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Legal Quadplex with Updated Roof
New
For Sale
$439,900

3128 Richmond St, Philadelphia, PA 19134

Tenant-occupied apartments include one- and two-bedroom layouts with updated interior finishes.

Property Size2,902 SF
Price / SF$151.59
Days on Market2

Property Features for 3128 Richmond St

General Information

Standard status Active
Size 2,902 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 3 x 1BR, 1 x 2BR
Multifamily Units 4

Building Details

Year Built 1915
Listing Agency: City & Suburban Real Estate
Listed By: Slawomir Jakubowski
Source: Upgradebymichaud
Added: Sep 19 Last Checked: Sep 19 at 8:12AM

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 City & Suburban Real Estate

Investment Insights

Based on property information with market context.

This legal quadplex contains three one-bedroom apartments and one two-bedroom apartment. Unit features include tiled bathrooms, kitchens with oak cabinetry, refrigerators, and electric ranges; two apartments also include rear decks. The rear one-bedroom unit offers extensive closet storage. Interior improvements include mostly newer windows along with hardwood and ceramic tile flooring, while a rubber roof was installed in 2025. All units operate on electric service, and the rental licenses have been maintained.

The property is located at 3128 Richmond Street in Philadelphia’s Port Richmond area, along a commercial corridor near dining, shopping, and transportation. Built in 1915, the building has remained under the same ownership for more than 22 years and is currently occupied by tenants.

Key Highlights

  • Legal four‑unit property with three 1‑bedroom apartments and one 2‑bedroom apartment
  • All units are currently tenant‑occupied
  • New rubber roof installed in 2025

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Computer & Electronic Repair (Bike/Boat/Book/etc) 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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Tenant-occupied apartments include one- and two-bedroom layouts with updated interior finishes.
Where is this quadplex located?
The property is located at 3128 Richmond St Philadelphia, PA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Legal four‑unit property with three 1‑bedroom apartments and one 2‑bedroom apartment; All units are currently tenant‑occupied; New rubber roof installed in 2025
More about this property
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