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Philadelphia Multifamily Investment Opportunity
For Sale
$198,000

910 South 58th Street, Philadelphia, PA 19143

Multifamily property in Philadelphia, ideal for investment.

Property Size1,408 SF
Price / SF$140.63
Days on Market246

Property Features for 910 South 58th Street

General Information

Standard status Active
Size 1,408 SF
Property subtype Multi-Family / Fee Simple

Building Details

Year Built 1920
Listing Agency: HomeSmart Nexus Realty Group - Blue Bell
Listed By: Donnell J Evans · License #rs337294
Source: Compass
Added: Nov 28, 2025 Changed: Jul 10 Last Checked: Jul 31 at 11:07AM

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 HomeSmart Nexus Realty Group - Blue Bell

Investment Insights

Based on property information with market context.

This multifamily property, located in Philadelphia, presents a potential investment opportunity. The property is situated within the 19143 MLS area and Philadelphia City School District. The property size is 1408 square feet.

Key Highlights

  • Great investment opportunity.
  • Located in MLS Area 19143.
  • Part of the PHILADELPHIA CITY School District.

Financial Insights For Apartment 5plus

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 $26.7k $18.96
− Vacancy −$2.0k −$1.44
EGI $24.7k $17.52
− OpEx −$11.1k −$7.88
NOI $13.6k $9.64
1,408 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$193.8K
$169.6K – $226.1K (±1% cap)
NOI $13,567 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.6K
$422.3K – $563.0K (±1% cap)
NOI $33,781 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Multifamily properties

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in Philadelphia, ideal for investment.
Where is this multifamily property located?
The property is located at 910 South 58th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Great investment opportunity.; Located in MLS Area 19143.; Part of the PHILADELPHIA CITY School District.
More about this property
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