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Mixed-Use Property With Four Apartments
For Sale
$895,000

565 N 20TH STREET, Philadelphia, PA 19130

Ground-floor commercial space is vacant, with occupied apartments positioned above.

Property Size2,764 SF
Days on Market238

Property Features for 565 N 20TH STREET

General Information

Standard status Active
Size 2,764 SF
Property subtype Quadruplex

Additional Details

Floor Ground

Taxes and HOA fees

Annual Taxes $9,647

Building Details

Building Size 2,764 SF
Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: EXP Realty, LLC
Listed By: Anh Ngo
Source: Patmckennarealtors
Added: Feb 26 Changed: Oct 21 Last Checked: Oct 21 at 4:13AM

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 EXP Realty, LLC

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Investment Insights

Based on property information with market context.

This mixed-use property combines an open commercial area on the first floor with four residential apartments on the upper levels. The commercial space is currently vacant, while all four apartments are occupied. The building was constructed in 1920 and offers a combination of commercial and residential components within one property.

Key Highlights

  • Four residential apartments above a first‑floor commercial area
  • All four apartments are currently occupied
  • Open commercial space is vacant and available for a new tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,167
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,340 $943.3K
Cap Rate 7%
$673,814 $673.8K
Cap Rate 9%
$524,078 $524.1K
Market Conditions
NOI Build-Up for 2,764 SF
Gross rent
$71.3K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$67.4K $24.38/SF
− OpEx
−$20.2K −$7.31/SF
NOI
$47.2K $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%
$943,340
Cap Rate 7%
$673,814
Cap Rate 9%
$524,078

Alternative Uses

Best Use
Multifamily LT 5
$673.8K
$589.6K – $786.1K (±1% cap)
NOI $47,167 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.6K (±1% cap)
NOI $43,476 @ 7.0% cap · market cap 4.86%
Theoretical Best
—
—
same as Best Use
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

Quadplexes

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Home Appliance Store Carpet & Flooring Store Locksmith Veterinary Clinic

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,334
Businesses Nearby

Demographics for 19130, PA

31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
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 - Ground-floor commercial space is vacant, with occupied apartments positioned above.
Where is this mixed-use property located?
The property is located at 565 N 20TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Four residential apartments above a first‑floor commercial area; All four apartments are currently occupied; Open commercial space is vacant and available for a new tenant
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