Four-Unit Apartment
New
For Sale
$749,900
4654 UMBRIA ST, Philadelphia, PA 19127
Fully occupied multifamily property with separate utilities, rear decks, and off-street parking for three units.
Property Size2,880 SF
Price / SF$260.38
Days on Market4
Property Features for 4654 UMBRIA ST
General Information
Standard status
Active
Size
2,880 SF
Total Parking Spaces
6
Property subtype
Multi-family
Occupancy
100%
Units
Unit Mix
3 x one bedroom, 1 x efficiency
Multifamily Units
4
Amenities
rear decks
Building Details
Buildings
1
Listing Agency:
Realty Broker Direct
Listed By:
Dennis McGuinn
(610) 828-1616
Source:
Lakehomesbyliz
Added: Aug 30
Changed: Aug 31
Last Checked: Sep 2 at 3:58AM
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 Realty Broker Direct
Investment Insights
Based on property information with market context.
This four-unit apartment property at 4654 Umbria St includes three one-bedroom apartments and one efficiency unit. Each one-bedroom unit features a rear deck and two off-street parking spaces. The building has a distinctive antique-style facade and no pharmacy or storefront use.
All units are occupied by tenants with multi-year terms, supported by a stated long-term rental history. Utilities are separately metered, while the landlord pays for hot and cold water. The property has been held by the same offering ownership for 40 years and is located in Philadelphia’s Manayunk area.
All units are occupied by tenants with multi-year terms, supported by a stated long-term rental history. Utilities are separately metered, while the landlord pays for hot and cold water. The property has been held by the same offering ownership for 40 years and is located in Philadelphia’s Manayunk area.
Key Highlights
- Four‑unit apartment building with three one‑bedroom units and one efficiency
- Fully occupied by tenants with multi‑year terms
- Three one‑bedroom units each include a rear deck
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
$49,147
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
6.55%
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%
$982,940
$982.9K
Cap Rate 7%
$702,100
$702.1K
Cap Rate 9%
$546,078
$546.1K
Market Conditions
NOI Build-Up for 2,880 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
$74.3K $25.80/SF
− Vacancy
−$4.1K −$1.42/SF
EGI
$70.2K $24.38/SF
− OpEx
−$21.1K −$7.31/SF
NOI
$49.1K $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%
$982,940
Cap Rate 7%
$702,100
Cap Rate 9%
$546,078
Alternative Uses
Best Use
Multifamily LT 5
$702.1K
$614.3K – $819.1K
NOI $49,147 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$647.2K
$566.3K – $755.0K
NOI $45,301 @ 7.0% cap · market cap 6.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
937
Businesses Nearby
Explore this area
Business Placement
Demographics for 19127, PA
6,929
Population
3,496
Households
2
Avg Household Size
29
Median Age
77%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
11,548
Density / Sq Mi
$99,792
Median Household Income
$73,061
Median Earnings
$1,765
Median Rent
$298,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied multifamily property with separate utilities, rear decks, and off-street parking for three units.
Where is this quadplex located?
The property is located at 4654 UMBRIA ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Four‑unit apartment building with three one‑bedroom units and one efficiency; Fully occupied by tenants with multi‑year terms; Three one‑bedroom units each include a rear deck
