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    Five-Unit Multifamily Property Title is generated by Realmo AI

    3521 N 21ST Street, Philadelphia, PA 19140

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    For Sale
    $475,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,540 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $187/SF
    Added:
    Jun 12, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 3521 N 21ST Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    2,540 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3341

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Number of units
    4
    Building materials
    Masonry
    Architectural style
    Other

    We can help!

    Contact an agent
    Kevin M McGettigan

    Listing agent Kevin M McGettigan License #RS326539

    Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA

    Listing date Jun 12, 2026

    MLS# PAPH2634530 Listing URL

    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.

    HighLights

    • 5‑unit multifamily property built in 1930 in Philadelphia’s West Allegheny neighborhood
    • Unit mix includes three 1 bed/1 bath units and two studio units
    • Central heating and central air conditioning
    • Masonry construction with on‑street parking
    • Near Broad Street transit, Roosevelt Blvd, neighborhood retail, and key bus routes

    Overview

    This well-kept five-unit multifamily property offers practical rental layouts, including three one-bedroom, one-bath units and two studio units. The building is presented as a residential income asset with straightforward systems, and it notes the opportunity for light interior refreshes to support ongoing rental performance. The property totals 2,540 square feet of building area on a 0.04-acre lot.

    The address is 3521 N 21ST Street in Philadelphia, PA 19140. The remarks describe convenient access to Broad Street transit and Roosevelt Blvd, with neighborhood retail and key bus routes nearby.

    For buyers or operators seeking a manageable smaller income property, the unit mix provides a straightforward approach to leasing across studios and one-bedrooms. The offering is also described as available either as an individual purchase or as part of a three-property, 14-unit package, with additional details available upon request.

    Local 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 $77.1k $30.36
    − Vacancy −$4.5k −$1.76
    EGI $72.6k $28.60
    − OpEx −$32.7k −$12.87
    NOI $40.0k $15.73
    2,540 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $570.8K
    $499.4K – $665.9K (±1% cap)
    NOI $39,953 @ 7.0% cap · market cap 8.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $619.2K
    $541.8K – $722.4K (±1% cap)
    NOI $43,345 @ 7.0% cap · market cap 9.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1629
    Latitude
    40.00808

    FAQs

    What type of property is this?
    Apartment building - Well-kept five-unit building with three one-bedroom units and two studios, suited for long-term rental ownership.
    Where is this apartment building located?
    The property is located at 3521 N 21ST Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 5‑unit multifamily property built in 1930 in Philadelphia’s West Allegheny neighborhood; Unit mix includes three 1 bed/1 bath units and two studio units; Central heating and central air conditioning
    More about this property
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