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Six-Unit Apartment Building with Laundry
For Sale
$600,000

1816 W TIOGA STREET, Philadelphia, PA 19140

Fully occupied brick apartment property with on-site coin laundry and updated common-area lighting.

Property Size3,518 SF
Price / SF$170.55
Days on Market8

Property Features for 1816 W TIOGA STREET

General Information

Standard status Active
Size 3,518 SF
Property subtype Commercial

Building Details

Year Built 1925
Listing Agency: Trinity Property Advisors
Listed By: Taison DeVore · License #RS330459
Source: Cummingsrealtors
Added: Sep 14 Changed: Sep 20 Last Checked: Sep 21 at 5:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Property Advisors

Investment Insights

Based on property information with market context.

This 1925-built brick apartment building contains six units and approximately 3,518 square feet on a 4,512-square-foot lot. The unit mix includes one studio, three one-bedroom units, and two two-bedroom units. A coin-operated laundry area on the first floor provides an additional property feature, while occupancy is currently full.

Major building work includes a new roof completed in 2023, a serviced and maintained boiler, and updated lighting in the common areas. Several apartments offer cosmetic improvement potential through flooring and paint updates. Leases are primarily month-to-month, and tenants pay their own utilities where submetering is in place; ownership covers water, sewer, and common-area electric. The property is reported at a 12.7% cap rate.

Key Highlights

  • Six‑unit apartment building with approximately 3,518 SF
  • 1925‑built brick construction on a 4,512‑square‑foot lot
  • Unit mix includes one studio, three one‑bedrooms, and two two‑bedrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Parking Lot & Garage Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

3,331
Businesses Nearby

Demographics for 19140, PA

52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Fully occupied brick apartment property with on-site coin laundry and updated common-area lighting.
Where is this apartment building located?
The property is located at 1816 W TIOGA STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Six‑unit apartment building with approximately 3,518 SF; 1925‑built brick construction on a 4,512‑square‑foot lot; Unit mix includes one studio, three one‑bedrooms, and two two‑bedrooms
More about this property
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