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Quadplex With Detached Garages
For Sale
$969,000

146 VASSAR Street, Philadelphia, PA 19128

Multi-Family, PHILADELPHIA, PA

Property Size3,697 SF
Lot Size0.04 Acres
Price / SF$262.10
Days on Market97

Property Features for 146 VASSAR Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 2
Parking features Garage - Detached
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 3,697 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 8992

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Amenities

in unit laundry

Building Details

Year built 1900
Number of units 4
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Real Estate-Blue Bell · Keller Williams Realty
Listed By: Jayme Feiertag · License #RS295613
Added: Jul 13 Changed: Oct 15 Last Checked: Oct 17 at 8:06PM
MLS# PAPH2647386

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.

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Investment Insights

Based on property information with market context.

This 3,697-square-foot masonry quadplex contains four residential units and two extra-large detached garages. The garages provide substantial enclosed space for parking or storage. Unit interiors include exposed brick, central air, hot-water heating, trey ceilings, in-unit laundry, and a combination of hardwood and carpet flooring. Constructed in 1900, the property occupies a 0.0444-acre lot at 146 Vassar Street in Philadelphia.

The property is located by Wissahickon Train Station. Its four-unit configuration, detached garage buildings, and range of in-unit features support both rental-income ownership and an owner-occupant approach. Commercial lending is required for the purchase.

Key Highlights

  • Four‑unit property with 3,697 square feet of building area
  • Two extra‑large detached garages for parking or storage
  • Central air, hot‑water heating, and in‑unit laundry

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 (±1% cap)
NOI $63,089 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$830.7K
$726.9K – $969.2K (±1% cap)
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

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Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service Florist

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

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Masonry income property near Wissahickon Train Station with central air and in-unit laundry.
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: Four‑unit property with 3,697 square feet of building area; Two extra‑large detached garages for parking or storage; Central air, hot‑water heating, and in‑unit laundry
More about this property
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