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8-Unit Apartment Building
For Sale
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222 W Chew Avenue, Philadelphia, PA 19120

All residences have one bedroom and one bathroom, providing a consistent layout throughout the building.

Property SizeContact for details
Days on Market11

Property Features for 222 W Chew Avenue

General Information

Standard status Active
Net Rentable 5,000 SF
Property subtype Multifamily
Net Operating Income $31,614

Financials

Asking Price $675,000
Cap Rate 4.68%
Gross Income $86,400
Average Monthly Rent $900

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8
Listing Agency: Trophy Commercial Real Estate
Listed By: Saam Tashayyod · License #PA RM425803
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 26 at 7:06AM

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.

This Philadelphia apartment property contains eight residences, each configured with one bedroom and one bathroom. The building offers approximately 5,000 rentable square feet, with units averaging approximately 625 square feet, and continues in multifamily use. Current operations reflect a 4.68% going-in capitalization rate. Year 1 underwriting projects a 7.57% capitalization rate as rental income increases.

Key Highlights

  • Eight one‑bedroom, one‑bathroom apartments
  • Approximately 5,000 rentable square feet
  • Units average approximately 625 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Building Supply Gym & Fitness Center Parking Lot & Garage

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,528
Businesses Nearby

Demographics for 19120, PA

66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Apartment building - All residences have one bedroom and one bathroom, providing a consistent layout throughout the building.
Where is this apartment building located?
The property is located at 222 W Chew Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Eight one‑bedroom, one‑bathroom apartments; Approximately 5,000 rentable square feet; Units average approximately 625 square feet
(215) 608-5745 Call to check price and availability
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