7-Unit Apartment
For Sale
$1,400,000
1234 N 30TH Street, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property Size5,631 SF
Price / SF$248.62
Days on Market278
Property Features for 1234 N 30TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
5,631 SF
Taxes and HOA fees
Tax Annual Amount
20271
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
backyard access
Building Details
Year built
2014
Number of units
4
Architectural style
Contemporary
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Guillermo Salas III · License #AB067011
(484) 429-6025
Added: Jan 20
Changed: Oct 8
Last Checked: Oct 25 at 5:06AM
MLS# PAPH2573514
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 5,631-square-foot apartment building, completed in 2014, contains seven residences: six two-bedroom, two-bathroom units and one three-bedroom, two-bathroom unit. Each unit is occupied under a lease. The building has a condominium legal configuration while operating as a rental property. Several residences have backyard access. Forced-air heat and central air serve the building, and parking is on street.
The property is on N 30th Street in Philadelphia’s Brewerytown neighborhood. Center City, major universities, public transportation, and local retail and dining are described as minutes away.
The property is on N 30th Street in Philadelphia’s Brewerytown neighborhood. Center City, major universities, public transportation, and local retail and dining are described as minutes away.
Key Highlights
- Seven leased units: six with 2 bedrooms and 2 bathrooms; one with 3 bedrooms and 2 bathrooms
- 5,631 square feet; built in 2014
- Condominium legal configuration with an existing rental operation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,573
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,771,460
$1.8M
Cap Rate 7%
$1,265,329
$1.3M
Cap Rate 9%
$984,144
$984.1K
Market Conditions
NOI Build-Up for 5,631 SF
Gross rent
$171.0K $30.36/SF
− Vacancy
−$9.9K −$1.76/SF
EGI
$161.0K $28.60/SF
− OpEx
−$72.5K −$12.87/SF
NOI
$88.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,771,460
Cap Rate 7%
$1,265,329
Cap Rate 9%
$984,144
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,573 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $96,092 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
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 - The property combines an occupied rental operation with a condominium legal structure.
Where is this apartment building located?
The property is located at 1234 N 30TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Seven leased units: six with 2 bedrooms and 2 bathrooms; one with 3 bedrooms and 2 bathrooms; 5,631 square feet; built in 2014; Condominium legal configuration with an existing rental operation
