Mixed-Use Building with Residential
For Sale
$375,000
5146 Haverford Avenue, Philadelphia, PA 19139
Two-story configuration combines street-level commercial space with a two-bedroom apartment.
Property Size1,804 SF
Price / SF$207.87
Days on Market564
Property Features for 5146 Haverford Avenue
General Information
Standard status
Active
Size
1,804 SF
Property subtype
Multi-Family
Zoning
CMX1
Financials
Asking Price
$375,000
Gross Income
$27,900
Taxes and HOA fees
Annual Taxes
$1,535
Amenities
Ceramic Tile,Carpet
Electric
Yes
Other
No
2
Some
Assessor
No Pool
The Seller owns the Barbershop equipment and includes in the sale price.
Public
S30
16.00 x 78.00
0.03
On Street
21940.00
Building Details
Building Size
1,804 SF
Year Built
1920
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Cummings & Co Realtors
(856) 222-0077
Listed By:
Ryan LeBon
Source:
Thetristaterealestategroup
Added: Feb 13, 2025
Changed: Aug 29
Last Checked: Aug 30 at 2:34PM
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 Cummings & Co Realtors
Investment Insights
Based on property information with market context.
This 1,804-square-foot mixed-use property contains a ground-floor commercial area and a second-floor two-bedroom residential unit. Built in 1920, the building is zoned CMX1 and combines business and residential space within one structure. The property information also identifies ceramic tile and carpet finishes, along with electric service.
Located at 5146 Haverford Avenue in Philadelphia, the building fronts a high-traffic two-lane arterial road. The configuration provides separate commercial and residential components, with the upper-level apartment arranged as a two-bedroom unit. On-street parking is available, and the property includes no pool.
Located at 5146 Haverford Avenue in Philadelphia, the building fronts a high-traffic two-lane arterial road. The configuration provides separate commercial and residential components, with the upper-level apartment arranged as a two-bedroom unit. On-street parking is available, and the property includes no pool.
Key Highlights
- 1,804‑square‑foot mixed‑use building
- Ground‑floor commercial space with second‑floor two‑bedroom residential unit
- CMX1 zoning
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
$28,376
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
7.57%
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%
$567,520
$567.5K
Cap Rate 7%
$405,371
$405.4K
Cap Rate 9%
$315,289
$315.3K
Market Conditions
NOI Build-Up for 1,804 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
$54.8K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$51.6K $28.60/SF
− OpEx
−$23.2K −$12.87/SF
NOI
$28.4K $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 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%
$567,520
Cap Rate 7%
$405,371
Cap Rate 9%
$315,289
Alternative Uses
Best Use
Apartment 5plus
$405.4K
$354.7K – $472.9K
NOI $28,376 @ 7.0% cap · market cap 7.57%
Second Best
Mixed Use
$306.2K
$267.9K – $357.2K
NOI $21,432 @ 7.0% cap · market cap 5.72%
Theoretical Best
Multifamily LT 5
$439.8K
$384.8K – $513.1K
NOI $30,785 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,869
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 38%
Groceries 16%
Apparel 7%
McDonald's
Dining
22,600 visits/mo
0.5 miles
McDonald's
Dining
22,065 visits/mo
0.4 miles
Save-A-Lot
Groceries
18,565 visits/mo
0.5 miles
Dollar General
Shops & Services
9,664 visits/mo
0.5 miles
AutoZone
Shops & Services
7,230 visits/mo
0.5 miles
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 Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story configuration combines street-level commercial space with a two-bedroom apartment.
Where is this mixed-use property located?
The property is located at 5146 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‑foot mixed‑use building; Ground‑floor commercial space with second‑floor two‑bedroom residential unit; CMX1 zoning
