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Six-Unit Renovated Apartment Building
For Sale
Contact for pricing
Pending

1201-3 S 5th St, Philadelphia, PA 19147

Corner apartment property with updated interiors, in-unit laundry, stainless steel appliances, and basement storage potential.

Property SizeContact for details
Days on Market148

Property Features for 1201-3 S 5th St

General Information

Standard status Pending
Elevators No
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 6

Additional Details

Highway Access Yes

Amenities

washer/dryer in unit
stainless steel appliances
Listing Agency: BHHS Fox & Roach Center City-Society Hill
Listed By: Frank Defazio · License #PA RS299840
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 12:46AM

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 BHHS Fox & Roach Center City-Society Hill

Investment Insights

Based on property information with market context.

This six-unit apartment building occupies a double lot at a corner location and has undergone a complete renovation. The unit mix includes four two-bedroom, two-bath residences and two one-bedroom, one-bath residences. Interior improvements include hardwood flooring, granite countertops, stainless steel appliances, updated systems, and a washer and dryer in every unit.

Basement space offers the potential for private tenant storage, while an existing elevator shaft provides a possible path for future elevator installation. The property is located across from Jefferson Square and Sacks Playground, with access to Passyunk Square, the Italian Market, Queen Village, South Street, and Delaware Avenue shopping. Highway access is also available within minutes. The stated return is 6%.

Key Highlights

  • Six‑unit apartment building on a double lot at a corner location
  • Unit mix includes four 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • Complete renovation with hardwood flooring, granite countertops, stainless steel appliances, and updated systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nursing Home Electrical Service Coworking & Hybrid Office (Bike/Boat/Book/etc) Store Hotel & Motel

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

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,041
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner apartment property with updated interiors, in-unit laundry, stainless steel appliances, and basement storage potential.
Where is this apartment building located?
The property is located at 1201-3 S 5th St Philadelphia, PA.
What are key features of this property?
This property features: Six‑unit apartment building on a double lot at a corner location; Unit mix includes four 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; Complete renovation with hardwood flooring, granite countertops, stainless steel appliances, and updated systems
(215) 627-6005 Call to check price and availability
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