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Mixed-Use Building with Retail Space
For Sale
$895,000

565 N 20TH Street, Philadelphia, PA 19130

Multi-Family, PHILADELPHIA, PA

Property Size2,764 SF
Lot Size0.03 Acres
Price / SF$323.81
Days on Market246

Property Features for 565 N 20TH Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
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

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

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
Buildings 1
Listing Agency: EXP Realty, LLC
Listed By: Anh Ngo
Added: Feb 26 Changed: Oct 25 Last Checked: Oct 30 at 9:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

At 565 N 20th Street, this 2,764-square-foot mixed-use property combines a ground-floor commercial space with four apartments above. The commercial area is vacant, while all four residential units are occupied. The building dates to 1920 and has masonry construction, baseboard and hot-water heating, and central air and window-unit cooling.

The property is in Philadelphia’s Art Museum/Fairmount area. Its residential and commercial components bring distinct uses together in one building.

Key Highlights

  • 2,764‑square‑foot mixed‑use property
  • Four occupied apartments above a vacant commercial space
  • Built in 1920 with masonry construction

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

4
Residential units
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 - Four occupied apartments are located above an available ground-floor commercial space.
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: 2,764‑square‑foot mixed‑use property; Four occupied apartments above a vacant commercial space; Built in 1920 with masonry construction
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