Multifamily Investment
For Sale
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2209 W Tioga St, Philadelphia, PA 19140
Five-unit property with redevelopment potential in growing neighborhood.
Property Size4,240 SF
Price / SF$88.44
Days on Market149
Property Features for 2209 W Tioga St
General Information
Standard status
Active
Size
4,240 SF
Property subtype
Multifamily
Zoning
RSA3
Building Details
Year Built
1925
Buildings
1
Stories
3
Units
5
Listing Agency:
McCann Commercial Real Estate
Listed By:
Josh Pagan · License #PA343730
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 12 at 4:16AM
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 McCann Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 2209 W Tioga Street is a five-unit multifamily building located in a neighborhood experiencing ongoing redevelopment and growth. The building contains four 1-bedroom units and one 2-bedroom unit. Each unit has separate gas meters, electric panels, hot water heaters, and individual air handlers. The property is currently cash flowing. One unit is vacant and undergoing renovations, presenting an opportunity to establish market rent. Modest upgrades to the remaining units could potentially increase rents and improve overall returns. The location is convenient to the Temple Hospital corridor along North Broad Street and the redevelopment surrounding the Budd facility. A park is located nearby. The property represents a value-add opportunity for investors seeking both income and upside. The property size is 4,240 square feet.
Key Highlights
- Cash flowing property with value‑add potential through rent increases.
- One vacant unit undergoing renovations provides immediate opportunity to establish market rent.
- Separate gas meters, electric panels, hot water heaters, and individual air handlers for each unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
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Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit property with redevelopment potential in growing neighborhood.
Where is this apartment building located?
The property is located at 2209 W Tioga St Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Cash flowing property with value‑add potential through rent increases.; One vacant unit undergoing renovations provides immediate opportunity to establish market rent.; Separate gas meters, electric panels, hot water heaters, and individual air handlers for each unit.
