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    Newly Constructed Six-Unit Multifamily Title is generated by Realmo AI

    1230 N MARSHALL STREET, Philadelphia, PA 19122

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    For Sale
    $1,370,000

    CommercialSale - PHILADELPHIA, PA

    Lot size:
    0.04 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 21 at 9:06 pm

    Property Features for 1230 N MARSHALL STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3639

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Number of units
    1
    Architectural style
    Other

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    Listing Contact
    Philly Home Advisors

    Listing agent Philly Home Advisors

    Listing office BHHS Fox & Roach Center City-Society Hill 530 Walnut Street, Suite 480, PA

    Listing date Apr 21, 2026

    MLS# PAPH2611090 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Newly constructed 2024 six‑unit multifamily asset in Olde Kensington, fully occupied and built for modern, low‑maintenance living.
    • Unit mix: two studios, three 1‑bedroom units, and one 2‑bedroom 2‑bath unit, all with modern kitchens and updated bathrooms.
    • All units are separately metered with individual mechanical systems, plus in‑unit washer and dryer for tenant convenience.
    • Heating includes forced air and heat pump; cooling is central air throughout the building.
    • Original 10‑year tax abatement with approximately 8 years remaining helps reduce operating expenses.
    • In‑place metrics: 7.06% cap rate, 4.88% cash‑on‑cash, 1.21 DSCR, NOI of $96,697, and projected annual cash flow after debt of $16,725.

    Overview

    1230 N Marshall Street is a newly constructed, fully occupied six-unit multifamily property built in 2024. The boutique building features a unit mix of two studios, three one-bedroom units, and one two-bedroom, two-bath unit. The residences are designed with modern layouts and include modern kitchens and updated bathrooms. Each unit has an in-unit washer and dryer, and all units are separately metered with individual mechanical systems, supporting straightforward day-to-day management.

    The property is located in Olde Kensington, steps from Girard Avenue and moments from Fishtown and Northern Liberties. It provides access to transit via Girard Station on the Market-Frankford Line and is surrounded by multiple SEPTA bus routes along Girard Avenue, supporting convenient connectivity to Center City and beyond.

    For tenants and operators, the mix of studio through two-bedroom layouts can support a range of household types while maintaining a consistent, market-rate, private-pay profile, with no PHA-backed leases noted in the offering. The asset also benefits from original full ten-year tax abatement with approximately eight years remaining. Additionally, it is listed as being within a Qualified Opportunity Zone, and the offering includes one year of free property management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.147392
    Latitude
    39.971436

    FAQs

    What type of property is this?
    Apartment building - New 2024 six-unit, fully occupied property with separate meters and in-unit washer/dryer.
    Where is this apartment building located?
    The property is located at 1230 N MARSHALL STREET Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,370,000.
    What are key features of this property?
    This property features: Newly constructed 2024 six‑unit multifamily asset in Olde Kensington, fully occupied and built for modern, low‑maintenance living.; Unit mix: two studios, three 1‑bedroom units, and one 2‑bedroom 2‑bath unit, all with modern kitchens and updated bathrooms.; All units are separately metered with individual mechanical systems, plus in‑unit washer and dryer for tenant convenience.
    More about this property
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