Four-Unit Residential Income
For Sale
$969,000
146 Vassar Street, Philadelphia, PA 19128
Four-unit property with exposed brick, in-unit laundry, and two extra-large garages for storage or parking.
Property Size3,697 SF
Price / SF$262.10
Days on Market161
Property Features for 146 Vassar Street
General Information
Standard status
Active
Size
3,697 SF
Total Parking Spaces
2
Property subtype
Multi-family
Lease Term
[]
Site & Location
Neighborhood
Wissahickon
Additional Details
Multifamily Units
4
Amenities
exposed brick walls
central air
forced air
trey ceilings
in unit laundry
hardwood and carpeted flooring
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
Jayme Feiertag · License #RS295613
(610) 828-2224
Source:
Deepcreeklake
Added: May 24
Changed: Oct 28
Last Checked: Oct 30 at 6:28PM
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 Keller Williams Real Estate-Blue Bell
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Investment Insights
Based on property information with market context.
146 Vassar Street is a unique four-unit residential income property featuring design details in each unit, including exposed brick walls, central air, forced air, trey ceilings, and in-unit laundry. Flooring is a mix of hardwood and carpeted surfaces, supporting both comfort and everyday livability.
The property also includes two extra-large garages, providing additional space that can support storage or parking needs for residents.
Offered for sale at 146 Vassar Street, this is a versatile, owner-occupant or investor-friendly setup, and it is described as being right by the Wissahickon Train Station.
The property also includes two extra-large garages, providing additional space that can support storage or parking needs for residents.
Offered for sale at 146 Vassar Street, this is a versatile, owner-occupant or investor-friendly setup, and it is described as being right by the Wissahickon Train Station.
Key Highlights
- 4‑unit property built in 1900 in Philadelphia
- Each unit features exposed brick, central air, forced air, trey ceilings, and in‑unit laundry
- Units include a mix of hardwood and carpeted flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,089
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,780
$1.3M
Cap Rate 7%
$901,271
$901.3K
Cap Rate 9%
$700,989
$701.0K
Market Conditions
NOI Build-Up for 3,697 SF
Gross rent
$95.4K $25.80/SF
− Vacancy
−$5.3K −$1.42/SF
EGI
$90.1K $24.38/SF
− OpEx
−$27.0K −$7.31/SF
NOI
$63.1K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,780
Cap Rate 7%
$901,271
Cap Rate 9%
$700,989
Alternative Uses
Best Use
Multifamily LT 5
$901.3K
$788.6K – $1.05M
NOI $63,089 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$830.7K
$726.9K – $969.2K
NOI $58,152 @ 7.0% cap · market cap 6.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with exposed brick, in-unit laundry, and two extra-large garages for storage or parking.
Where is this quadplex located?
The property is located at 146 Vassar Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: 4‑unit property built in 1900 in Philadelphia; Each unit features exposed brick, central air, forced air, trey ceilings, and in‑unit laundry; Units include a mix of hardwood and carpeted flooring
