Approved Multifamily Development
For Sale
$1,800,000
1950 E Logan St, Philadelphia, PA 19141
Approved plan for 111 apartments with off-street parking, including a mix of one-, two-, and one three-bedroom units.
Property Size36,080 SF
Price / SF$49.89
Days on Market88
Property Features for 1950 E Logan St
General Information
Standard status
Active
Size
36,080 SF
Additional Details
Multifamily Units
111
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Realty Mark Associates
(267) 808-6565
Listed By:
Larry R Levin · License #RS300451
Source:
Kandorre
Added: Jun 4
Changed: Aug 23
Last Checked: Aug 29 at 12:11PM
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 Realty Mark Associates
Investment Insights
Based on property information with market context.
This offering presents a development opportunity at 1950 E Logan St in Philadelphia, PA, with an approval for 111 apartments and off-street parking. The approved unit mix includes 71 one-bedroom apartments, 39 two-bedroom apartments, and 1 three-bedroom apartment. The total finishes square footage is listed as 85,384 SF, providing a defined scope for a multifamily project.
The site is described as being on the edge of the LaSalle U and Germantown neighborhoods. As presented, it is positioned to serve growing residential demand tied to those submarkets, with the development approval establishing a clear path toward construction.
For buyers and developers, the practical appeal here is the approved residential plan and parking component, which can help streamline early planning and feasibility work. The defined unit mix can also support a tenant-ready leasing strategy across one- and two-bedroom preferences, with a smaller allocation of three-bedroom units. Please contact us for additional details or to arrange a site tour.
The site is described as being on the edge of the LaSalle U and Germantown neighborhoods. As presented, it is positioned to serve growing residential demand tied to those submarkets, with the development approval establishing a clear path toward construction.
For buyers and developers, the practical appeal here is the approved residential plan and parking component, which can help streamline early planning and feasibility work. The defined unit mix can also support a tenant-ready leasing strategy across one- and two-bedroom preferences, with a smaller allocation of three-bedroom units. Please contact us for additional details or to arrange a site tour.
Key Highlights
- Approved plan for 111 apartments with off‑street parking
- Unit mix: 71 one‑bedroom units, 39 two‑bedroom units, and 1 three‑bedroom unit
- Total finishes square footage: 85,384 SF
Property Analytics
Property Profile
Current Use
Lease Details
111
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
Explore this area
Business Placement
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Approved plan for 111 apartments with off-street parking, including a mix of one-, two-, and one three-bedroom units.
Where is this apartment building located?
The property is located at 1950 E Logan St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approved plan for 111 apartments with off‑street parking; Unit mix: 71 one‑bedroom units, 39 two‑bedroom units, and 1 three‑bedroom unit; Total finishes square footage: 85,384 SF
