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1616 N BAILEY ST, Philadelphia, PA, 19121
2024-Built 9-Unit Apartment Building

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.

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

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store Pharmacy Tech Support Center Spa & Massage Center Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

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
More about this property
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