Renovated Five-Unit Apartment
New
For Sale
$975,000
1800-00 S 18TH Street, Philadelphia, PA 19145
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size3,006 SF
Lot Size0.03 Acres
Price / SF$324.35
Days on Market1
Property Features for 1800-00 S 18TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Subdivision
POINT BREEZE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,006 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
6714
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
coin-operated washer/dryer
third-floor deck
Building Details
Year built
1920
Number of units
4
Building materials
Masonry
Architectural style
Other
Listing Agency:
Alpha Realty Group
(215) 463-0777
Listed By:
Joseph Biancaniello · License #RM047735A
(215) 519-3706
Added: Jul 30
Last Checked: Jul 30 at 6:06PM
MLS# PAPH2654280
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.
Investment Insights
Based on property information with market context.
This renovated five-unit apartment building is set up with spacious apartments offering three 1-bedroom units and two 2-bedroom units. Built in 1920 with masonry construction, the property includes forced-air heating and central air. All units have separate utilities, and coin-operated washer and dryer are available on the premises. One unit features a 3rd floor deck.
The building is located at 1800 S 18th Street at the corner of 18th and Moore Streets in the Point Breeze section of South Philadelphia. On-street parking services the property.
With a lot size of 0.0289 acres and 3,006 square feet of building area, this fully occupied building was renovated in 2015–16 and is configured for a straightforward multifamily setup.
The building is located at 1800 S 18th Street at the corner of 18th and Moore Streets in the Point Breeze section of South Philadelphia. On-street parking services the property.
With a lot size of 0.0289 acres and 3,006 square feet of building area, this fully occupied building was renovated in 2015–16 and is configured for a straightforward multifamily setup.
Key Highlights
- 0.0289‑acre lot with 3,006 SF masonry five‑unit building
- Renovated in 2015–16 with forced‑air heating and central air
- Unit mix: three 1‑bedroom units and two 2‑bedroom units
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 | $91.3k | $30.36 |
| − Vacancy | −$5.3k | −$1.76 |
| EGI | $86.0k | $28.60 |
| − OpEx | −$38.7k | −$12.87 |
| NOI | $47.3k | $15.73 |
3,006 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$675.5K
$591.0K – $788.1K
NOI $47,283 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$732.8K
$641.2K – $855.0K
NOI $51,297 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,065
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five fully renovated apartments with separate utilities and on-site coin laundry in a masonry building.
Where is this apartment building located?
The property is located at 1800-00 S 18TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 0.0289‑acre lot with 3,006 SF masonry five‑unit building; Renovated in 2015–16 with forced‑air heating and central air; Unit mix: three 1‑bedroom units and two 2‑bedroom units
