Four-Unit Quadplex with Heated
For Sale
$1,250,000
207 RECTOR STREET, Philadelphia, PA 19128
Quadplex with four two-bedroom, 2.5-bath units, each with a heated garage parking spot.
Property Size4,680 SF
Price / SF$267.09
Days on Market100
Property Features for 207 RECTOR STREET
General Information
Standard status
Active
Size
4,680 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Wissahickon
Building Details
Year Built
1925
Listing Agency:
Kershaw Real Estate
(215) 483-5717
Listed By:
Robert Enslin III · License #RS-192184-L
(267) 581-4266
Source:
Cummingsrealtors
Added: Jul 23
Changed: Oct 29
Last Checked: Oct 28 at 7:53AM
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 Kershaw Real Estate
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Investment Insights
Based on property information with market context.
This for-sale quadplex offers four separate units. Each unit is configured as a two-bedroom, 2.5-bath layout and includes California closets and hardwood floors. Parking is provided with a dedicated spot for each unit in a ground-floor heated garage. The units also feature views as described in the property remarks.
The property is located at 207 Rector Street in Philadelphia, PA 19128. The seller reports new HVAC units were installed approximately one year ago. Showings require 48-hour advance notice.
The property is located at 207 Rector Street in Philadelphia, PA 19128. The seller reports new HVAC units were installed approximately one year ago. Showings require 48-hour advance notice.
Key Highlights
- 1925‑built quadplex with 4 separate units, each offering 2 bedrooms and 2.5 baths
- Each unit includes a parking spot in the ground‑floor heated garage
- Units feature California closets and hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,864
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,280
$1.6M
Cap Rate 7%
$1,140,914
$1.1M
Cap Rate 9%
$887,378
$887.4K
Market Conditions
NOI Build-Up for 4,680 SF
Gross rent
$120.7K $25.80/SF
− Vacancy
−$6.7K −$1.42/SF
EGI
$114.1K $24.38/SF
− OpEx
−$34.2K −$7.31/SF
NOI
$79.9K $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 Rate 5%
$1,597,280
Cap Rate 7%
$1,140,914
Cap Rate 9%
$887,378
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$998.3K – $1.33M
NOI $79,864 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$1.05M
$920.2K – $1.23M
NOI $73,614 @ 7.0% cap · market cap 5.89%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,790
Businesses Nearby
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Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with four two-bedroom, 2.5-bath units, each with a heated garage parking spot.
Where is this quadplex located?
The property is located at 207 RECTOR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1925‑built quadplex with 4 separate units, each offering 2 bedrooms and 2.5 baths; Each unit includes a parking spot in the ground‑floor heated garage; Units feature California closets and hardwood floors
