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New Construction Multifamily Building
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Pending

2209 W Venango St, Philadelphia, PA 19140

New construction 12-unit multifamily property with studio, one-bedroom, and two-bedroom apartments, delivered with a Certificate of Occupancy.

Property SizeContact for details
Days on Market121

Property Features for 2209 W Venango St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 12
Listing Agency: Scope Investment Real Estate Services
Listed By: Phil Sharrow · License #PA RSR002048
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 8:49AM

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 Scope Investment Real Estate Services

Investment Insights

Based on property information with market context.

This new construction multifamily investment features 12 residential units, including two studio apartments, four one-bedroom apartments, and six two-bedroom apartments. Select units also include a den room. The offering is described as being delivered with the Certificate of Occupancy in place.

The property is located at 2209 W Venango Street in Philadelphia’s Nicetown-Tioga neighborhood, with convenient access to major transportation routes including West Hunting Park Avenue, North Broad Street, and Roosevelt Boulevard. SEPTA Allegheny station is less than half a mile away, supporting transportation to Center City and the Manayunk area. The remarks also cite proximity to Temple Hospital, approximately one mile away.

The property is offered with a 10-year tax abatement following its building, according to the provided information.

Key Highlights

  • New construction 12‑unit multifamily property with a Certificate of Occupancy delivered in place
  • Unit mix includes (2) studio apartments, (4) one‑bedroom apartments, and (6) two‑bedroom apartments
  • Select units include a den room for additional living space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Computer & Electronic Repair Acupuncture Home Appliance 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.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,233
Businesses Nearby

Demographics for 19140, PA

52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value

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 - New construction 12-unit multifamily property with studio, one-bedroom, and two-bedroom apartments, delivered with a Certificate of Occupancy.
Where is this apartment building located?
The property is located at 2209 W Venango St Philadelphia, PA.
What are key features of this property?
This property features: New construction 12‑unit multifamily property with a Certificate of Occupancy delivered in place; Unit mix includes (2) studio apartments, (4) one‑bedroom apartments, and (6) two‑bedroom apartments; Select units include a den room for additional living space
More about this property
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