Mixed-Use Building with
4824 N BROAD Street, Philadelphia, PA 19141
For Sale
$550,000
Multi-Family, PHILADELPHIA, PA
Property Size3,024 SF
Lot Size0.04 Acres
Price / SF$181.88
Days on Market50
Property Features for 4824 N BROAD Street
General Information
Property type
Property subtype
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Prime Realty Partners
(856) 210-3000
Listed By:
Alban Hoxha · License PA RS356556
(267) 385-1905
Added: Sep 24
Changed: Sep 25
Last Checked: Nov 12 at 6:06PM
MLS# PAPH2674040
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 4824 N Broad Street, this three-story masonry property contains a ground-floor storefront and two apartments. The storefront is occupied by a barbershop and measures about 1,000 square feet. Each apartment has two bedrooms and one bathroom, with about 1,000 square feet per unit. The building totals 3,024 square feet on a 16 x 107-foot lot and is zoned CMX-2.5.
Renovations were completed in 2012 under city permits. Building features include separate meters, a fire alarm system, and updated plumbing. Heating is forced air, cooling is provided by wall units, and parking is on street. The property has frontage on North Broad Street, with Broad Street Line access nearby. The adjoining property at 4822 N Broad Street is available separately or in combination with this building.
Renovations were completed in 2012 under city permits. Building features include separate meters, a fire alarm system, and updated plumbing. Heating is forced air, cooling is provided by wall units, and parking is on street. The property has frontage on North Broad Street, with Broad Street Line access nearby. The adjoining property at 4822 N Broad Street is available separately or in combination with this building.
Key Highlights
- Three‑story masonry building with a ground‑floor storefront and two apartments
- Both apartments have 2 bedrooms, 1 bath, and about 1,000 sq ft each
- Storefront is about 1,000 sq ft and occupied by a barbershop
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
NOI $47,566 @ 7.0% cap · market cap 8.65%
Second Best
Mixed Use
$513.2K
$449.1K – $598.8K
NOI $35,925 @ 7.0% cap · market cap 6.53%
Theoretical Best
Multifamily LT 5
$737.2K
$645.1K – $860.1K
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
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
$143,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The three-story property combines a leased barbershop with two leased apartments above.
Where is this mixed-use property located?
The property is located at 4824 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: Three‑story masonry building with a ground‑floor storefront and two apartments; Both apartments have 2 bedrooms, 1 bath, and about 1,000 sq ft each; Storefront is about 1,000 sq ft and occupied by a barbershop
