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1930
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
HomeSmart Realty Advisors
(215) 604-1191
Listed By:
Leah Janine Burnett · License #RS345924
(215) 869-3130
Added: Jun 29
Changed: Aug 21
Last Checked: Sep 3 at 2:06AM
MLS# PAPH2642114
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.
Built in 1930, this 1,548-square-foot masonry property combines two ground-floor commercial units with two second-floor apartments. The residential layout includes one 1BR/1BA unit and one 2BR/1BA unit. All four spaces are occupied under long-term leases. The property sits on a 3,733-square-foot corner lot measuring 44' x 85' and is zoned RM-1.
Located at 3750-52 Pulaski Avenue in Philadelphia, the property is near SEPTA’s Wayne Junction Regional Rail station. On-street parking is available, with window-unit cooling and other heating. The building is offered as-is, and showings require an appointment with 48 hours’ notice due to current occupancy.
Located at 3750-52 Pulaski Avenue in Philadelphia, the property is near SEPTA’s Wayne Junction Regional Rail station. On-street parking is available, with window-unit cooling and other heating. The building is offered as-is, and showings require an appointment with 48 hours’ notice due to current occupancy.
Key Highlights
- Four‑unit mixed‑use configuration with two commercial and two residential spaces
- 1,548 square feet on a 3,733‑square‑foot corner lot
- Residential mix includes 1BR/1BA and 2BR/1BA apartments
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,416
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$528,320
$528.3K
Cap Rate 7%
$377,371
$377.4K
Cap Rate 9%
$293,511
$293.5K
Market Conditions
NOI Build-Up for 1,548 SF
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.
Gross rent
$39.9K $25.80/SF
− Vacancy
−$2.2K −$1.42/SF
EGI
$37.7K $24.38/SF
− OpEx
−$11.3K −$7.31/SF
NOI
$26.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$528,320
Cap Rate 7%
$377,371
Cap Rate 9%
$293,511
Alternative Uses
Best Use
Multifamily LT 5
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$347.8K
$304.4K – $405.8K
NOI $24,349 @ 7.0% cap · market cap 6.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-lot building with two commercial units and two residential apartments under occupancy.
Where is this mixed-use property located?
The property is located at 3750-52 PULASKI Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four‑unit mixed‑use configuration with two commercial and two residential spaces; 1,548 square feet on a 3,733‑square‑foot corner lot; Residential mix includes 1BR/1BA and 2BR/1BA apartments
