Straight-Through Residential Income
For Sale
$304,000
4817 N 11TH STREET, Philadelphia, PA 19141
The 1935 property includes natural-gas hot water and carries RSA5 zoning.
Property Size1,140 SF
Days on Market83
Property Features for 4817 N 11TH STREET
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Philadelphia
Taxes and HOA fees
Annual Taxes
$1,293
Building Details
Building Size
1,140 SF
Year Built
1935
Listing Agency:
Keller Williams Main Line
Listed By:
Edgardo Arquitola · License #RS331318
(267) 939-4705
Source:
Mainlinekw
Added: Aug 11
Changed: Oct 31
Last Checked: Oct 30 at 9:56PM
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 Keller Williams Main Line
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Investment Insights
Based on property information with market context.
Located at 4817 N 11th St in Philadelphia, this residential income property offers 1,140 square feet within a straight-through configuration. The building dates to 1935 and includes hot water supplied by natural gas. RSA5 zoning is in place, while exterior features include on-street access and the property’s straight-through design.
The property is situated in Philadelphia County, with Center City Philadelphia identified in the provided directions. Access details reference I-76 W, US-1 N/Roosevelt Expressway, N 9th Street, W Wyoming Avenue, and N 11th Street.
The property is situated in Philadelphia County, with Center City Philadelphia identified in the provided directions. Access details reference I-76 W, US-1 N/Roosevelt Expressway, N 9th Street, W Wyoming Avenue, and N 11th Street.
Key Highlights
- 1,140‑square‑foot residential income property
- RSA5 zoning
- Built in 1935
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,932
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,640
$358.6K
Cap Rate 7%
$256,171
$256.2K
Cap Rate 9%
$199,244
$199.2K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$34.6K $30.36/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$32.6K $28.60/SF
− OpEx
−$14.7K −$12.87/SF
NOI
$17.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,640
Cap Rate 7%
$256,171
Cap Rate 9%
$199,244
Alternative Uses
Best Use
Apartment 5plus
$256.2K
$224.2K – $298.9K
NOI $17,932 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$277.9K
$243.2K – $324.2K
NOI $19,454 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The 1935 property includes natural-gas hot water and carries RSA5 zoning.
Where is this residential income property located?
The property is located at 4817 N 11TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $304,000.
What are key features of this property?
This property features: 1,140‑square‑foot residential income property; RSA5 zoning; Built in 1935
