1305 N 15TH Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 15 at 1:06 pm
Property Features for 1305 N 15TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,033 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5324
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Erin M. Thompson License #AB068517 (610) 724-5702
Listing office Keller Williams Real Estate-Montgomeryville 601 Bethlehem Pike unit: 100, Montgomeryville, PA (215) 631-1900
Listing date Jun 12, 2026
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.
HighLights
- 5‑unit building updated throughout and fully rented
- Unit mix includes studios, 1‑bedroom units, and a 2‑bedroom unit
- Monthly rents: $950 (studio), $1,050 (studio w/ loft), $1,250 (1 bed), $1,400 (1 bed), $1,500 (2 bed)
- Laundry income reported at $40–$50 per month
- 1915 masonry building with forced air heat and central air
- On‑street parking
Overview
The property is located at 1305 N 15TH Street in Philadelphia, PA 19121. Lot size is listed at 0.0395 acres, and the total building size is approximately 3,033 square feet.
For buyers seeking a small residential income property, the unit mix provides flexibility for tenant types ranging from studios to a two-bedroom apartment. The offering includes the current rent amounts for each unit per the provided remarks, with all five units described as fully rented at the time of listing. Please note that specific lease terms and operating expense details are not provided in the supplied information.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.1k | $30.36 |
| − Vacancy | −$5.3k | −$1.76 |
| EGI | $86.7k | $28.60 |
| − OpEx | −$39.0k | −$12.87 |
| NOI | $47.7k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.16045
- Latitude
- 39.97358
