Mixed-Use Property with Commercial
New
For Sale
$150,000
5027 OGDEN ST, Philadelphia, PA 19139
Includes an upper-level two-bedroom, one-bathroom residential unit.
Property Size1,080 SF
Price / SF$138.89
Days on Market4
Property Features for 5027 OGDEN ST
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Advantage Gold-Southampton
(215) 954-4414
Listed By:
Connery Koski · License #AB069215
(215) 954-4414
Source:
360
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 28 at 8:04AM
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 Century 21 Advantage Gold-Southampton
Investment Insights
Based on property information with market context.
This 1,080-square-foot mixed-use property combines a first-floor commercial unit with an upstairs residential apartment. The commercial space offers street-facing visibility and direct access, while the residential component includes two bedrooms and one bathroom. The configuration supports separate commercial and residential occupancy within the same building.
Located at 5027 Ogden St in Philadelphia’s West Philadelphia area, the property is positioned in the Mill Creek neighborhood. The building is offered strictly as-is. Any future conversion of the residential space would be subject to necessary approvals.
Located at 5027 Ogden St in Philadelphia’s West Philadelphia area, the property is positioned in the Mill Creek neighborhood. The building is offered strictly as-is. Any future conversion of the residential space would be subject to necessary approvals.
Key Highlights
- 1,080 SF mixed‑use property at 5027 Ogden St
- First‑floor commercial unit with street visibility and access
- Upstairs residential unit with 2 bedrooms and 1 bathroom
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
$12,830
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
8.55%
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%
$256,600
$256.6K
Cap Rate 7%
$183,286
$183.3K
Cap Rate 9%
$142,556
$142.6K
Market Conditions
NOI Build-Up for 1,080 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
$23.3K $21.60/SF
− Vacancy
−$2.8K −$2.59/SF
EGI
$20.5K $19.01/SF
− OpEx
−$7.7K −$7.13/SF
NOI
$12.8K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$256,600
Cap Rate 7%
$183,286
Cap Rate 9%
$142,556
Alternative Uses
Best Use
Apartment 5plus
$242.7K
$212.4K – $283.1K
NOI $16,988 @ 7.0% cap · market cap 11.33%
Second Best
Mixed Use
$183.3K
$160.4K – $213.8K
NOI $12,830 @ 7.0% cap · market cap 8.55%
Theoretical Best
Multifamily LT 5
$263.3K
$230.4K – $307.2K
NOI $18,430 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,613
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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?
Mixed-use property - Includes an upper-level two-bedroom, one-bathroom residential unit.
Where is this mixed-use property located?
The property is located at 5027 OGDEN ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,080 SF mixed‑use property at 5027 Ogden St; First‑floor commercial unit with street visibility and access; Upstairs residential unit with 2 bedrooms and 1 bathroom
