Philadelphia Multifamily Investment
1236 E SANGER Street Philadelphia, PA 19124
For Sale
$238,500
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,392 SF
Lot Size0.03 Acres
Price / SF$171.34
Days on Market103
Property Features for 1236 E SANGER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage - Attached
- Standard status
- Active
- Size
- 1,392 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2672
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1940
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Derrick Ly
(347) 553-5541
Added: Apr 13
Changed: Jun 9
Last Checked: Jul 24 at 7:06PM
MLS# PAPH2607560
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.
Investment Insights
Based on property information with market context.
This well-maintained multi-family property in Philadelphia, PA, presents a strong investment opportunity. The property, with a size of 1392 square feet and a lot size of 0.0346 acres, offers income potential suitable for both experienced and new investors, whether for fix & flip or buy & hold strategies. Each unit features spacious layouts and ample natural light. The property's separate utilities contribute to efficient management and tenant satisfaction. Its location near Roosevelt Boulevard ensures high rental demand and long-term value. This property is located at 1236 E SANGER Street, PHILADELPHIA, PA 19124.
Key Highlights
- Strong income potential as a multi‑family property.
- Well‑maintained with spacious layouts and ample natural light in each unit.
- Separate utilities for each unit, simplifying management.
Financial Insights For Multifamily LT 5
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 | $27.6k | $19.80 |
| − Vacancy | −$1.9k | −$1.39 |
| EGI | $25.6k | $18.41 |
| − OpEx | −$7.7k | −$5.52 |
| NOI | $17.9k | $12.89 |
1,392 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.2K
$224.2K – $299.0K
NOI $17,937 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$235.8K
$206.3K – $275.1K
NOI $16,504 @ 7.0% cap · market cap 6.92%
Theoretical Best
Specialty Retail
$800.7K
$700.6K – $934.2K
NOI $56,049 @ 7.0% cap · market cap 23.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained multifamily property near Roosevelt Boulevard with strong income potential.
Where is this duplex located?
The property is located at 1236 E SANGER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $238,500.
What are key features of this property?
This property features: Strong income potential as a multi‑family property.; Well‑maintained with **spacious layouts and ample natural light** in each unit.; Separate utilities for each unit, simplifying management.
