CMX-1 Mixed-Use Corner
For Sale
$269,900
4801 N 10TH Street, Philadelphia, PA 19141
Multi-Family, PHILADELPHIA, PA
Property Size1,410 SF
Lot Size0.03 Acres
Price / SF$191.42
Days on Market58
Property Features for 4801 N 10TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Kitchen - Eat-In
Subdivision
LOGAN
High school
OLNEY HIGH SCHOOL EAST
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,410 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1743
Utilities
Heating system
Forced Air
Amenities
full bathroom
wheelchair-accessible ramp and wide entry door
private yard
200-amp electrical service
full, dry basement
forced-air heating system
ductwork throughout the building
separate entrances
Building Details
Year built
1940
Number of units
2
Building materials
Stucco
Architectural style
Other
Listing Agency:
Keller Williams Real Estate Tri-County · Keller Williams Realty
(215) 464-8800
Listed By:
Rosario Khatri · License #Rs352119
(267) 897-8649
Added: Jun 30
Changed: Aug 20
Last Checked: Aug 26 at 3:06PM
MLS# PAPH2643036
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.
Located at 4801 N. 10th Street in Philadelphia, this 1,410-square-foot mixed-use property was built in 1940 and occupies a 0.0296-acre lot. CMX-1 zoning supports a range of commercial and mixed-use applications. The first floor contains a commercial area with tile flooring, barber-style lighting, dedicated electrical outlets, and a full bathroom. A four-bedroom apartment occupies the second floor, with its own entrance and an additional full bathroom.
Separate commercial and residential entrances support independent access between the two levels. Accessibility features include a wheelchair ramp and wide entry door. The building also offers a full dry basement, private yard, forced-air heat, stucco construction, and 200-amp electrical service. Utilities may be separated into two meters. Existing ductwork remains from a prior central air system, while parking is available on the street.
Separate commercial and residential entrances support independent access between the two levels. Accessibility features include a wheelchair ramp and wide entry door. The building also offers a full dry basement, private yard, forced-air heat, stucco construction, and 200-amp electrical service. Utilities may be separated into two meters. Existing ductwork remains from a prior central air system, while parking is available on the street.
Key Highlights
- 1,410‑square‑foot mixed‑use building on a 0.0296‑acre lot
- CMX‑1 zoning with commercial space on the first floor
- Second‑floor four‑bedroom apartment with separate entrance
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
$18,555
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
6.87%
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%
$371,100
$371.1K
Cap Rate 7%
$265,071
$265.1K
Cap Rate 9%
$206,167
$206.2K
Market Conditions
NOI Build-Up for 1,410 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
$31.0K $21.96/SF
− Vacancy
−$6.2K −$4.41/SF
EGI
$24.7K $17.55/SF
− OpEx
−$6.2K −$4.39/SF
NOI
$18.6K $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 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%
$371,100
Cap Rate 7%
$265,071
Cap Rate 9%
$206,167
Alternative Uses
Best Use
Office B
$265.1K
$231.9K – $309.3K
NOI $18,555 @ 7.0% cap · market cap 6.87%
Second Best
Mixed Use
$239.3K
$209.4K – $279.2K
NOI $16,751 @ 7.0% cap · market cap 6.21%
Theoretical Best
Multifamily LT 5
$343.7K
$300.8K – $401.0K
NOI $24,062 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,638
Businesses Nearby
Explore this area
Business Placement
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
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 - Two-level configuration combines a commercial storefront with a separately entered four-bedroom apartment and full basement storage.
Where is this mixed-use property located?
The property is located at 4801 N 10TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 1,410‑square‑foot mixed‑use building on a 0.0296‑acre lot; CMX‑1 zoning with commercial space on the first floor; Second‑floor four‑bedroom apartment with separate entrance
