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Renovated 5-Unit Apartment Building
For Sale
$795,000

1800-00 S 18TH Street, Philadelphia, PA 19145

Multi-Family, PHILADELPHIA, PA

Property Size3,006 SF
Lot Size0.03 Acres
Price / SF$264.47
Days on Market92

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 and dryer
deck

Building Details

Year built 1920
Number of units 4
Building materials Masonry
Architectural style Other
Listing Agency: Alpha Realty Group
Listed By: Joseph Biancaniello · License #RM047735A
Added: Jul 30 Changed: Aug 24 Last Checked: Oct 29 at 11:06PM
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.

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Investment Insights

Based on property information with market context.

This 3,006-square-foot apartment property contains five residential units, including three one-bedroom apartments and two two-bedroom apartments. The masonry building was constructed in 1920 and renovated during 2015–16. Each unit has separate utilities, and one apartment includes a third-floor deck. Residents also have access to coin-operated laundry equipment on the premises.

The property is located at the corner of S 18th Street and Moore Street in Philadelphia’s Point Breeze section of South Philadelphia. On-street parking is available. Building systems include forced-air heating and central air conditioning, and the property is fully occupied.

Key Highlights

  • Five‑unit apartment building with three one‑bedroom and two two‑bedroom units
  • 3,006 square feet; renovated during 2015–16
  • Fully occupied property at 1800‑00 S 18TH Street, Philadelphia, PA 19145

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,283
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,660 $945.7K
Cap Rate 7%
$675,471 $675.5K
Cap Rate 9%
$525,367 $525.4K
Market Conditions
NOI Build-Up for 3,006 SF
Gross rent
$91.3K $30.36/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$86.0K $28.60/SF
− OpEx
−$38.7K −$12.87/SF
NOI
$47.3K $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%
$945,660
Cap Rate 7%
$675,471
Cap Rate 9%
$525,367

Alternative Uses

Best Use
Apartment 5plus
$675.5K
$591.0K – $788.1K (±1% cap)
NOI $47,283 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$732.8K
$641.2K – $855.0K (±1% cap)
NOI $51,297 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,460
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied masonry property with separately metered apartments and on-site coin-operated laundry.
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 $795,000.
What are key features of this property?
This property features: Five‑unit apartment building with three one‑bedroom and two two‑bedroom units; 3,006 square feet; renovated during 2015–16; Fully occupied property at 1800‑00 S 18TH Street, Philadelphia, PA 19145
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