$324,900

( $126.17Per Sq Foot )

$1,744 est/mo Sourced by Back At You

Description

INVESTMENT OPPORTUNITY - LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATEHere's your chance to own a legal five-unit apartment building in one of Philadelphia's rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand.The building consists of:(3) One-bedroom units(2) Studio unitsThree of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%-and potential for increased returns with further updates or market rent adjustments.Highlights:Prime commuter location near major arteriesLegal 5-unit building Renovations already completed in majority of unitsStrong cap rate in a developing marketWhether you're looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.

Details

MLS #	PAPH2674170
Listing Type	For Sale
Sub-Type	Resale
Status	Active-bright
Year	1940
Days On Site	44
Listing Provided By	Re/Max One Realty \| Edward J. McDonald Jr.

Features

Story(s)	3
Units	5
Zoning	CMX2
Acreage	0.03

Interior

Cooling	None
Heating Yes / No	Yes
Heating	Baseboard - Electric

Exterior

Roof	Flat
Construction Materials	Masonry
Lot Features	Corner

Parking

Garage Yes / No	No

Taxes

Tax Annual Amount	4591

Area Information

State	PA
County	PHILADELPHIA PA
City	PHILADELPHIA
Zip Code	19140
Area	19140 (19140)
School District	THE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19140)
Price: $324,900 low \| high Med: $139,900 100% of Average On site: 44 low \| high Med: 46.5 94.623655913978% of Average

Sourced by Back At You

Market Activity 19140

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Oct 2026	Sales: 2	Avg $ Per SqFt: $59.39	Min Sale Price: $68,000	Max Sale Price: $88,000	Med Sale Price: $78,000
Date: Sep 2026	Sales: 6	Avg $ Per SqFt: $69.08	Min Sale Price: $80,000	Max Sale Price: $475,000	Med Sale Price: $111,500
Date: Aug 2026	Sales: 9	Avg $ Per SqFt: $96.16	Min Sale Price: $42,000	Max Sale Price: $260,000	Med Sale Price: $174,900
Date: Jul 2026	Sales: 10	Avg $ Per SqFt: $103.22	Min Sale Price: $42,500	Max Sale Price: $299,900	Med Sale Price: $111,500
Date: Jun 2026	Sales: 17	Avg $ Per SqFt: $112.34	Min Sale Price: $10,000	Max Sale Price: $395,000	Med Sale Price: $129,000
Date: May 2026	Sales: 23	Avg $ Per SqFt: $95.98	Min Sale Price: $26,000	Max Sale Price: $600,000	Med Sale Price: $115,000
Date: Apr 2026	Sales: 30	Avg $ Per SqFt: $130.72	Min Sale Price: $40,250	Max Sale Price: $700,000	Med Sale Price: $181,000
Date: Mar 2026	Sales: 32	Avg $ Per SqFt: $105.75	Min Sale Price: $50,000	Max Sale Price: $275,000	Med Sale Price: $135,000
Date: Feb 2026	Sales: 14	Avg $ Per SqFt: $101.33	Min Sale Price: $75,000	Max Sale Price: $335,000	Med Sale Price: $139,000
Date: Jan 2026	Sales: 38	Avg $ Per SqFt: $93.65	Min Sale Price: $9,999	Max Sale Price: $360,000	Med Sale Price: $103,750
Date: Dec 2025	Sales: 35	Avg $ Per SqFt: $71.65	Min Sale Price: $850	Max Sale Price: $327,500	Med Sale Price: $77,500
Date: Nov 2025	Sales: 31	Avg $ Per SqFt: $83.63	Min Sale Price: $1,050	Max Sale Price: $296,000	Med Sale Price: $95,000

Sourced by Back At You

Oct 2026
Sales:	2
Avg $ Per SqFt:	$59.39
Min Sale Price:	$68,000
Max Sale Price:	$88,000
Med Sale Price:	$78,000
Sep 2026
Sales:	6
Avg $ Per SqFt:	$69.08
Min Sale Price:	$80,000
Max Sale Price:	$475,000
Med Sale Price:	$111,500
Aug 2026
Sales:	9
Avg $ Per SqFt:	$96.16
Min Sale Price:	$42,000
Max Sale Price:	$260,000
Med Sale Price:	$174,900
Jul 2026
Sales:	10
Avg $ Per SqFt:	$103.22
Min Sale Price:	$42,500
Max Sale Price:	$299,900
Med Sale Price:	$111,500
Jun 2026
Sales:	17
Avg $ Per SqFt:	$112.34
Min Sale Price:	$10,000
Max Sale Price:	$395,000
Med Sale Price:	$129,000
May 2026
Sales:	23
Avg $ Per SqFt:	$95.98
Min Sale Price:	$26,000
Max Sale Price:	$600,000
Med Sale Price:	$115,000
Apr 2026
Sales:	30
Avg $ Per SqFt:	$130.72
Min Sale Price:	$40,250
Max Sale Price:	$700,000
Med Sale Price:	$181,000
Mar 2026
Sales:	32
Avg $ Per SqFt:	$105.75
Min Sale Price:	$50,000
Max Sale Price:	$275,000
Med Sale Price:	$135,000
Feb 2026
Sales:	14
Avg $ Per SqFt:	$101.33
Min Sale Price:	$75,000
Max Sale Price:	$335,000
Med Sale Price:	$139,000
Jan 2026
Sales:	38
Avg $ Per SqFt:	$93.65
Min Sale Price:	$9,999
Max Sale Price:	$360,000
Med Sale Price:	$103,750
Dec 2025
Sales:	35
Avg $ Per SqFt:	$71.65
Min Sale Price:	$850
Max Sale Price:	$327,500
Med Sale Price:	$77,500
Nov 2025
Sales:	31
Avg $ Per SqFt:	$83.63
Min Sale Price:	$1,050
Max Sale Price:	$296,000
Med Sale Price:	$95,000

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Contact

Learn More About This Property

Carrie Lager

Class Harlan Real Estate

RS336541 SRES (215) 480-5728 carrie@classharlan.com

State	PA
County	PHILADELPHIA PA
City	PHILADELPHIA
Zip Code	19140
Area	19140 (19140)
School District	THE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19140)
Price: $324,900 low \| high Med: $139,900 100% of Average On site: 44 low \| high Med: 46.5 94.623655913978% of Average

Sourced by Back At You

Nearby Listings (Within 1/10 mile)

Price: $243K - $406K

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$324,900 Philadelphia, PA 19140
	$269,900 3830 N 19th St Philadelphia, PA 19140

Listing Updated: November 3, 2026 at 12:00:22 AM PST