2024-Built 9-Unit Apartment
1616 N BAILEY ST Philadelphia, PA 19121
For Sale
Contact for pricing
Modern, income-focused multifamily asset offered for auction with a confirmed 9-unit residential layout.
Property Size10,000 SF
Days on Market55
Property Features for 1616 N BAILEY ST
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Ian Grusd · License #9233895
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 25 at 8:04AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This offering is a 9-unit apartment building built in 2024, positioned as a residential income property. The property’s current construction timeframe indicates a newer building rather than a renovated older structure, with the operational unit count already in place for an income-oriented buyer.
The building is located at 1616 N Bailey St in Philadelphia, Pennsylvania (19121). Prospective bidders are directed to the link in the OM and flyer for the auction package and full property information, including event details tied to the sale process.
The property is being sold for sale via auction, with an auction event scheduled for July 13–15, 2026 and a stated starting bid of $600,000. For investors, owner-operators, and multifamily buyers looking for a small to mid-sized apartment building with multiple dwelling units in a newer build, this can provide a straightforward platform to evaluate through the materials provided in the OM and flyer. As with any auction purchase, buyers should review the full property information package before registering or bidding.
The building is located at 1616 N Bailey St in Philadelphia, Pennsylvania (19121). Prospective bidders are directed to the link in the OM and flyer for the auction package and full property information, including event details tied to the sale process.
The property is being sold for sale via auction, with an auction event scheduled for July 13–15, 2026 and a stated starting bid of $600,000. For investors, owner-operators, and multifamily buyers looking for a small to mid-sized apartment building with multiple dwelling units in a newer build, this can provide a straightforward platform to evaluate through the materials provided in the OM and flyer. As with any auction purchase, buyers should review the full property information package before registering or bidding.
Key Highlights
- 2024‑built 9‑unit apartment building (multifamily)
- Confirmed 9‑unit residential layout
- Offered via auction with a starting bid of $600,000
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Modern, income-focused multifamily asset offered for auction with a confirmed 9-unit residential layout.
Where is this apartment building located?
The property is located at 1616 N BAILEY ST Philadelphia, PA.
What are key features of this property?
This property features: 2024‑built 9‑unit apartment building (multifamily); Confirmed 9‑unit residential layout; Offered via auction with a starting bid of $600,000