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Quadplex with In-Unit Laundry
New
For Sale
$1,000,000

1806 W BERKS Street, Philadelphia, PA 19121

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size3,759 SF
Lot Size0.04 Acres
Price / SF$266.03
Days on Market1

Property Features for 1806 W BERKS Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Appliances Dishwasher, Washer, Refrigerator, Microwave, Dryer, Stove
Subdivision NONE AVAILABLE
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 3,759 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 9710

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

in-unit laundry

Building Details

Year built 1915
Number of units 4
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Preferred - Sewell · RE/MAX International
Listed By: Sadiyyah Maamoon · License #RS309945
Added: Jul 31 Last Checked: Jul 31 at 7:06PM
MLS# PAPH2654902

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.

1806 W Berks Street is a well-maintained quadplex built in 1915 on a 0.0444-acre lot. The property totals 3,759 square feet and provides four residential units, each with modern layouts and in-unit laundry.

Unit A is in the lower level and offers three bedrooms and 1.5 bathrooms. Unit B is on the main level with three bedrooms, two bathrooms, and access to a private backyard. Unit C includes three bedrooms and one bathroom, while Unit D provides three bedrooms and two bathrooms. The property is constructed with masonry, heated with forced air, and cooled with central air. Parking is available on street.

The location is close to shopping and public transportation, with a stated 10-minute walking distance to Temple University.

Key Highlights

  • Four residential units with in‑unit laundry
  • Three bedrooms per unit with bathrooms ranging from 1.5 to 2
  • Built in 1915 masonry construction

Financial Insights For Multifamily LT 5

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 $97.0k $25.80
− Vacancy −$5.3k −$1.42
EGI $91.6k $24.38
− OpEx −$27.5k −$7.31
NOI $64.1k $17.06
3,759 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$916.4K
$801.8K – $1.07M (±1% cap)
NOI $64,147 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$844.7K
$739.1K – $985.5K (±1% cap)
NOI $59,127 @ 7.0% cap · market cap 5.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,065
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex with in-unit laundry, central air, and on-street parking near shopping and public transportation.
Where is this quadplex located?
The property is located at 1806 W BERKS Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four residential units with in‑unit laundry; Three bedrooms per unit with bathrooms ranging from 1.5 to 2; Built in 1915 masonry construction
More about this property
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