Multifamily Residential Income
1008 Green Street Philadelphia, PA 19123
For Sale
$1,050,000
Residential income multifamily property offered for sale in Philadelphia, PA within the School District of Philadelphia.
Property Size3,834 SF
Price / SF$273.87
Days on Market331
Property Features for 1008 Green Street
General Information
Standard status
Active
Size
3,834 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
2017
Listing Agency:
Realty Mark Associates - KOP
(215) 834-8897
Listed By:
LIN LIN DONG · License #RS345597
(215) 834-8897
Source:
Compass
Added: Sep 1, 2025
Changed: Jul 23
Last Checked: Jul 27 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Mark Associates - KOP
Investment Insights
Based on property information with market context.
This for-sale multifamily residential income property is located at 1008 Green Street in Philadelphia, PA 19123. The offering is categorized as other multifamily property within the Philadelphia area.
The property falls under The School District of Philadelphia, as referenced by the listing agent. Additional building-specific details such as unit configuration, interior condition, or income details were not provided in the available information.
Interested parties can review the listing materials for further specifics regarding the property’s structure, layout, and any additional terms tied to the sale.
The property falls under The School District of Philadelphia, as referenced by the listing agent. Additional building-specific details such as unit configuration, interior condition, or income details were not provided in the available information.
Interested parties can review the listing materials for further specifics regarding the property’s structure, layout, and any additional terms tied to the sale.
Key Highlights
- Residential income multifamily property for sale in Philadelphia, PA
- Year built: 2017
- No pool
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 | $116.4k | $30.36 |
| − Vacancy | −$6.8k | −$1.76 |
| EGI | $109.6k | $28.60 |
| − OpEx | −$49.3k | −$12.87 |
| NOI | $60.3k | $15.73 |
3,834 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$861.5K
$753.8K – $1.01M
NOI $60,307 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$934.7K
$817.8K – $1.09M
NOI $65,427 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income multifamily property offered for sale in Philadelphia, PA within the School District of Philadelphia.
Where is this multifamily property located?
The property is located at 1008 Green Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Residential income multifamily property for sale in Philadelphia, PA; Year built: 2017; No pool
