Mixed-Use Quadplex with
5402-5404 W Girard Avenue Philadelphia, PA 19131
5402-5404 W Girard Avenue, Philadelphia, PA, 19131
$269,900
For Sale
$269,900
Two side-by-side 4-unit buildings feature ground-floor medical offices and upstairs apartment units.
Property Size1,650 SF
Price / SF$163.58
Days on Market268
Property Features for 5402-5404 W Girard Avenue
General Information
- Standard status
- Active
- Size
- 1,650 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1920
Listing agency
JBMP Group
(856) 222-0077
Listed by
Francis Brennan
Source
Thetristaterealestategroup
Added: Oct 28, 2025 Updated: Jul 21 at 7:02PM Checked: Jul 22 at 2:59AM
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 JBMP Group
Investment Insights
Based on property information with market context.
This package deal includes two similar, side-by-side properties at 5402–5404 W Girard Avenue, each with a 4-unit setup. The bottom units on each parcel were previously used as doctor’s office space for 30 years, while the upstairs units are configured as apartments.
The properties are offered for sale together as a single package. With a mixed configuration of office space below and residential units above, the buildings provide a straightforward live/work-style layout within each parcel.
Schedule a tour to review the current condition and unit layouts and determine how the office and apartment spaces fit your plans.
The properties are offered for sale together as a single package. With a mixed configuration of office space below and residential units above, the buildings provide a straightforward live/work-style layout within each parcel.
Schedule a tour to review the current condition and unit layouts and determine how the office and apartment spaces fit your plans.
Key Highlights
- Package deal: two side‑by‑side properties at 5402‑5404 W Girard, each with a 4‑unit setup
- Ground‑floor units were previously used as doctors' offices for 30 years
- Upstairs units are set up as apartments
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.2k | $21.96 |
| − Vacancy | −$7.3k | −$4.41 |
| EGI | $29.0k | $17.55 |
| − OpEx | −$7.2k | −$4.39 |
| NOI | $21.7k | $13.16 |
1,650 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Multifamily LT 5
$402.2K
$352.0K – $469.3K
NOI $28,157 @ 7.0% cap · market cap 10.43%
Second Best
Apartment 5plus
$370.8K
$324.4K – $432.6K
NOI $25,954 @ 7.0% cap · market cap 9.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two side-by-side 4-unit buildings feature ground-floor medical offices and upstairs apartment units.
Where is this quadplex located?
The property is located at 5402-5404 W Girard Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Package deal: two side‑by‑side properties at 5402‑5404 W Girard, each with a 4‑unit setup; Ground‑floor units were previously used as doctors' offices for 30 years; Upstairs units are set up as apartments
