Four-Unit
New
For Sale
$300,000
1940 W Erie Ave, Philadelphia, PA 19140
Corner property with two two-bedroom units and two studio units, offered as-is.
Property Size2,400 SF
Price / SF$125
Days on Market2
Property Features for 1940 W Erie Ave
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR, 2 x studio
Multifamily Units
4
Building Details
Year Built
1915
Listing Agency:
Main Line Investors Group
Listed By:
April M Scott-Street · License #RS327505
(267) 265-5401
Source:
Upgradebymichaud
Added: Sep 14
Last Checked: Sep 14 at 10:43AM
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 Main Line Investors Group
Investment Insights
Based on property information with market context.
Located at 1940 W. Erie Avenue in Philadelphia, this approximately 2,400-square-foot property was built in 1915 and is arranged as four residential units: two two-bedroom units and two studios. The building occupies a corner parcel and is being offered in its current condition.
The existing configuration is not a currently permitted use. Buyers should independently verify zoning, permitted uses, and any approvals that may be required before proceeding. The property is offered as-is.
The existing configuration is not a currently permitted use. Buyers should independently verify zoning, permitted uses, and any approvals that may be required before proceeding. The property is offered as-is.
Key Highlights
- Approximately 2,400 square feet on a corner property
- Configured with two 2‑bedroom units and two studio units
- Built in 1915
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,054
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Corner property with two two-bedroom units and two studio units, offered as-is.
Where is this quadplex located?
The property is located at 1940 W Erie Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 2,400 square feet on a corner property; Configured with two 2‑bedroom units and two studio units; Built in 1915
