Real Estate Investing in Philadelphia, Pennsylvania (19146)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19146 (Philadelphia, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 13.2% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).
What’s happening in Philadelphia, PA (19146)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19146 Philadelphia
Meanwhile, ZIP 19146 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $399K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 19146 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Philadelphia have seen price recovery that 19146 has not matched. Philadelphia County data supports the view that the spread is structural rather than temporary.
Who lives in 19146 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. impressive returns are possible in 19146, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19146
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $321,067 | $1,960 | 4.4% | -0.3% | $321,067 |
| 2BR | $378,481 | $2,330 | 4.4% | +1.4% | $189,240 |
| 3BR | $348,115 | $2,790 | 5.8% | +1.0% | $116,038 |
| 4BR | $592,492 | $3,120 | 3.8% | +2.0% | $148,123 |
| 5BR | $534,951 | — | — | +2.4% | $106,990 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19146 Compare?
| Metric | 19146 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $399,150 | $260,324 | $278,018 |
| 5-Year CAGR | 1.1% | 1.2% | 6.3% |
| Avg Rent | $2,026 | $1,659 | - |
| Cap Rate | 4.0% | 5.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19146 (Philadelphia, PA). Anonymous, moderated, never written by AI.
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Property managers serving Philadelphia County
Manage rentals here? List your business →Atlas Property Management is a boutique team offering personal service for single-family rentals across Napa Valley, serving Napa, Yountville, St. Helena, Calistoga, Sonoma, American Canyon, Hiddenbro summary from their website
Citified Realty & Property Management provides management services for single-family, multi-family, and commercial units in Philadelphia, focusing on tenant satisfaction. summary from their website
Chapel Realty Property Management. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $399,150 |
| Monthly Rent | $2,026 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 5.1% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +1.1% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 Rent Trends
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +3.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19146
Population: 40,845
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 19146
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Anderson Add B Sch
Bache-Martin Sch
Blaine James G Sch
Bryant William C Sch
Hamilton Andrew Sch
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the median home value in Philadelphia, PA?
Typical homes in Philadelphia, PA go for around $399K. The 5-year CAGR of 0.0% even-keeled price movement.
How high is vacancy risk in Philadelphia, PA?
Vacancy risk in Philadelphia, PA is elevated. That supports consistent cash flow for typical rental holds.
How strong is tenant demand in Philadelphia, PA?
Philadelphia, PA draws a predictable base of working renters. Demand at the $2,026/mo rent level is reasonable for standard single-family and small multi rentals.
Can I house hack in Philadelphia, PA?
Philadelphia, PA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,026/mo rent level.
How do experienced investors play Philadelphia, PA?
The best-fit strategy in Philadelphia, PA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 19146 now. You don’t know where it ranks.
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How 19146 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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