Four-Unit Multifamily Property with
New
For Sale
$234,900
1550 RUAN STREET, Philadelphia, PA 19124
1940-built income property with a garage, partial occupancy, and shared utility billing.
Property Size2,053 SF
Days on Market3
Property Features for 1550 RUAN STREET
General Information
Standard status
Active
Size
2,053 SF
Property subtype
Triplex
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,016
Building Details
Building Size
2,053 SF
Year Built
1940
Tenancy
Multi
Listing Agency:
RE/MAX Access
(215) 400-2617
Listed By:
Steven Osiecki · License #RM420757
(215) 400-2617
Source:
Mainlinekw
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 2:59AM
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 Access
Investment Insights
Based on property information with market context.
This 1940-built multifamily property contains 4 units and a garage. Two units are occupied, while two are currently vacant. The garage is separately rented, providing an additional income component to the property. Utility service is not separately metered; residents contribute toward oil, water, and electricity expenses.
Located at 1550 Ruan Street in Philadelphia, the property is zoned for 3 units despite its existing 4-unit configuration. The combination of residential units, garage space, current occupancy, and vacancy gives the asset a defined operating structure for review by multifamily buyers.
Located at 1550 Ruan Street in Philadelphia, the property is zoned for 3 units despite its existing 4-unit configuration. The combination of residential units, garage space, current occupancy, and vacancy gives the asset a defined operating structure for review by multifamily buyers.
Key Highlights
- 4 existing residential units with zoning for 3
- Garage included with separate rental use
- Two occupied units and two vacant units
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,762
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - 1940-built income property with a garage, partial occupancy, and shared utility billing.
Where is this quadplex located?
The property is located at 1550 RUAN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: 4 existing residential units with zoning for 3; Garage included with separate rental use; Two occupied units and two vacant units
