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Four-Unit Multifamily Investment
For Sale
$302,000

2017 ORTHODOX STREET, Philadelphia, PA 19124

Four-unit building with three occupied units and one vacant two-bedroom, including gas heat and no central cooling.

Property Size3,609 SF
Price / SF$83.68
Days on Market11

Property Features for 2017 ORTHODOX STREET

General Information

Standard status Active
Size 3,609 SF
Property subtype Quadruplex
Occupancy 75%

Additional Details

Multifamily Units 4

Building Details

Year Built 1935
Tenancy Multi
Listing Agency: BHHS Fox & Roach-Jenkintown
Listed By: Talia Levi · License #RS344920
Source: Cummingsrealtors
Added: Jul 21 Changed: Jul 27 Last Checked: Jul 31 at 6:00AM

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 BHHS Fox & Roach-Jenkintown

Investment Insights

Based on property information with market context.

This four-unit multifamily property includes a front studio unit and three additional units: two one-bedroom units and a two-bedroom unit that is currently vacant. The property is equipped with gas heat for all units and does not have central cooling. An active rental license is already in place.

The seller has never occupied the property and has limited knowledge of its condition. The building is currently 75% occupied, creating immediate rental income with the opportunity to lease the vacant two-bedroom unit. Please note that a 48-hour notice is required to schedule showings due to the occupied units, and agents should review any additional showing instructions in the Agent Remarks before scheduling.

Units are configured as studio, one-bedroom, one-bedroom, and two-bedroom. Further condition details are expected once the seller’s property disclosure is uploaded by the property manager.

Key Highlights

  • Four‑unit multifamily in Philadelphia (Frankford) built in 1935
  • 3 units are occupied and the property is currently 75% occupied
  • Vacant unit: two‑bedroom (Unit 4) offers the opportunity to lease additional space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Acupuncture

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

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,508
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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?
Quadplex - Four-unit building with three occupied units and one vacant two-bedroom, including gas heat and no central cooling.
Where is this quadplex located?
The property is located at 2017 ORTHODOX STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $302,000.
What are key features of this property?
This property features: Four‑unit multifamily in Philadelphia (Frankford) built in 1935; 3 units are occupied and the property is currently 75% occupied; Vacant unit: two‑bedroom (Unit 4) offers the opportunity to lease additional space
More about this property
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