Five-Unit Apartment Building with Expansion
New
For Sale
$335,000
3637 N 19TH Street, Philadelphia, PA 19140
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,800 SF
Lot Size0.03 Acres
Price / SF$186.11
Days on Market2
Property Features for 3637 N 19TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,800 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1909
Utilities
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Ductless
Building Details
Year built
1930
Number of units
4
Building materials
Masonry
Architectural style
Other
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Crystal De Stouet · License #RS331442
(610) 520-0100
Added: Jul 31
Last Checked: Aug 1 at 8:06AM
MLS# PAPH2654622
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.
Five-unit apartment building on a masonry structure, built in 1930, with potential to expand to a sixth unit. The property has been fully updated with tenant-focused finishes, including hardwood flooring, contemporary kitchens and bathrooms, and stainless steel appliance packages. Ductless heating and cooling systems are included for year-round comfort.
Utilities are handled with separate metering for residents’ electric and gas, while the owner covers water and sewer. Parking is available via on-street parking. The building is situated in the Temple University neighborhood, with convenient access to Temple University, SEPTA bus and rail lines, major highways, and nearby restaurants and retail shopping.
At a compact site size of 0.0331 acres and 1,800 square feet, the property is positioned as a straightforward, modernized multifamily option for tenants drawn to the area’s schools, transit, and daily amenities.
Utilities are handled with separate metering for residents’ electric and gas, while the owner covers water and sewer. Parking is available via on-street parking. The building is situated in the Temple University neighborhood, with convenient access to Temple University, SEPTA bus and rail lines, major highways, and nearby restaurants and retail shopping.
At a compact site size of 0.0331 acres and 1,800 square feet, the property is positioned as a straightforward, modernized multifamily option for tenants drawn to the area’s schools, transit, and daily amenities.
Key Highlights
- Five‑unit apartment building with potential to expand to a sixth unit
- 0.0331‑acre site; 1,800 square feet
- Masonry construction; built in 1930
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 | $54.6k | $30.36 |
| − Vacancy | −$3.2k | −$1.76 |
| EGI | $51.5k | $28.60 |
| − OpEx | −$23.2k | −$12.87 |
| NOI | $28.3k | $15.73 |
1,800 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$438.8K
$384.0K – $512.0K
NOI $30,717 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully updated five-unit apartment building with separately metered utilities and ductless heating and cooling.
Where is this apartment building located?
The property is located at 3637 N 19TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Five‑unit apartment building with potential to expand to a sixth unit; 0.0331‑acre site; 1,800 square feet; Masonry construction; built in 1930