Apartment Building With Corner
For Sale
$405,000
1201 S 19TH Street, Philadelphia, PA 19146
Multi-Family, PHILADELPHIA, PA
Property Size2,712 SF
Lot Size0.03 Acres
Price / SF$149.34
Days on Market238
Property Features for 1201 S 19TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Subdivision
POINT BREEZE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,712 SF
Lot size
0.03 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Annual Amount
5490
Utilities
Heating system
Hot Water(Heating), Baseboard
Building Details
Year built
1915
Number of units
4
Building materials
Masonry
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Howard J Casper · License #RS312106
(267) 934-7777
Added: Mar 11
Changed: Oct 24
Last Checked: Nov 3 at 5:06PM
MLS# PAPH2592990
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.
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Investment Insights
Based on property information with market context.
This 2,712-square-foot masonry property, built in 1915, combines five one-bedroom apartments with a corner store. The retail area could be reconfigured as an additional apartment, creating a potential six-unit residential layout. The interior requires total renovation. Existing building features include a basement and hot-water baseboard heating, while parking is available on the street.
The property is located within two blocks of stores and restaurants along Washington Avenue in Philadelphia’s 19146 ZIP code. Its 0.0266-acre lot supports a compact urban multifamily configuration with an active corner-facing commercial component.
The property is located within two blocks of stores and restaurants along Washington Avenue in Philadelphia’s 19146 ZIP code. Its 0.0266-acre lot supports a compact urban multifamily configuration with an active corner-facing commercial component.
Key Highlights
- Five 1BR apartments plus a corner store
- Corner store can be converted into a 6th apartment
- 2,712 SF masonry building on a 0.0266‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,652
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,040
$613.0K
Cap Rate 7%
$437,886
$437.9K
Cap Rate 9%
$340,578
$340.6K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$48.8K $18.00/SF
− Vacancy
−$5.0K −$1.85/SF
EGI
$43.8K $16.15/SF
− OpEx
−$13.1K −$4.84/SF
NOI
$30.7K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,040
Cap Rate 7%
$437,886
Cap Rate 9%
$340,578
Alternative Uses
Best Use
Apartment 5plus
$609.4K
$533.2K – $711.0K
NOI $42,658 @ 7.0% cap · market cap 10.53%
Second Best
Retail
$437.9K
$383.2K – $510.9K
NOI $30,652 @ 7.0% cap · market cap 7.57%
Theoretical Best
Multifamily LT 5
$661.1K
$578.5K – $771.3K
NOI $46,280 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,200
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Masonry multifamily property with five one-bedroom apartments, a street-level retail space, and renovation needs.
Where is this apartment building located?
The property is located at 1201 S 19TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Five 1BR apartments plus a corner store; Corner store can be converted into a 6th apartment; 2,712 SF masonry building on a 0.0266‑acre lot
