Two-Unit Condominium
For Sale
$650,000
1727 S 4TH ST, Philadelphia, PA 19148
PHILADELPHIA, PA
Property Size1,800 SF
Price / SF$361.11
Days on Market110
Property Features for 1727 S 4TH ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
PENNSPORT
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Building Details
Year built
2018
Listing Agency:
Collegeville
(610) 489-2100
Listed By:
Ramonita Hernandez-Mohr · License #AB067114
Added: Jul 15
Changed: Sep 30
Last Checked: Nov 1 at 2:06AM
MLS# PAPH2648440
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2018, the property comprises two separately deeded condominiums with approximately 1,800 square feet of combined living area. Each residence has two bedrooms, one-and-a-half bathrooms, a kitchen, recessed lighting, and updated electrical. The units have contemporary interior finishes and separate Tax IDs, allowing individual sale or financing while they are offered together.
Key Highlights
- Two separately deeded condominiums, each with its own Tax ID
- Approximately 1,800 square feet of combined living space
- Each unit has 2 bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,313
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,260
$566.3K
Cap Rate 7%
$404,471
$404.5K
Cap Rate 9%
$314,589
$314.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$54.6K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$51.5K $28.60/SF
− OpEx
−$23.2K −$12.87/SF
NOI
$28.3K $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%
$566,260
Cap Rate 7%
$404,471
Cap Rate 9%
$314,589
Alternative Uses
Best Use
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$438.8K
$384.0K – $512.0K
NOI $30,717 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
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Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two separately deeded residences can be sold or financed individually while remaining available together.
Where is this residential income property located?
The property is located at 1727 S 4TH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two separately deeded condominiums, each with its own Tax ID; Approximately 1,800 square feet of combined living space; Each unit has 2 bedrooms and 1.5 bathrooms
