1616 N BAILEY ST, Philadelphia, PA 19121

Building Details

Year Built

2024

Listing agent Ian Grusd License #9233895

Listing office Marcus & Millichap - Manhattan

Listing date Jun 2, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

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.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Philadelphia

County

Delaware

State

Pennsylvania

Longitude

-75.1889187

Latitude

39.9327167

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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