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Renovated 8-Unit Apartment Building
For Sale
$649,900

2020 E MADISON STREET, Philadelphia, PA 19134

Renovated multifamily property with a varied unit mix and four vacant garages.

Property SizeContact for details
Days on Market8

Property Features for 2020 E MADISON STREET

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Five Or More Units

Units

Unit Mix 6 x 1BR, 2 x studio
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $4,879

Building Details

Year Built 1900
Buildings 1
Listing Agency: RE/MAX Access
Listed By: Steven Osiecki · License #RM420757
Source: Lizclarkrealestate
Added: Aug 28 Changed: Sep 3 Last Checked: Sep 2 at 9:16PM

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 RE/MAX Access

Investment Insights

Based on property information with market context.

This apartment building contains 8 units, including 6 one-bedroom apartments and 2 studio units. The property has undergone a renovation and includes four garages, which are currently vacant.

Built in 1900, the building is legally zoned for its 8-unit configuration and is located in Philadelphia, Pennsylvania.

Key Highlights

  • 8‑unit apartment building
  • Unit mix includes 6 one‑bedroom apartments and 2 studios
  • Renovated building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Computer & Electronic Repair 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,530
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with a varied unit mix and four vacant garages.
Where is this apartment building located?
The property is located at 2020 E MADISON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 8‑unit apartment building; Unit mix includes 6 one‑bedroom apartments and 2 studios; Renovated building
More about this property
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