North Philadelphia Investment
810 W ROOSEVELT Boulevard Philadelphia, PA 19140
For Sale
$400,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,872 SF
Lot Size0.08 Acres
Price / SF$213.68
Days on Market136
Property Features for 810 W ROOSEVELT Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,872 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
1401
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s), Wall Unit(s)
Building Details
Year built
1930
Number of units
1
Building materials
Masonry, Brick
Architectural style
Other
Listing Agency:
Keller Williams Realty
(856) 321-1212
Listed By:
Ronald W Halbruner Jr. · License #RS341208
(609) 602-5762
Added: Mar 16
Changed: Jul 13
Last Checked: Jul 29 at 1:06PM
MLS# PAPH2585024
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.
Located in North Philadelphia, this four-unit property offers an opportunity for investors and contractors. The property is situated in a neighborhood with a history of active rental use and ongoing reinvestment. This property is being sold strictly as-is and has a total size of 1872 square feet on a lot of 0.0831 acres. The property is located in Philadelphia, Pennsylvania.
Key Highlights
- 4‑unit rental property in North Philadelphia
- Built in 1930
- Construction materials include masonry and brick
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 | $48.3k | $25.80 |
| − Vacancy | −$2.7k | −$1.42 |
| EGI | $45.6k | $24.38 |
| − OpEx | −$13.7k | −$7.31 |
| NOI | $31.9k | $17.06 |
1,872 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$456.4K
$399.3K – $532.4K
NOI $31,945 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$420.7K
$368.1K – $490.8K
NOI $29,446 @ 7.0% cap · market cap 7.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property in active rental market, sold as-is.
Where is this quadplex located?
The property is located at 810 W ROOSEVELT Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 4‑unit rental property in North Philadelphia; Built in 1930; Construction materials include masonry and brick
