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18-Unit Apartment Building
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1937 Grant Ave, Philadelphia, PA 19115

18-unit multifamily property with 16 one-bedrooms, two two-bedrooms, and an on-site laundry room.

Property SizeContact for details
Days on Market125

Property Features for 1937 Grant Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Road Access Yes
Multifamily Units 18

Amenities

laundry room

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Philadelphia
Listed By: Clarke Talone · License #DE RS-0019808
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:16AM

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 Marcus & Millichap - Philadelphia

Investment Insights

Based on property information with market context.

Grant Terrace is an 18-unit apartment building comprising 16 one-bedroom units and two two-bedroom units, along with a laundry room. The property is described as being kept in very good condition, supported by the owner’s attention to detail over 20 years of ownership. Utility responsibilities are allocated with the owner handling hot water, common area electric, and water and sewer, while tenants are responsible for heat and electric.

The building is located in Philadelphia’s Northeast Section in the Bustleton neighborhood, directly on Grant Avenue. According to the information provided, the address offers easy access to nearby stores and restaurants, as well as the Bridesburg and Tacony SEPTA stations, which provide access toward Center City Philadelphia.

Key Highlights

  • 18‑unit apartment building in Philadelphia’s Northeast section, with 16 one‑bedroom units and 2 two‑bedroom units
  • On‑site laundry room for residents
  • Owner pays hot water, common area electric, and water and sewer; tenants pay heat and electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Nursing Home Veterinary Clinic Law Firm

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

18
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,642
Businesses Nearby

Demographics for 19115, PA

35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
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 - 18-unit multifamily property with 16 one-bedrooms, two two-bedrooms, and an on-site laundry room.
Where is this apartment building located?
The property is located at 1937 Grant Ave Philadelphia, PA.
What are key features of this property?
This property features: 18‑unit apartment building in Philadelphia’s Northeast section, with 16 one‑bedroom units and 2 two‑bedroom units; On‑site laundry room for residents; Owner pays hot water, common area electric, and water and sewer; tenants pay heat and electric
(215) 531-7041 Call to check price and availability
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