Mixed-Use Building with Retail and
For Sale
$895,000
565 N 20TH Street, Philadelphia, PA 19130
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,764 SF
Lot Size0.03 Acres
Price / SF$323.81
Days on Market155
Property Features for 565 N 20TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,764 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
9647
Utilities
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Window Unit(s), Central Air
Building Details
Year built
1920
Number of units
4
Building materials
Masonry
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Anh Ngo
(610) 715-4803
Added: Feb 26
Changed: Jul 13
Last Checked: Jul 31 at 6:06AM
MLS# PAPH2586034
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.
Investment Insights
Based on property information with market context.
This mixed-use property includes a first-floor commercial space that is currently open and vacant, with four residential apartments located upstairs. All four apartments are currently occupied, providing existing rental income.
The building is situated in the Art Museum/Fairmount area of Philadelphia, PA. The lot size is approximately 0.0292 acres, and the property totals 2,764 square feet.
According to the listing, cosmetic upgrades to the apartments may be available to help increase value and rental performance. The commercial space is ready for a new tenant, with the current open layout offering flexibility for retail or office uses.
The building is situated in the Art Museum/Fairmount area of Philadelphia, PA. The lot size is approximately 0.0292 acres, and the property totals 2,764 square feet.
According to the listing, cosmetic upgrades to the apartments may be available to help increase value and rental performance. The commercial space is ready for a new tenant, with the current open layout offering flexibility for retail or office uses.
Key Highlights
- Mixed‑use building with commercial space on the first floor and four residential apartments upstairs
- All four apartments are currently occupied and generating rental income
- Commercial space is currently vacant/open space and ready for a new tenant
Financial Insights For Multifamily LT 5
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 | $71.3k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $67.4k | $24.38 |
| − OpEx | −$20.2k | −$7.31 |
| NOI | $47.2k | $17.06 |
2,764 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$673.8K
$589.6K – $786.1K
NOI $47,167 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.6K
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.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,334
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - First-floor commercial space sits vacant within a building that also has four occupied upstairs apartments.
Where is this quadplex 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: Mixed‑use building with commercial space on the first floor and four residential apartments upstairs; All four apartments are currently occupied and generating rental income; Commercial space is currently vacant/open space and ready for a new tenant
