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13-Unit Apartment Building
For Sale
$2,800,000

2-8 S 46th Street, Philadelphia, PA 19139

Thirteen self-contained 2BR/1BA units with coin-op laundry in the basement and select units offering private balconies or decks.

Property SizeContact for details
Days on Market51

Property Features for 2-8 S 46th Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 13

Building Details

Year Built 1930
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Nadia Bilynsky · License #RS311101
Source: Mpnrealty
Added: Jun 25 Changed: Jul 10 Last Checked: Aug 14 at 4:43AM

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 Mallin Panchelli Nadel Realty Inc

Investment Insights

Based on property information with market context.

Offered for sale, this 13-unit apartment building features a consistent layout with (13) self-contained 2-bedroom, 1-bath units. Building amenities include a hard-wired smoke and fire system. Coin-op washer and dryer are provided in the basement, and some units include private balconies or decks.

The property is located at the corner of S 46th St. and Market St. in University City, described in the listing remarks as a highly trafficked intersection. It is positioned for tenants seeking the University City area, including students referenced from UPenn and Drexel.

For prospective owners, the mix of fully self-contained 2BR/1BA apartments and on-site laundry supports straightforward residential operations. The presence of private outdoor space in select units may be attractive to renters looking for added in-unit lifestyle options, while the hard-wired smoke and fire system provides an additional layer of safety infrastructure for the building.

Key Highlights

  • 13‑unit apartment building built in 1930 at the corner of S 46th St. and Market St. in University City
  • All units are self‑contained 2 bed / 1 bath apartment homes
  • Coin‑op washer/dryer in the basement and hard‑wired smoke and fire system

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Electrical Service Real Estate Agency Auto Parts Store

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

13
Residential units

Location Intelligence

Trade Area within ½ mile

2,396
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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 - Thirteen self-contained 2BR/1BA units with coin-op laundry in the basement and select units offering private balconies or decks.
Where is this apartment building located?
The property is located at 2-8 S 46th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 13‑unit apartment building built in 1930 at the corner of S 46th St. and Market St. in University City; All units are self‑contained 2 bed / 1 bath apartment homes; Coin‑op washer/dryer in the basement and hard‑wired smoke and fire system
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