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Low-Rise Apartment Building with Elevator
For Sale
$1,650,000

101 Carpenter Ln, Philadelphia, PA 19119

Eight three-bedroom, two-bath units with private balconies and an on-site elevator, plus garages and dedicated storage areas.

Property Size14,408 SF
Lot Size0.46 Acres
Price / SF$114.52
Days on Market182

Property Features for 101 Carpenter Ln

General Information

Standard status Active
Size 14,408 SF
Lot size 0.46 Acres

Additional Details

Multifamily Units 8

Building Details

Year Built 1925
Tenancy Multi
Listing Agency: Gardner Realty LLC
Listed By: Veonda L Gardner
Source: Southjerseyshorehomesfinder
Added: Apr 24 Changed: Oct 8 Last Checked: Oct 21 at 2:45AM

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 Gardner Realty LLC

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Investment Insights

Based on property information with market context.

This low-rise apartment building contains eight spacious three-bedroom, two-bath apartments. Units feature original flooring and doors, with fireplaces, large windows, and private balconies. The property is served by an elevator and includes dedicated storage areas and garages.

Set on a generous lot at 101 Carpenter Lane in Philadelphia, the building offers ample on-street parking for guests and residents. Public transportation and rail lines are less than a mile away, and the area includes nearby schools and universities, along with shopping, dining, and well-maintained parks within walking distance.

The property totals 14,408 square feet, and the building requires some TLC to reach its full potential. The lot size also supports consideration for future redevelopment or expansion, subject to applicable approvals.

Key Highlights

  • Eight‑unit low‑rise multifamily building with eight 3‑bedroom, 2‑bath apartments
  • 14,408 SF total building area on a 20,000 SF lot
  • Year built: 1925

Property Analytics

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Lease Details

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Demographics for 19119, PA

27,265
Population
13,909
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
8,019
Density / Sq Mi
$81,609
Median Household Income
$54,598
Median Earnings
$1,291
Median Rent
$326,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight three-bedroom, two-bath units with private balconies and an on-site elevator, plus garages and dedicated storage areas.
Where is this apartment building located?
The property is located at 101 Carpenter Ln Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Eight‑unit low‑rise multifamily building with eight 3‑bedroom, 2‑bath apartments; 14,408 SF total building area on a 20,000 SF lot; Year built: 1925
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