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Apartment Building for Lease
For Lease
$1,795/Mo

139 W CHELTEN AVENUE #203, Philadelphia, PA 19144

Brand-new 51-unit apartment building with studios, 1-, and 2-bedroom layouts near Chelten Ave SEPTA access.

Property Size1,000 SF
Days on Market72

Property Features for 139 W CHELTEN AVENUE #203

General Information

Standard status Active
Size 1,000 SF
Property subtype Apartment
Lease Type /mo

Additional Details

Highway Access Yes
Multifamily Units 51

Building Details

Year Built 2023
Listing Agency: Skale Real Estate
Listed By: Cameron Crossley · License #RM425434
Source: Cummingsrealtors
Added: May 20 Changed: Jul 27 Last Checked: Jul 30 at 5:55AM

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 Skale Real Estate

Investment Insights

Based on property information with market context.

The Ace is a brand-new, 51-unit apartment building offering studio, 1-bedroom, and 2-bedroom floor plans. Units are described as featuring upgraded Samsung stainless steel appliances, high-quality LVP flooring, and baths with floor-to-ceiling custom tile work, with large windows designed to bring in natural light.

Located at 139 W Chelten Avenue in Philadelphia, the building provides described access to the Chelten Ave SEPTA Station, Germantown Avenue, and I-76. The public remarks also note that a grocery store and gym are just steps away, and Wissahickon Valley Park is within easy reach for outdoor activities.

Unit #203 is listed for rent at the address provided.

Key Highlights

  • Year built 2023: brand‑new 51‑unit apartment building in Germantown
  • Unit interiors include upgraded Samsung stainless steel appliances and high‑quality LVP flooring
  • Bathrooms feature floor‑to‑ceiling custom tile work

Property Analytics

Current Use

Man vs Fries Restaurant MrBeast Burger Restaurant Crossroads Evangelistic Church Church Drexel university University

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Accounting 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

51
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,717
Businesses Nearby

Demographics for 19144, PA

44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$36.03 /SF/Yr
Avg Asking Price
$0.58–$64.33 /SF/Yr
Price Range
1,543 SF
Avg Space Size

This space is priced 40% below the average of $36.03 /SF/Yr.

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Brand-new 51-unit apartment building with studios, 1-, and 2-bedroom layouts near Chelten Ave SEPTA access.
Where is this multifamily property located?
The property is located at 139 W CHELTEN AVENUE #203 Philadelphia, PA.
What is the lease rate?
The lease rate is $1,795 /Mo.
What are key features of this property?
This property features: Year built 2023: brand‑new 51‑unit apartment building in Germantown; Unit interiors include upgraded Samsung stainless steel appliances and high‑quality LVP flooring; Bathrooms feature floor‑to‑ceiling custom tile work
More about this property
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