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Center City Multifamily Portfolio
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2027 Pine St, Philadelphia, PA 19103

29-unit multifamily portfolio in premier Center City locations.

Property SizeContact for details
Days on Market182

Property Features for 2027 Pine St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 95%
Investment Type Stabilized
Net Operating Income $539,031

Building Details

Buildings 5
Units 29
Listing Agency: Trophy Commercial Real Estate
Listed By: Saam Tashayyod · License #PA RM425803
Source: Crexi
Added: Feb 12 Changed: Aug 8 Last Checked: Aug 8 at 2:59PM

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 Trophy Commercial Real Estate

Investment Insights

Based on property information with market context.

The Pennbrook Portfolio is a 29-unit multifamily offering spread across five premier Center City addresses. The portfolio includes stabilized assets with strong in-place cash flow, desirable layouts, and excellent rental upside in one of Philadelphia’s most coveted submarkets. The buildings are located at 716 South Street, 716 S 2nd Street, 2027 Pine Street, 750–752 S Martin Street and 902 Spruce Street. The unit mix spans 1BR, 2BR, and 3BR layouts, plus a retail component occupied by a national franchise tenant with a newly exercised 5-year lease extension. The portfolio serves a diverse tenant base and offers walkable access to the city’s major employment, university, and cultural hubs.

Key Highlights

  • Strong in‑place cash flow from stabilized assets.
  • 29‑unit multifamily portfolio across five premier Center City addresses.
  • Excellent rental upside potential.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Electrical Service Clothing & Fashion Store Tattoo & Piercing Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16,339
Businesses Nearby

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
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 - 29-unit multifamily portfolio in premier Center City locations.
Where is this apartment building located?
The property is located at 2027 Pine St Philadelphia, PA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Strong in‑place cash flow from stabilized assets.; 29‑unit multifamily portfolio across five premier Center City addresses.; Excellent rental upside potential.
(215) 608-5745 Call to check price and availability
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