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Corner Quadplex for Sale
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
Listed By: Qianqiong Xie · License #RS-287696
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.

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 (±1% cap)
NOI $54,249 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$714.3K
$625.1K – $833.4K (±1% cap)
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

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Nursing Home Electrical Service (Bike/Boat/Book/etc) Store Coworking & Hybrid Office Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,201
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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