Mixed-Use Building with
4084 HIGBEE Street, Philadelphia, PA 19135
For Sale
$300,000
Multi-Family, PHILADELPHIA, PA
Property Size1,552 SF
Lot Size0.02 Acres
Price / SF$193.30
Days on Market10
Property Features for 4084 HIGBEE Street
General Information
Property type
Property subtype
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
HomeSmart Realty Advisors
(215) 604-1191
Listed By:
Asha Anderson · License PA RS369871
(856) 361-8903
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 14 at 1:06AM
MLS# PAPH2688310
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 renovated masonry mixed-use property contains 1,552 square feet. The ground-floor commercial unit is occupied by a hair salon, while the upper floor has a two-bedroom, one-bathroom apartment. Central air is installed, and parking is on street.
Built in 1940, the property sits on a 0.0246-acre lot at 4084 Higbee Street in Philadelphia.
Built in 1940, the property sits on a 0.0246-acre lot at 4084 Higbee Street in Philadelphia.
Key Highlights
- 1,552‑square‑foot mixed‑use property on a 0.0246‑acre lot
- Ground‑floor commercial unit occupied by a hair salon
- Upper‑level apartment has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,438
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,760
$368.8K
Cap Rate 7%
$263,400
$263.4K
Cap Rate 9%
$204,867
$204.9K
Market Conditions
NOI Build-Up for 1,552 SF
Gross rent
$33.5K $21.60/SF
− Vacancy
−$4.0K −$2.59/SF
EGI
$29.5K $19.01/SF
− OpEx
−$11.1K −$7.13/SF
NOI
$18.4K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,760
Cap Rate 7%
$263,400
Cap Rate 9%
$204,867
Alternative Uses
Best Use
Mixed Use
$263.4K
$230.5K – $307.3K
NOI $18,438 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$250.6K
$219.3K – $292.4K
NOI $17,541 @ 7.0% cap · market cap 5.85%
Theoretical Best
Multifamily LT 5
$378.4K
$331.1K – $441.4K
NOI $26,485 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
88k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 20%
Electronics 8%
Apparel 4%
Burger King
Dining
17,539 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,060 visits/mo
0.5 miles
Family Dollar
Shops & Services
11,092 visits/mo
0.5 miles
AutoZone
Shops & Services
8,434 visits/mo
0.2 miles
Speedway
Shops & Services
7,444 visits/mo
0.5 miles
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - The commercial space is occupied by a hair salon, with a two-bedroom apartment on the upper level.
Where is this mixed-use property located?
The property is located at 4084 HIGBEE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,552‑square‑foot mixed‑use property on a 0.0246‑acre lot; Ground‑floor commercial unit occupied by a hair salon; Upper‑level apartment has 2 bedrooms and 1 bathroom
