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Student-Oriented Multifamily Portfolio
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1849 N 18th St, Philadelphia, PA 19121

Fee simple acquisition offering includes three apartment buildings with studio and multi-bedroom units near Temple University.

Property SizeContact for details
Days on Market124

Property Features for 1849 N 18th St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 20

Amenities

secure entry
private balconies
Listing Agency: GREA
Listed By: Ken Wellar · License #PA 10401252368
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 10:54PM

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 GREA

Investment Insights

Based on property information with market context.

This for-sale portfolio offers fee simple ownership of three multifamily properties: 1931 North 18th Street, 1849 North 18th Street, and 1946 N. Gratz Street. The 1931 North 18th Street and 1946 N. Gratz Street buildings were built in 2011 and feature 8 studio units each, with secure entry and private balconies.

The property at 1849 North 18th Street was built in 2012 and contains 4 units with a total of 11 bedrooms. The units are described as large and each includes a private balcony, and the building also has two private parking spaces in the rear.

All three properties are positioned within walking distance of Temple University’s Main Campus and SEPTA public transportation, and are described as accessible via major arteries including US Route 611 and US Route 1, as well as Interstates 95 and 76.

Key Highlights

  • Fee simple acquisition of three apartment buildings: 1931 N 18th St, 1849 N 18th St, and 1946 N Gratz St in Philadelphia
  • 1931 N 18th St and 1946 N Gratz St: identical 2011‑built buildings with 8 studio units each
  • 1849 N 18th St: 2012‑built property with 4 units totaling 11 bedrooms

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Kitchen & Bath Showroom Building Supply

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

20
Residential units
Yes
Highway access

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fee simple acquisition offering includes three apartment buildings with studio and multi-bedroom units near Temple University.
Where is this apartment building located?
The property is located at 1849 N 18th St Philadelphia, PA.
What are key features of this property?
This property features: Fee simple acquisition of three apartment buildings: 1931 N 18th St, 1849 N 18th St, and 1946 N Gratz St in Philadelphia; 1931 N 18th St and 1946 N Gratz St: identical 2011‑built buildings with 8 studio units each; 1849 N 18th St: 2012‑built property with 4 units totaling 11 bedrooms
More about this property
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