Corner Quadplex for
For Sale
$550,000
1447 S 9TH Street, Philadelphia, PA 19147
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,179 SF
Lot Size0.03 Acres
Price / SF$173.01
Days on Market130
Property Features for 1447 S 9TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,179 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
4987
Utilities
Heating system
Other (Heating), Hot Water(Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1915
Number of units
4
Building materials
Masonry
Listing Agency:
Central Realty Group LLC
(215) 516-6038
Listed By:
Qianqiong Xie · License #RS-287696
(856) 308-6388
Added: Mar 25
Changed: Jul 13
Last Checked: Aug 1 at 7:06PM
MLS# PAPH2599426
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.
Investment Insights
Based on property information with market context.
This corner quadplex is being offered for sale in as-is condition. The buyer will be accountable for obtaining any required zoning changes. The sale is structured so the property is conveyed as-is.
The property is located at 1447 S 9TH Street in Philadelphia, PA 19147.
The offering is a residential income asset with a property size of 3,179 square feet on a 0.0257-acre lot.
The property is located at 1447 S 9TH Street in Philadelphia, PA 19147.
The offering is a residential income asset with a property size of 3,179 square feet on a 0.0257-acre lot.
Key Highlights
- Corner property sold AS‑IS condition; buyer responsible for any required zoning changes
- Built in 1915
- Construction materials: masonry
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 | $96.5k | $30.36 |
| − Vacancy | −$5.6k | −$1.76 |
| EGI | $90.9k | $28.60 |
| − OpEx | −$40.9k | −$12.87 |
| NOI | $50.0k | $15.73 |
3,179 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$775.0K
$678.1K – $904.2K
NOI $54,249 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$714.3K
$625.1K – $833.4K
NOI $50,004 @ 7.0% cap · market cap 9.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Corner quadplex offered for sale in as-is condition, with buyer responsible for any required zoning changes.
Where is this quadplex located?
The property is located at 1447 S 9TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Corner property sold AS‑IS condition; buyer responsible for any required zoning changes; Built in 1915; Construction materials: masonry