Two-Bedroom Residence with Ten-Foot
For Sale
$357,000
1310 N 18TH STREET Unit 1, Philadelphia, PA 19121
Built in 2018, this two-bedroom, two-bath residence features soaring ten-foot ceilings and a finished lower level with in-unit laundry.
Property Size1,820 SF
Days on Market73
Property Features for 1310 N 18TH STREET Unit 1
General Information
Standard status
Active
Size
1,820 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
washer and dryer in unit
Building Details
Building Size
1,820 SF
Year Built
2018
Listing Agency:
Keller Williams Main Line
(267) 992-4685
Listed By:
Erik J Lee · License #RS328302
(267) 992-4685
Source:
Patmckennarealtors
Added: May 24
Changed: Jul 30
Last Checked: Aug 3 at 11:13AM
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 Keller Williams Main Line
Investment Insights
Based on property information with market context.
Set within a two-unit building, Unit 1 offers a bright, open main level designed for everyday living and entertaining. The main floor spans from the patio door to the primary bedroom with soaring ten-foot ceilings, creating a wide, airy feel. The home includes two bedrooms and two bathrooms, with an additional full bedroom and bath completing the upper level. A finished lower level adds a private second bedroom and bath, plus a large entertainment room originally designed with film projection.
Built in 2018 and occupied in 2019, the residence includes modern finishes throughout and a washer and dryer in unit. It is located just north of Girard Avenue, with easy access to other parts of North Philadelphia and Fairmount.
The unit also includes several years remaining on its city tax abatement, which may be an important consideration for the next owner.
Built in 2018 and occupied in 2019, the residence includes modern finishes throughout and a washer and dryer in unit. It is located just north of Girard Avenue, with easy access to other parts of North Philadelphia and Fairmount.
The unit also includes several years remaining on its city tax abatement, which may be an important consideration for the next owner.
Key Highlights
- Built in 2018 and occupied in 2019 within a two‑unit building
- Main level spans from the patio door to the primary bedroom with soaring ten‑foot ceilings
- Two‑bedroom, two‑bath layout with an upper‑level bedroom and bath plus a lower‑level second bedroom and bath
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 | $55.3k | $30.36 |
| − Vacancy | −$3.2k | −$1.76 |
| EGI | $52.1k | $28.60 |
| − OpEx | −$23.4k | −$12.87 |
| NOI | $28.6k | $15.73 |
1,820 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$409.0K
$357.9K – $477.1K
NOI $28,628 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$443.7K
$388.2K – $517.6K
NOI $31,058 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,121
Businesses Nearby
Explore this area
Business Placement
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
$250,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 2018, this two-bedroom, two-bath residence features soaring ten-foot ceilings and a finished lower level with in-unit laundry.
Where is this residential income property located?
The property is located at 1310 N 18TH STREET Unit 1 Philadelphia, PA.
What is the asking price?
The asking price for this property is $357,000.
What are key features of this property?
This property features: Built in 2018 and occupied in 2019 within a two‑unit building; Main level spans from the patio door to the primary bedroom with soaring ten‑foot ceilings; Two‑bedroom, two‑bath layout with an upper‑level bedroom and bath plus a lower‑level second bedroom and bath
