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Multifamily Building with Side-Yard Entry
For Sale
$500,000

1537 DEAL STREET, Philadelphia, PA 19124

Multifamily building with 16 units and shared kitchen and bathrooms, featuring a convenient side-yard entrance.

Property Size6,000 SF
Lot Size0.10 Acres
Price / SF$83.33
Days on Market99

Property Features for 1537 DEAL STREET

General Information

Standard status Active
Size 6,000 SF
Lot size 0.10 Acres
Property subtype Commercial

Site & Location

Neighborhood Kensington

Amenities

common area kitchen
three common area bathrooms
side-yard entrance

Building Details

Year Built 1935
Listing Agency: LPT Realty, LLC
Listed By: Maria Maria Quattrone Quattrone · License #RS281573
Source: Cummingsrealtors
Added: Jul 23 Changed: Oct 29 Last Checked: Oct 28 at 8:06AM

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 LPT Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This multifamily property was previously used as artist lofts and offers more than 6,000 square feet of building space with 16 units. The layout includes a common area kitchen and three common area bathrooms, creating a shared functional core for the building.

The property sits on a 4,155 square foot lot in Philadelphia’s Frankford neighborhood within an established commercial corridor. Access is described as convenient to major roadways and public transportation, with nearby shopping, dining, and neighborhood amenities.

A side-yard entrance provides additional accessibility and operational flexibility. The configuration is described as versatile, with possibilities that may include multiple rental streams or owner-occupant use, subject to applicable zoning and municipal approvals.

Key Highlights

  • Commercial property in Philadelphia’s Frankford neighborhood, previously used as artist lofts
  • 4,155 sq. ft. lot with approximately 6,000+ sq. ft. of building space
  • Includes 16 units

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

1,500
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Multifamily building with 16 units and shared kitchen and bathrooms, featuring a convenient side-yard entrance.
Where is this apartment building located?
The property is located at 1537 DEAL STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Commercial property in Philadelphia’s Frankford neighborhood, previously used as artist lofts; 4,155 sq. ft. lot with approximately 6,000+ sq. ft. of building space; Includes 16 units
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