Bank-Owned Multifamily
For Sale
$299,900
1640 W STILES STREET, Philadelphia, PA 19121
Offered as-is, with the buyer responsible for obtaining and paying for the U & O Certificate.
Property Size1,698 SF
Days on Market375
Property Features for 1640 W STILES STREET
General Information
Standard status
Active
Size
1,698 SF
Property subtype
Triplex
Site & Location
Neighborhood
Francisville
Taxes and HOA fees
Annual Taxes
$8,033
Building Details
Building Size
1,698 SF
Year Built
1920
Listing Agency:
Century 21 Advantage Gold-Elkins Park
Listed By:
Anne Rubin · License #AB060257L
(215) 887-4653
Source:
Patmckennarealtors
Added: Oct 15, 2025
Changed: Oct 21
Last Checked: Oct 23 at 2:57PM
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 Century 21 Advantage Gold-Elkins Park
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This bank-owned multifamily property is located at 1640 W Stiles St in Philadelphia, Pennsylvania. The property is offered in its current as-is condition.
The buyer is responsible for ordering and paying for the U & O Certificate. The recorded property size is 1,698.
The buyer is responsible for ordering and paying for the U & O Certificate. The recorded property size is 1,698.
Key Highlights
- Bank‑owned multifamily property
- Offered in as‑is condition
- Buyer responsible for ordering and paying for the U & O Certificate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,709
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,180
$534.2K
Cap Rate 7%
$381,557
$381.6K
Cap Rate 9%
$296,767
$296.8K
Market Conditions
NOI Build-Up for 1,698 SF
Gross rent
$51.6K $30.36/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$48.6K $28.60/SF
− OpEx
−$21.9K −$12.87/SF
NOI
$26.7K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,180
Cap Rate 7%
$381,557
Cap Rate 9%
$296,767
Alternative Uses
Best Use
Apartment 5plus
$381.6K
$333.9K – $445.2K
NOI $26,709 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$413.9K
$362.2K – $482.9K
NOI $28,976 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Offered as-is, with the buyer responsible for obtaining and paying for the U & O Certificate.
Where is this multifamily property located?
The property is located at 1640 W STILES STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Bank‑owned multifamily property; Offered in as‑is condition; Buyer responsible for ordering and paying for the U & O Certificate
