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Masonry Quadplex With Garage
For Sale
$234,900

1550 RUAN Street, Philadelphia, PA 19124

Multi-Family, PHILADELPHIA, PA

Property Size2,053 SF
Lot Size0.07 Acres
Price / SF$114.42
Days on Market97

Property Features for 1550 RUAN Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Subdivision FRANKFORD
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,053 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 3016

Utilities

Heating system Hot Water(Heating), Baseboard

Building Details

Year built 1940
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Access · RE/MAX International
Listed By: Steven Osiecki · License #RM420757
Added: Jun 22 Changed: Sep 13 Last Checked: Sep 26 at 9:06PM
MLS# PAPH2639768

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 2,053-square-foot masonry property, built in 1940, contains four residential units, although the building is zoned for three. Two units are occupied and two are vacant. A separate garage is also rented, adding another income-producing component. The property includes a basement, hot-water and baseboard heating, and on-street parking.

Utilities are not separately metered; occupants contribute toward oil, water, and electricity. The property occupies 0.0657 acres at 1550 Ruan Street in Philadelphia, Pennsylvania, within ZIP Code 19124. Its compact site, existing residential configuration, and garage provide a defined multifamily layout for review by purchasers evaluating the current occupancy and zoning status.

Key Highlights

  • Four residential units in a 2,053‑square‑foot masonry building
  • Zoned for 3 units
  • Two occupied units and two vacant units

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,762
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit income property with two vacant units and a rented garage.
Where is this quadplex located?
The property is located at 1550 RUAN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Four residential units in a 2,053‑square‑foot masonry building; Zoned for 3 units; Two occupied units and two vacant units
More about this property
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