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Mixed-Use Property with Retail
For Sale
$275,000

5702 N 5TH, Philadelphia, PA 19120

Multi-Family, PHILADELPHIA, PA

Property Size1,802 SF
Lot Size0.04 Acres
Price / SF$152.61
Days on Market47

Property Features for 5702 N 5TH

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,802 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2592

Utilities

Heating system Radiant

Building Details

Year built 1945
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Main Line - West Chester · RE/MAX International
Listed By: Thomas Toole III · License #RS228901
Added: Sep 9 Changed: Oct 6 Last Checked: Oct 25 at 9:06PM
MLS# PAPH2665948

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.

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Investment Insights

Based on property information with market context.

This 1802-square-foot masonry property combines commercial and residential components across three levels. The ground floor includes a retail-oriented storefront with street-level exposure, a rear breezeway, and additional first-floor space. A two-bedroom, one-bath apartment occupies the second floor, while the third floor contains a one-bedroom, one-bath apartment. The property is offered in as-is condition.

Located at 5702 N 5TH in Philadelphia, the building sits along an established North Philadelphia commercial corridor with public transportation, shopping, restaurants, and everyday amenities nearby. Radiant heating, on-street parking, a 0.041-acre lot, and a 1945 construction date round out the physical profile. Mixed-use zoning supports the property’s combined commercial and residential format.

Key Highlights

  • 1802 square feet across commercial and residential space
  • Ground‑floor storefront with street‑level exposure and additional first‑floor space
  • 2‑bedroom, 1‑bath apartment on the second floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,521
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,420 $390.4K
Cap Rate 7%
$278,871 $278.9K
Cap Rate 9%
$216,900 $216.9K
Market Conditions
NOI Build-Up for 1,802 SF
Gross rent
$30.1K $16.68/SF
− Vacancy
−$2.2K −$1.20/SF
EGI
$27.9K $15.48/SF
− OpEx
−$8.4K −$4.64/SF
NOI
$19.5K $10.83/SF
Area
ZIP 19120
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,420
Cap Rate 7%
$278,871
Cap Rate 9%
$216,900

Alternative Uses

Best Use
Multifamily LT 5
$278.9K
$244.0K – $325.4K (±1% cap)
NOI $19,521 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$248.0K
$217.0K – $289.4K (±1% cap)
NOI $17,363 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$430.5K
$376.7K – $502.2K (±1% cap)
NOI $30,132 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Adele Clothing and Costumes Clothing Store A-Help Inc HVAC Service

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Building Supply Parking Lot & Garage

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

1,555
Businesses Nearby

Demographics for 19120, PA

66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
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 - Three-level configuration combines a street-facing commercial area with two apartments and additional first-floor space.
Where is this mixed-use property located?
The property is located at 5702 N 5TH Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1802 square feet across commercial and residential space; Ground‑floor storefront with street‑level exposure and additional first‑floor space; 2‑bedroom, 1‑bath apartment on the second floor
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