West Kensington Multifamily Investment Opportunity

175 W Berks St, Philadelphia, PA 19122

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For Sale

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7-unit multifamily building in rapidly developing West Kensington, Philadelphia.

Type:Multifamily

Property size:

3,800 SF

Price / SF:

$190/SF

HighLights

Value‑add opportunity through rent increases to market levels.
Located in rapidly developing West Kensington neighborhood.
7‑unit multifamily property with a desirable unit mix (6 one‑bedroom, 1 efficiency).
Surrounded by new multifamily construction and luxury residential development.
Potential for vertical expansion (buyer to verify).
Strong rental demand in a centrally located Philadelphia neighborhood.

We can help!

Contact an agent

Ronald Isgate

For Sale

Contact for pricing

7-unit multifamily building in rapidly developing West Kensington, Philadelphia.

Type:Multifamily

Property size:

3,800 SF

Price / SF:

$190/SF

Added:: Mar 13, 2026
Days on Market:: 108
Last Refresh:: Mar 19 at 11:19 pm

Property Features for 175 W Berks St

General Information

Standard status: Active
Size: 3,800 SF
Property subtype: Multifamily

Building Details

Year Built: 1910

We can help!

Contact an agent

Ronald Isgate

Listing office KW Commercial Newtown

Listing date Mar 13, 2026

Source Crexi

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 KW Commercial Newtown

HighLights

Value‑add opportunity through rent increases to market levels.
Located in rapidly developing West Kensington neighborhood.
7‑unit multifamily property with a desirable unit mix (6 one‑bedroom, 1 efficiency).
Surrounded by new multifamily construction and luxury residential development.
Potential for vertical expansion (buyer to verify).
Strong rental demand in a centrally located Philadelphia neighborhood.

Overview

Located in the rapidly evolving West Kensington neighborhood of Philadelphia, 175 West Berks Street is a 7-unit multifamily property that presents an opportunity to acquire a stabilized asset with upside potential. The property is positioned in an area benefiting from ongoing redevelopment and new residential construction. The building consists of six one-bedroom apartments and one efficiency unit. There is a value-add opportunity through rent increases to current market levels, creating the potential to improve net operating income. There may be the possibility of vertical expansion by adding additional floors, subject to verification with local zoning regulations. The property is in a centrally located Philadelphia neighborhood with strong rental demand. The property size is 3800 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$115.4k	$30.36
− Vacancy	−$6.7k	−$1.76
EGI	$108.7k	$28.60
− OpEx	−$48.9k	−$12.87
NOI	$59.8k	$15.73

3,800 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$853.9K

$747.2K – $996.2K (±1% cap)

NOI $59,772 @ 7.0% cap · market cap 8.24%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$926.4K

$810.6K – $1.08M (±1% cap)

NOI $64,847 @ 7.0% cap · market cap 8.94%

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

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.1362664
Latitude: 39.9792102

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For sale
Apartment buildings
PA
Philadelphia
19122
175 W Berks St

What type of property is this?

Apartment building - 7-unit multifamily building in rapidly developing West Kensington, Philadelphia.

Where is this apartment building located?

The property is located at 175 W Berks St Philadelphia, PA.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Value‑add opportunity through rent increases to market levels.; Located in rapidly developing West Kensington neighborhood.; 7‑unit multifamily property with a desirable unit mix (6 one‑bedroom, 1 efficiency).