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Contemporary 4-Unit Quadplex
For Sale
$999,999

1806 W BERKS Street, Philadelphia, PA 19121

Multi-Family, PHILADELPHIA, PA

Property Size3,759 SF
Lot Size0.04 Acres
Price / SF$266.03
Days on Market93

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 BREWERYTOWN
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 Contemporary
Listing Agency: RE/MAX Preferred - Sewell · RE/MAX International
Listed By: Sadiyyah Maamoon · License #RS309945
Added: Jul 31 Changed: Aug 27 Last Checked: Oct 31 at 8:06PM
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.

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Investment Insights

Based on property information with market context.

Built in 1915, this contemporary-style quadplex contains 3,759 square feet on a 0.0444-acre lot. Masonry construction, forced-air heating, central air, and in-unit laundry serve the four-unit layout. Appliance packages include dishwashers, refrigerators, microwaves, stoves, washers, and dryers, while parking is provided on the street.

The unit mix includes three bedrooms and 1.5 bathrooms in Unit A, a three-bedroom, two-bathroom Unit B with private backyard access, three bedrooms and one bathroom in Unit C, and three bedrooms with two bathrooms in Unit D. The property is located at 1806 W Berks Street in Philadelphia’s Brewerytown section, approximately a 10-minute walk from Temple University and near shopping, public transportation, Girard Avenue, Fairmount Park, and Center City.

Key Highlights

  • Four‑unit property with 3,759 square feet of building area
  • Unit mix includes four three‑bedroom apartments
  • Unit B includes private backyard access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,147
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,940 $1.3M
Cap Rate 7%
$916,386 $916.4K
Cap Rate 9%
$712,744 $712.7K
Market Conditions
NOI Build-Up for 3,759 SF
Gross rent
$97.0K $25.80/SF
− Vacancy
−$5.3K −$1.42/SF
EGI
$91.6K $24.38/SF
− OpEx
−$27.5K −$7.31/SF
NOI
$64.1K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,940
Cap Rate 7%
$916,386
Cap Rate 9%
$712,744

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. How Realmo checks its estimates

Property Analytics

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

Lease Details

4
Residential units

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
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?
Quadplex - Masonry property with four residential units, in-unit laundry, central air, and access to a private backyard.
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 $999,999.
What are key features of this property?
This property features: Four‑unit property with 3,759 square feet of building area; Unit mix includes four three‑bedroom apartments; Unit B includes private backyard access
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