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1230 N MARSHALL STREET, Philadelphia, PA, 19122
Newly Built Six-Unit Multifamily

1230 N MARSHALL STREET Philadelphia, PA 19122

For Sale
$1,370,000

MULTI_FAMILY - PHILADELPHIA, PA

Days on Market96

Property Features for 1230 N MARSHALL STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active

Building Details

Year built
2024
Listing Agency: BHHS Fox & Roach Center City-Society Hill
Listed By: Philly Home Advisors
Added: Apr 21 Changed: Jul 23 Last Checked: Jul 25 at 6:06AM
MLS# PAPH2611104

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.


Investment Insights

Based on property information with market context.

1230 N Marshall Street is a newly constructed, fully occupied six-unit multifamily property built in 2024. The unit mix includes two studio units, three one-bedroom units, and one two-bedroom, two-bathroom unit. Each unit features modern kitchens and updated bathrooms, along with an in-unit washer and dryer. Units are separately metered and equipped with individual mechanical systems, supporting streamlined day-to-day management.

The property is located in Olde Kensington near Girard Avenue, with access to Girard Station on the Market-Frankford Line and multiple SEPTA bus routes along Girard Avenue. It is described as moments from Fishtown and Northern Liberties.

The offering includes an original full ten-year tax abatement with approximately eight years remaining. The current asking price is $1,370,000, and the remarks cite a 7.08% cap rate, a 4.99% cash-on-cash return, and a DSCR of 1.21 based on in-place income (NOI of $97,049 and projected annual cash flow after debt of $17,077).

Key Highlights

  • Newly constructed 6‑unit multifamily property built in 2024 at 1230 N Marshall Street.
  • Currently fully occupied with in‑place market‑rate tenancy (no PHA‑backed leases).
  • Unit mix: two studio units, three 1‑bedroom units, and one 2‑bedroom, 2‑bath unit.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Auto Parts Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Plumbing Service Arcade & Gaming Center Clothing & Fashion Store

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

FAQs

What type of property is this?
Apartment building - Six-unit, built in 2024, fully occupied with studio, one- and two-bedroom units.
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 6‑unit multifamily property built in 2024 at 1230 N Marshall Street.; Currently fully occupied with in‑place market‑rate tenancy (no PHA‑backed leases).; Unit mix: two studio units, three 1‑bedroom units, and one 2‑bedroom, 2‑bath unit.
More about this property
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