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Four-Unit Residential Income Property
For Sale
$575,000

1212 N 7Th Street, Philadelphia, PA 19122

Well-maintained four-unit multifamily with one vacant bi-level 2-bedroom unit and coin-operated laundry on the second floor.

Property Size3,420 SF
Price / SF$168.13
Days on Market193

Property Features for 1212 N 7Th Street

General Information

Standard status Active
Size 3,420 SF
Property subtype Multi-Family
Zoning RM1

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $9,924

Amenities

coin-operated laundry room
Electric
Yes
Natural Gas
No
Assessor
No Pool
Public
N50
25.00 x 85.00
0.05
On Street
Brick/Mortar
141800.00

Building Details

Building Size 3,420 SF
Year Built 1915
Stories 3
Listing Agency: Bennett Realty Solutions
Listed By: Francis Brennan
Source: Thetristaterealestategroup
Added: Mar 5 Changed: Sep 14 Last Checked: Sep 14 at 7:00AM

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 Bennett Realty Solutions

Investment Insights

Based on property information with market context.

This well-maintained four-unit multifamily building includes a unit mix of a first-floor studio with a lofted sleeping area, a bi-level 2-bedroom unit spanning the first and second floors with direct backyard access from the kitchen (currently vacant), a second-floor front 1-bedroom unit, and a bi-level 2-bedroom unit spanning the second and third floors. A coin-operated laundry room with washer and dryer is located on the second floor.

Three of the four units are tenant occupied with leases in place, providing near-term rental stability. The property is listed for sale and also offers an owner-occupant option given the first-floor bi-level unit is currently vacant.

For prospective buyers, the vacant unit presents an opportunity to occupy or reposition that portion of the building while maintaining income from the remaining leased units.

Key Highlights

  • Well‑maintained 4‑unit multi‑family built in 1915 with one bi‑level 2‑bedroom unit currently vacant
  • Unit mix includes a first‑floor studio with lofted sleeping area, two bi‑level 2‑bedroom units, and one second‑floor 1‑bedroom
  • First‑floor bi‑level rear 2‑bedroom unit (1st and 2nd floors) offers direct backyard access from the kitchen and is vacant

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

18,959
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
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

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

What type of property is this?
Quadplex - Well-maintained four-unit multifamily with one vacant bi-level 2-bedroom unit and coin-operated laundry on the second floor.
Where is this quadplex located?
The property is located at 1212 N 7Th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit multi‑family built in 1915 with one bi‑level 2‑bedroom unit currently vacant; Unit mix includes a first‑floor studio with lofted sleeping area, two bi‑level 2‑bedroom units, and one second‑floor 1‑bedroom; First‑floor bi‑level rear 2‑bedroom unit (1st and 2nd floors) offers direct backyard access from the kitchen and is vacant
More about this property
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