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Mixed-Use Building with Barber Shop
For Sale
$375,000

5144 HAVERFORD Avenue, Philadelphia, PA 19139

Multi-Family, PHILADELPHIA, PA

Property Size1,804 SF
Lot Size0.03 Acres
Price / SF$207.87
Days on Market618

Property Features for 5144 HAVERFORD Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,804 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 1535

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1920
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Realty Mark Cityscape-Huntingdon Valley
Listed By: Elisavet Antonouli · License #RS346993
Added: Feb 12, 2025 Changed: Aug 19 Last Checked: Oct 23 at 4:06PM
MLS# PAPH2444958

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.

This 1,804-square-foot mixed-use property, built in 1920, combines a first-floor barber shop with a two-bedroom apartment. The commercial component is leased and the apartment is occupied on a month-to-month basis, creating two separate rental components within the building. Barber shop equipment is included in the sale. The property has masonry construction, forced-air heating, central air conditioning, a basement, and on-street parking.

Positioned along a high-traffic artery in Philadelphia, the building occupies a 0.0283-acre parcel at 5144 Haverford Avenue. The configuration supports a commercial storefront use together with residential occupancy, while the existing barber shop improvements remain in place.

Key Highlights

  • 1,804 square feet of mixed‑use building area on a 0.0283‑acre parcel
  • First‑floor barber shop with equipment included in the sale
  • Two‑bedroom apartment with month‑to‑month occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,785
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,700 $615.7K
Cap Rate 7%
$439,786 $439.8K
Cap Rate 9%
$342,056 $342.1K
Market Conditions
NOI Build-Up for 1,804 SF
Gross rent
$46.5K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$44.0K $24.38/SF
− OpEx
−$13.2K −$7.31/SF
NOI
$30.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,700
Cap Rate 7%
$439,786
Cap Rate 9%
$342,056

Alternative Uses

Best Use
Multifamily LT 5
$439.8K
$384.8K – $513.1K (±1% cap)
NOI $30,785 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$405.4K
$354.7K – $472.9K (±1% cap)
NOI $28,376 @ 7.0% cap · market cap 7.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Hair Thangs Barber Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Dental Office

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,869
Businesses Nearby

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
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 - Masonry property combines a leased commercial suite with a two-bedroom apartment and included shop equipment.
Where is this mixed-use property located?
The property is located at 5144 HAVERFORD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,804 square feet of mixed‑use building area on a 0.0283‑acre parcel; First‑floor barber shop with equipment included in the sale; Two‑bedroom apartment with month‑to‑month occupancy
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