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Income-Generating Quadplex Investment
For Sale
$475,000

229 North 65th Street, Philadelphia, PA 19139

Four-unit quadplex with three updated 1-bedroom apartments plus one larger 3-bedroom unit and detached garage income.

Property Size5,000 SF
Price / SF$95
Days on Market54

Property Features for 229 North 65th Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Multi-Family / Fee Simple

Additional Details

Multifamily Units 4

Building Details

Year Built 1925
Tenancy Multi
Listing Agency: BHHS Fox & Roach-Cherry Hill
Listed By: Varda Yosef · License #0345309
Source: Compass
Added: Jun 10 Changed: Jul 21 Last Checked: Aug 1 at 11:29AM

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 BHHS Fox & Roach-Cherry Hill

Investment Insights

Based on property information with market context.

This income-producing quadplex offers four residential units, including three renovated 1-bedroom, 1-bath apartments and one spacious 3-bedroom, 3.5-bath unit. Three of the four units have been updated, while the remaining unit presents value-add opportunity through renovation.

The property also includes a large detached garage that generates additional rental income, supporting overall monthly income potential. Additional details provided in the listing indicate historical leasing performance for the residential units.

The building’s configuration is designed for rental operations with four separate residential units and an on-site detached garage for income generation.

Key Highlights

  • Four‑unit quadplex built in 1925 featuring three updated 1‑bedroom, 1‑bath units and one larger 3‑bedroom, 3.5‑bath unit
  • 1‑bedroom units have historically leased for $1,200–$1,500 per month; 3‑bedroom unit leased for $2,400 per month
  • Detached garage provides additional rental income, historically generating $1,200 per month

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service HVAC Service Gym & Fitness Center Travel 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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,721
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Four-unit quadplex with three updated 1-bedroom apartments plus one larger 3-bedroom unit and detached garage income.
Where is this quadplex located?
The property is located at 229 North 65th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1925 featuring three updated 1‑bedroom, 1‑bath units and one larger 3‑bedroom, 3.5‑bath unit; 1‑bedroom units have historically leased for $1,200–$1,500 per month; 3‑bedroom unit leased for $2,400 per month; Detached garage provides additional rental income, historically generating $1,200 per month
More about this property
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