Four-Unit Quadplex with Finished
For Sale
$570,000
5710 ASHLAND AVENUE, Philadelphia, PA 19143
The apartment mix combines three two-bedroom residences with one one-bedroom residence.
Property Size2,620 SF
Price / SF$217.56
Days on Market8
Property Features for 5710 ASHLAND AVENUE
General Information
Standard status
Active
Size
2,620 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Southwest Philadelphia
Units
Unit Mix
3 x 2BR, 1 x 1BR
Multifamily Units
4
Additional Details
Gross Income
$72,000
Building Details
Year Built
1920
Listing Agency:
Trinity Property Advisors
(302) 858-0159
Listed By:
Taison DeVore · License #RS330459
(215) 678-4254
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 28 at 7:53AM
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 Trinity Property Advisors
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Investment Insights
Based on property information with market context.
This 2,620-square-foot quadplex contains four apartments: three with two bedrooms and one with a single bedroom. A finished basement adds to the building’s existing interior space. The property was built in 1920 and is located at 5710 Ashland Avenue in Philadelphia.
Key Highlights
- Four apartments: three two‑bedroom units and one one‑bedroom unit
- 2,620 square feet of building area
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,382
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,640
$567.6K
Cap Rate 7%
$405,457
$405.5K
Cap Rate 9%
$315,356
$315.4K
Market Conditions
NOI Build-Up for 2,620 SF
Gross rent
$43.7K $16.68/SF
− Vacancy
−$3.2K −$1.20/SF
EGI
$40.5K $15.48/SF
− OpEx
−$12.2K −$4.64/SF
NOI
$28.4K $10.83/SF
Area
ZIP 19143
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%
$567,640
Cap Rate 7%
$405,457
Cap Rate 9%
$315,356
Alternative Uses
Best Use
Multifamily LT 5
$405.5K
$354.8K – $473.0K
NOI $28,382 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$360.6K
$315.6K – $420.8K
NOI $25,245 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$898.0K
$785.8K – $1.05M
NOI $62,860 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
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Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The apartment mix combines three two-bedroom residences with one one-bedroom residence.
Where is this quadplex located?
The property is located at 5710 ASHLAND AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Four apartments: three two‑bedroom units and one one‑bedroom unit; 2,620 square feet of building area; Finished basement
