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Mixed-Use Property With Back Lot
For Sale
$1,200,000

1542 N 15TH STREET, Philadelphia, PA 19121

Fully occupied property combining a commercial storefront with four residential units.

Property SizeContact for details
Days on Market685

Property Features for 1542 N 15TH STREET

General Information

Standard status Active
Property subtype Five Or More Units
Occupancy 100%

Additional Details

Gross Income $101,500
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,314

Building Details

Year Built 1915
Tenancy Multi
Listing Agency: RE/MAX Select Group
Listed By: Marco A Troche · License #AB069365
Source: Lizclarkrealestate
Added: Sep 20, 2024 Changed: Aug 4 Last Checked: Aug 4 at 4:55AM

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 RE/MAX Select Group

Investment Insights

Based on property information with market context.

Built in 1915, this mixed-use property contains five rental units, including a front commercial space and four residential apartments. The building is fully occupied, with established commercial tenancy and residential units positioned for student-oriented housing near Temple University. The property extends from block to block and includes a substantial rear lot. Plans and blueprints for additional construction on that portion are included, providing documented expansion concepts for the site.

The property is located one block from Temple University and within walking distance of Morgan Hall, the Liacouras Center, an AMC movie theater, and a shopping center. Its combination of existing residential and commercial occupancy, rear-land area, and included construction plans creates a flexible mixed-use configuration in an active university-area setting.

Key Highlights

  • Five total rental units: one commercial space and four residential units
  • Fully occupied with long‑term commercial tenancy
  • One block from Temple University

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Accounting Firm Kitchen & Bath Showroom

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

Feb
$190 Mar
$206 Apr
$211 May
$206 Jun
$234 Jul

Properties on Market for Mixed-use properties in Philadelphia

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied property combining a commercial storefront with four residential units.
Where is this mixed-use property located?
The property is located at 1542 N 15TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Five total rental units: one commercial space and four residential units; Fully occupied with long‑term commercial tenancy; One block from Temple University
More about this property
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