1729 W ERIE Avenue, Philadelphia, PA 19140
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 12, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 16 at 1:06 am
Property Features for 1729 W ERIE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,456 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6553
Utilities
- Heating system
- Central
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1930
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Kevin M McGettigan License #RS326539 (856) 347-0434
Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA (215) 735-7368
Listing date Jun 12, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑unit multifamily with four 1‑bed, 1‑bath units and one studio unit
- Year built 1930; masonry construction
- Central heating and wall‑unit cooling
- On‑street parking
- Near Broad Street transit, Temple University/Health System, neighborhood retail, and major bus routes
Overview
Located in North Philadelphia’s West Allegheny area, the property is positioned near Broad Street transit as well as Temple University/Health System. It is also noted to be near neighborhood retail and major bus routes, providing convenient connectivity for area renters.
For investors or owner-operators looking for a multi-unit asset, this property offers a defined unit mix with a manageable total count of five units. Financial details, including a rent roll, are available upon request, and the listing can also be purchased as part of a three-property, 14-unit package that includes 3521 N 21st St and 2122 W Estaugh St.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.6k | $30.36 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $70.2k | $28.60 |
| − OpEx | −$31.6k | −$12.87 |
| NOI | $38.6k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.15703
- Latitude
- 40.0103
