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Renovated Four-Unit Masonry Quadplex
For Sale
$320,000

644 N 52ND Street, Philadelphia, PA 19131

Multi-Family, PHILADELPHIA, PA

Property Size1,846 SF
Lot Size0.03 Acres
Price / SF$173.35
Days on Market51

Property Features for 644 N 52ND Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,846 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 3824

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1925
Number of units 1
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 2 Changed: Oct 16 Last Checked: Oct 22 at 1:06AM
MLS# PAPH2663972

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 1,846-square-foot masonry quadplex at 644 N. 52nd Street contains four separately arranged residences. The unit mix includes a basement-level one-bedroom with one bathroom and a private entrance, a rear first-floor one-bedroom with one bathroom, a front first-floor studio with one bathroom, and a second-level two-bedroom with one bathroom. Renovated interiors feature updated flooring, contemporary kitchens, and updated bathrooms.

All four units are occupied under signed leases. Building systems include hot-water heating and central air conditioning, while parking is available on the street. Constructed in 1925, the property occupies a 0.0307-acre lot in Philadelphia, Pennsylvania 19131.

Key Highlights

  • Four residential units with all units occupied under signed leases
  • 1,846 square feet on a 0.0307‑acre lot
  • Unit mix includes one studio, two 1‑bedroom units, and one 2‑bedroom unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,037
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,740 $580.7K
Cap Rate 7%
$414,814 $414.8K
Cap Rate 9%
$322,633 $322.6K
Market Conditions
NOI Build-Up for 1,846 SF
Gross rent
$56.0K $30.36/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$52.8K $28.60/SF
− OpEx
−$23.8K −$12.87/SF
NOI
$29.0K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,740
Cap Rate 7%
$414,814
Cap Rate 9%
$322,633

Alternative Uses

Best Use
Multifamily LT 5
$450.0K
$393.8K – $525.0K (±1% cap)
NOI $31,502 @ 7.0% cap · market cap 9.84%
Second Best
Apartment 5plus
$414.8K
$363.0K – $484.0K (±1% cap)
NOI $29,037 @ 7.0% cap · market cap 9.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,327
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
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?
Quadplex - Fully leased four-unit property with updated kitchens, bathrooms, flooring, and separate residential layouts.
Where is this quadplex located?
The property is located at 644 N 52ND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Four residential units with all units occupied under signed leases; 1,846 square feet on a 0.0307‑acre lot; Unit mix includes one studio, two 1‑bedroom units, and one 2‑bedroom unit
More about this property
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