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Multi-Unit Property Near Temple University
For Sale
$500,000

1611-15 W SUSQUEHANNA AVE, Philadelphia, PA 19121

Investment opportunity: commercial space and six residential units near Temple.

Property Size6,399 SF
Price / SF$78.14
Days on Market172

Property Features for 1611-15 W SUSQUEHANNA AVE

General Information

Standard status Active
Size 6,399 SF
Property subtype Multi-Family
Listing Agency: TCS Management, LLC
Listed By: Alex C Prince · License #RS322309
Source: Palmerharned
Added: Mar 27 Changed: Sep 13 Last Checked: Sep 13 at 12:01PM

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 property, offered as part of a multi-property portfolio, presents an investment opportunity near Temple University. The building at 1611-15 W Susquehanna features a currently rented commercial space, six residential units, and a basement. The building contains the following units: 1611 W. Susquehanna Ave. 1, a 700 SF 2 BR 1 BA unit that is currently vacant; 1611 W. Susquehanna Ave. 2, a 700 SF 2 BR 1 BA unit that is occupied; 1615 W. Susquehanna Ave. 1, a 550 SF 1 BR 1 BA unit that is vacant; 1615 W. Susquehanna Ave. 2, an 800 SF 2 BR 1 BA unit that is vacant; 1615 W. Susquehanna Ave. 3, a 550 SF 1 BR 1 BA unit that is vacant; and 1615 W. Susquehanna Ave. 4, an 800 SF 2 BR 1 BA unit that is vacant. The listings are strategically located to attract students, faculty, and professionals. This property offers flexibility for rental income, redevelopment, or resale. With strong rental demand, close proximity to Temple University, and easy access to public transportation, this is an opportunity to invest in Philadelphia’s rental market.

Key Highlights

  • Prime investment opportunity near Temple University, offering strong rental demand.
  • Part of a multi‑property portfolio, providing flexibility for rental income, redevelopment, or resale.
  • Includes a currently rented commercial space and six residential units, generating income.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Accounting Firm (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.

Location Intelligence

Trade Area within ½ mile

2,059
Businesses Nearby

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

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

What type of property is this?
Apartment building - Investment opportunity: commercial space and six residential units near Temple.
Where is this apartment building located?
The property is located at 1611-15 W SUSQUEHANNA AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime investment opportunity near Temple University, offering strong rental demand.; Part of a multi‑property portfolio, providing flexibility for rental income, redevelopment, or resale.; Includes a currently rented commercial space and six residential units, generating income.
More about this property
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