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Philadelphia Multi-Unit Investment Opportunity

1854 TREE Street Philadelphia, PA 19145

1854 TREE Street, Philadelphia, PA, 19145
$284,900
For Sale
Claim this Listing
$284,900

MULTI_FAMILY - PHILADELPHIA, PA

Property Size1,190 SF
Lot Size0.02 Acres
Price / SF$239.41
AddedApr 9
Days on Market98
Last RefreshJul 15 at 8:06 am

Property Features for 1854 TREE Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Standard status
Active
Size
1,190 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
3502

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1920
Number of units
2
Building materials
Masonry

Listing agent Frederic D Musilli License #RM421769

Listing office DJCRE Inc. 1611 Snyder Avenue, Philadelphia, PA

Listing date Apr 9, 2026

MLS# PAPH2606058 Listing URL

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 multi-unit property is located in South Philadelphia. The property, with a size of 1190 square feet and a lot size of 0.0161 acres, features two one-bedroom apartments. The property is in below average condition, presenting an opportunity for investors. There is potential for a coin-operated laundry in the basement. This property is suitable for a long-term investor or an owner-operator looking to add to their portfolio.

Key Highlights

  • Multi‑unit property in South Philadelphia.
  • Excellent investment opportunity with upside potential.
  • Two one‑bedroom apartments.

Local 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 $30.7k $25.80
− Vacancy −$1.7k −$1.42
EGI $29.0k $24.38
− OpEx −$8.7k −$7.31
NOI $20.3k $17.06
1,190 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$290.1K
$253.8K – $338.5K (±1% cap)
NOI $20,307 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$267.4K
$234.0K – $312.0K (±1% cap)
NOI $18,718 @ 7.0% cap · market cap 6.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Tech Support Center Travel Agency Computer & Electronic Repair Acupuncture Nursing Home Nursing Home Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Multi-unit property in South Philadelphia with upside potential.
Where is this duplex located?
The property is located at 1854 TREE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Multi‑unit property in South Philadelphia.; Excellent investment opportunity with upside potential.; Two one‑bedroom apartments.
Contact an agent
More about this property
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