Four-Unit Residential
For Sale
$995,000
2019 E SUSQUEHANNA Avenue, Philadelphia, PA 19125
Multi-Family, PHILADELPHIA, PA
Property Size4,216 SF
Lot Size0.04 Acres
Price / SF$236.01
Days on Market48
Property Features for 2019 E SUSQUEHANNA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
4,216 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4364
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2019
Number of units
4
Building materials
Brick
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Sam A Akif · License #RS331003
(215) 617-6142
Added: Jul 8
Changed: Aug 19
Last Checked: Aug 24 at 3:06AM
MLS# PAPH2645572
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.
Located at 2019 E Susquehanna Avenue in Philadelphia’s 19125 area, this four-unit residential building was designed by Harman Deutsch Ohler Architecture and built in 2019. The property consists of three stories with a unit mix of one- and two-bedroom layouts.
The building is situated on a 19' x 86' lot and is zoned RM-1. Public remarks indicate the location is approximately half a block from Front St. and within a five-minute walk to Frankford Avenue.
As a four-unit investment, the offering presents turn-key ownership of a modern multifamily building with 1- and 2-bedroom configurations across the three-story structure.
The building is situated on a 19' x 86' lot and is zoned RM-1. Public remarks indicate the location is approximately half a block from Front St. and within a five-minute walk to Frankford Avenue.
As a four-unit investment, the offering presents turn-key ownership of a modern multifamily building with 1- and 2-bedroom configurations across the three-story structure.
Key Highlights
- 2019‑built four‑unit brick building (4,216 SF) across three stories
- Unit mix includes one- and two‑bedroom layouts
- Central heating and central air
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,946
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,438,920
$1.4M
Cap Rate 7%
$1,027,800
$1.0M
Cap Rate 9%
$799,400
$799.4K
Market Conditions
NOI Build-Up for 4,216 SF
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.
Gross rent
$108.8K $25.80/SF
− Vacancy
−$6.0K −$1.42/SF
EGI
$102.8K $24.38/SF
− OpEx
−$30.8K −$7.31/SF
NOI
$71.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,438,920
Cap Rate 7%
$1,027,800
Cap Rate 9%
$799,400
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$899.3K – $1.20M
NOI $71,946 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$947.4K
$829.0K – $1.11M
NOI $66,316 @ 7.0% cap · market cap 6.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,829
Businesses Nearby
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Built in 2019, this four-unit property offers one- and two-bedroom layouts and is zoned RM-1.
Where is this quadplex located?
The property is located at 2019 E SUSQUEHANNA Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2019‑built four‑unit brick building (4,216 SF) across three stories; Unit mix includes one- and two‑bedroom layouts; Central heating and central air
