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Boutique Apartment Building
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1344 N Marston St, Philadelphia, PA 19121

Boutique multifamily property with eight units, including private balconies and bi-level floorplans.

Property SizeContact for details
Days on Market125

Property Features for 1344 N Marston St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Amenities

private balconies
bike storage
tenant storage

Building Details

Tenancy Multi
Listing Agency: The Oceanside Realty Team
Listed By: Agent PHL · License #Pennsylvania RS316262
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:30AM

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 The Oceanside Realty Team

Investment Insights

Based on property information with market context.

The ICELANDIC is a boutique apartment building offering eight residential units in a compact under-one-roof configuration. Unit mix includes one 1-bedroom, three 3-bedroom, and four 2-bedroom apartments. The property features energy-efficient apartment design with private balconies and bi-level floorplans, along with bike and tenant storage intended to support everyday living.

Located at 1344 N Marston St in Philadelphia, the building is presented as a stabilized investment property in the Brewerytown submarket. Public remarks note that a 10-year tax abatement remains in effect.

From an ownership and operations standpoint, the property is described as turnkey, with minimal OPEX in the current offering materials. The seller also references an additional nearby opportunity at 1327 Marston (aka Milk Depot Apartments) directly across the street.

Key Highlights

  • Boutique apartment building with 8 total units: one 1BR, four 2BR, and three 3BR
  • Private balconies and bi‑level floorplans included in the apartment layouts
  • Bike and tenant storage provided for residents

Property Analytics

Current Use

The Icelandic Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Accounting Firm Building Supply Skin Care Clinic

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

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,225
Businesses Nearby

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

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 - Boutique multifamily property with eight units, including private balconies and bi-level floorplans.
Where is this apartment building located?
The property is located at 1344 N Marston St Philadelphia, PA.
What are key features of this property?
This property features: Boutique apartment building with 8 total units: one 1BR, four 2BR, and three 3BR; Private balconies and bi‑level floorplans included in the apartment layouts; Bike and tenant storage provided for residents
More about this property
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