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13-Unit Apartment Building
For Sale
$2,590,000

208 S 46th Street, Philadelphia, PA 19139

Thirteen self-contained 2-bedroom, 1-bath apartments in a corner location in University City.

Property SizeContact for details
Days on Market194

Property Features for 208 S 46th Street

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Site & Location

Neighborhood Walnut Hill

Additional Details

Multifamily Units 13

Building Details

Year Built 1930
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Nadia T Bilynsky · License #RS311101
Source: Deepcreeklake
Added: Apr 14 Changed: Oct 23 Last Checked: Oct 23 at 10:17AM

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 Mallin Panchelli Nadel Realty Inc

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Investment Insights

Based on property information with market context.

This 13-unit apartment building offers a consistent unit mix of (13) self-contained 2-bedroom, 1-bath residences. The property is presented as a value-add opportunity, with some upgrades and improvements offering the potential to increase rents. The current seller has owned the building for more than 15 years and reports a strong rental history during that time.

The building is located at a highly trafficked corner of S 46th St. and Market St. in University City, placing it in close proximity to local universities. The property is positioned for tenant demand tied to student housing.

All units are described as self-contained, supporting straightforward day-to-day occupancy and individual unit operations across the full 13-unit configuration.

Key Highlights

  • 13‑unit apartment building built in 1930
  • Thirteen self‑contained units with (13) 2‑bedroom / 1‑bath layouts
  • Corner location at the intersection of S 46th St. and Market St. in University City

Property Analytics

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Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

2,441
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Thirteen self-contained 2-bedroom, 1-bath apartments in a corner location in University City.
Where is this apartment building located?
The property is located at 208 S 46th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: 13‑unit apartment building built in 1930; Thirteen self‑contained units with (13) 2‑bedroom / 1‑bath layouts; Corner location at the intersection of S 46th St. and Market St. in University City
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