Four-Unit Multifamily
For Sale
$249,000
1216 N 55TH STREET, Philadelphia, PA 19131
RM-1 zoning and individual electric meters provide a clearly separated utility arrangement for this Philadelphia property.
Property Size1,629 SF
Price / SF$152.85
Days on Market19
Property Features for 1216 N 55TH STREET
General Information
Standard status
Active
Size
1,629 SF
Property subtype
Quadruplex
Zoning
RM-1
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1915
Listing Agency:
TCS Management, LLC
(215) 383-1439
Listed By:
Moshe Adika · License #2333829
(267) 210-3080
Source:
Cummingsrealtors
Added: Aug 18
Changed: Sep 4
Last Checked: Sep 4 at 6:04AM
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 TCS Management, LLC
Investment Insights
Based on property information with market context.
This legal four-unit property in Philadelphia provides a multifamily configuration with separately metered utilities. Public listing information specifically confirms individual electric meters, offering distinct utility accounting across the units. The property carries RM-1 zoning and was built in 1915.
Located at 1216 N 55TH STREET in West Philadelphia’s Carroll Park neighborhood, the property provides access to the broader University City area and public transportation. Its four-unit layout, established construction date, zoning designation, and separate electric metering define the core physical and operational characteristics of the asset.
Located at 1216 N 55TH STREET in West Philadelphia’s Carroll Park neighborhood, the property provides access to the broader University City area and public transportation. Its four-unit layout, established construction date, zoning designation, and separate electric metering define the core physical and operational characteristics of the asset.
Key Highlights
- Legal 4‑unit multifamily property
- RM‑1 zoning
- Separate electric meters confirmed
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,496
Businesses Nearby
Explore this area
Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - RM-1 zoning and individual electric meters provide a clearly separated utility arrangement for this Philadelphia property.
Where is this quadplex located?
The property is located at 1216 N 55TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Legal 4‑unit multifamily property; RM‑1 zoning; Separate electric meters confirmed
