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Mixed-Use Building with Retail Storefront
For Sale
$550,000

4822 N BROAD Street, Philadelphia, PA 19141

Multi-Family, PHILADELPHIA, PA

Property Size3,024 SF
Lot Size0.04 Acres
Price / SF$181.88
Days on Market26

Property Features for 4822 N BROAD Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 3,024 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2878

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)

Building Details

Year built 1930
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: Prime Realty Partners
Listed By: Alban Hoxha · License #RS356556
Added: Sep 24 Changed: Sep 25 Last Checked: Oct 19 at 10:06PM
MLS# PAPH2674052

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.

At 4822 N Broad Street, this three-story masonry property combines a ground-level retail storefront with two apartments on the upper floors. Each apartment has two bedrooms and one bathroom and measures approximately 1,000 square feet; the storefront is also approximately 1,000 square feet. The building totals 3,024 square feet on a 16 x 107-foot lot and is zoned CMX-2.5. The stucco façade and first-floor roof were replaced in 2012 under city permits. All three spaces are leased.

The property fronts North Broad Street, with Broad Street Line access nearby. The neighboring building at 4824 N Broad Street is offered separately or in combination with this property.

Key Highlights

  • 3,024‑square‑foot, three‑story masonry building
  • Ground‑floor storefront plus two apartments, each with 2 bedrooms and 1 bath
  • Each apartment and the storefront measures about 1,000 sq ft

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,566
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,320 $951.3K
Cap Rate 7%
$679,514 $679.5K
Cap Rate 9%
$528,511 $528.5K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$91.8K $30.36/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$86.5K $28.60/SF
− OpEx
−$38.9K −$12.87/SF
NOI
$47.6K $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%
$951,320
Cap Rate 7%
$679,514
Cap Rate 9%
$528,511

Alternative Uses

Best Use
Apartment 5plus
$679.5K
$594.6K – $792.8K (±1% cap)
NOI $47,566 @ 7.0% cap · market cap 8.65%
Second Best
Mixed Use
$513.2K
$449.1K – $598.8K (±1% cap)
NOI $35,925 @ 7.0% cap · market cap 6.53%
Theoretical Best
Multifamily LT 5
$737.2K
$645.1K – $860.1K (±1% cap)
NOI $51,604 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Tat's Hair Club Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The three-level property pairs ground-floor commercial space with two apartments, all currently leased.
Where is this mixed-use property located?
The property is located at 4822 N BROAD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,024‑square‑foot, three‑story masonry building; Ground‑floor storefront plus two apartments, each with 2 bedrooms and 1 bath; Each apartment and the storefront measures about 1,000 sq ft
More about this property
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