Residential Income
For Sale
$220,000
1812 HART Lane, Philadelphia, PA 19134
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,155 SF
Lot Size0.02 Acres
Price / SF$190.48
Days on Market307
Property Features for 1812 HART Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,155 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
1338
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1920
Number of units
1
Building materials
Masonry
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Tahzib Bacchus · License #RS330208
(267) 689-7355
Added: Oct 2, 2025
Changed: Jul 2
Last Checked: Aug 4 at 12:06AM
MLS# PAPH2544172
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 listing is for a residential income property classified as “Other” residential income. The building size is listed as 1,155 square feet, situated on a lot of 0.0172 acres.
The property is located at 1812 Hart Lane in Philadelphia, Pennsylvania 19134, within Philadelphia County.
The information provided does not include unit breakdown or interior details, so prospective buyers are encouraged to verify the property’s current configuration and income potential during their due diligence.
The property is located at 1812 Hart Lane in Philadelphia, Pennsylvania 19134, within Philadelphia County.
The information provided does not include unit breakdown or interior details, so prospective buyers are encouraged to verify the property’s current configuration and income potential during their due diligence.
Key Highlights
- Built in 1920
- Masonry construction
- Electric heating with baseboard 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 | $35.1k | $30.36 |
| − Vacancy | −$2.0k | −$1.76 |
| EGI | $33.0k | $28.60 |
| − OpEx | −$14.9k | −$12.87 |
| NOI | $18.2k | $15.73 |
1,155 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$259.5K
$227.1K – $302.8K
NOI $18,168 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$281.6K
$246.4K – $328.5K
NOI $19,710 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,486
Businesses Nearby
Explore this area
Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - For sale multi-family income property in Philadelphia with a small lot and total building size of 1,155 sq. ft.
Where is this residential income property located?
The property is located at 1812 HART Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Built in 1920; Masonry construction; Electric heating with baseboard units
