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1BR Multifamily Unit with Deck
For Lease
$1,300/Mo

218 RIPKA STREET 3RD FL, Philadelphia, PA 19127

Third-floor one-bedroom, one-bath unit includes a private outdoor deck and shared coin-operated laundry in the basement.

Property Size700 SF
Days on Market14

Property Features for 218 RIPKA STREET 3RD FL

General Information

Standard status Active
Size 700 SF
Property subtype Apartment
Lease Type /mo

Amenities

outdoor deck
central A/C
washer/dryer (shared coin operated)

Building Details

Year Built 1920
Listing Agency: Compass Pennsylvania, LLC
Listed By: Lisa M Murphy · License #RS273368
Source: Cummingsrealtors
Added: Jul 18 Changed: Jul 28 Last Checked: Jul 31 at 5:03AM

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 Compass Pennsylvania, LLC

Investment Insights

Based on property information with market context.

Available third-floor one-bedroom, one-bath unit in a multifamily building. The unit includes an outdoor deck off the bedroom and central A/C. Washer and dryer are shared and coin-operated, located in the basement with an outside entrance.

Tenant is responsible for electric, gas, and internet. A monthly fee for water/sewer/trash is $50, added to the rent and potentially subject to change depending on usage and/or service provider charges.

Pets are allowed on a case-by-case basis, with a $25 per month per pet fee for pets up to 20 lbs and a $50 per month per pet fee for pets 21–51 lbs, with a maximum of 2 pets. Pet restrictions are subject to the building’s pet policy.

Key Highlights

  • Third‑floor 1‑bedroom, 1‑bath unit in a building built in 1920
  • Private outdoor deck off the bedroom
  • Shared coin‑operated washer & dryer in the basement with an outside entrance

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Real Estate Agency

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

NNN (Triple Net)
Lease Type
$3.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,287
Businesses Nearby

Demographics for 19127, PA

6,929
Population
3,496
Households
2
Avg Household Size
29
Median Age
77%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
11,548
Density / Sq Mi
$99,792
Median Household Income
$73,061
Median Earnings
$1,765
Median Rent
$298,900
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$36.03 /SF/Yr
Avg Asking Price
$0.58–$64.33 /SF/Yr
Price Range
1,543 SF
Avg Space Size

This space is priced 38% below the average of $36.03 /SF/Yr.

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Third-floor one-bedroom, one-bath unit includes a private outdoor deck and shared coin-operated laundry in the basement.
Where is this multifamily property located?
The property is located at 218 RIPKA STREET 3RD FL Philadelphia, PA.
What is the lease rate?
The lease rate is $1,300 /Mo.
What are key features of this property?
This property features: Third‑floor 1‑bedroom, 1‑bath unit in a building built in 1920; Private outdoor deck off the bedroom; Shared coin‑operated washer & dryer in the basement with an outside entrance
More about this property
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