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Four-Unit Building with Modern Amenities
For Sale
$1,030,000

1008 GREEN Street, Philadelphia, PA 19123

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size3,834 SF
Lot Size0.04 Acres
Price / SF$268.65
Days on Market115

Property Features for 1008 GREEN Street

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 3,834 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3772

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2017
Number of units 4
Building materials Masonry
Architectural style Other
Listing Agency: Realty Mark Associates - KOP
Listed By: LIN LIN DONG · License #RS345597
Added: Apr 8 Changed: Jun 9 Last Checked: Jul 31 at 11:06AM
MLS# PAPH2605394

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 is a well-maintained four-unit building, presenting a fantastic investment opportunity. Each unit features 2 bedrooms and 2 bathrooms, and includes an in-unit washer and dryer for convenience. Unit B has a private backyard, while Units C and D offer private balconies. A shared rooftop deck provides additional outdoor space for residents. The property is located in PHILADELPHIA, PA 19123. The property size is 3834 Square Feet and the lot size is 0.036 acres.

Key Highlights

  • Four‑unit building: Excellent investment opportunity.
  • Each unit has 2 bedrooms and 2 bathrooms.
  • In‑unit washer and dryer in every unit.

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 $98.9k $25.80
− Vacancy −$5.5k −$1.42
EGI $93.5k $24.38
− OpEx −$28.0k −$7.31
NOI $65.4k $17.06
3,834 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$934.7K
$817.8K – $1.09M (±1% cap)
NOI $65,427 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$861.5K
$753.8K – $1.01M (±1% cap)
NOI $60,307 @ 7.0% cap · market cap 5.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Tanning Salon Plumbing Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

5,285
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-unit building with private outdoor spaces and in-unit laundry.
Where is this quadplex located?
The property is located at 1008 GREEN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Four‑unit building: Excellent investment opportunity.; Each unit has 2 bedrooms and 2 bathrooms.; In‑unit washer and dryer in every unit.
More about this property
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