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Three-Story Quadplex
For Sale
$470,000

1628 N 2ND STREET, Philadelphia, PA 19122

The building carries a rental license for four units and requires rehabilitation.

Property Size2,825 SF
Price / SF$166.37
Days on Market111

Property Features for 1628 N 2ND STREET

General Information

Standard status Active
Size 2,825 SF
Property subtype Quadruplex

Additional Details

Public Transit Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,973

Building Details

Building Size 2,825 SF
Year Built 1915
Buildings 1
Stories 3
Listing Agency: Edward H Meyer & Son INC
Listed By: Theresa L Bertsch · License #RM422320
Source: Patmckennarealtors
Added: Apr 17 Changed: Aug 4 Last Checked: Aug 4 at 8:54AM

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 Edward H Meyer & Son INC

Investment Insights

Based on property information with market context.

This three-story quadplex contains 2,825 square feet and dates to 1915. The building requires rehabilitation, offering flexibility for a buyer planning improvements for personal use or a multifamily rental strategy. A rental license for four units is already in place, establishing the property’s documented residential configuration.

The property is located at 1628 N 2nd Street in Philadelphia’s Kensington South area. Public transportation and restaurants are nearby, while Northern Liberties, Fishtown, Temple University, and Center City Philadelphia are identified as accessible from the property.

Key Highlights

  • Rental license covering four units
  • Three‑story building with 2,825 square feet
  • Constructed in 1915

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Nursing Home Electrical Service Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

3,337
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - The building carries a rental license for four units and requires rehabilitation.
Where is this quadplex located?
The property is located at 1628 N 2ND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Rental license covering four units; Three‑story building with 2,825 square feet; Constructed in 1915
More about this property
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