Multifamily Income
2313 West Tioga Street Philadelphia, PA 19140
For Sale
$799,000
Pending
Residential income property for sale located in Philadelphia’s MLS Area 19140.
Property Size2,547 SF
Days on Market103
Property Features for 2313 West Tioga Street
General Information
- Standard status
- Pending
- Size
- 2,547 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
LPT Realty, LLC
(215) 273-3669
Listed By:
Maria Maria Quattrone Quattrone · License #RS281573
(215) 273-3669
Source:
Compass
Added: Apr 14
Changed: Jul 21
Last Checked: Jul 24 at 1:43PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This is a residential income multifamily property offered for sale in Philadelphia (MLS Area 19140). The listing reflects a total property size of 2,547.
The property is located at 2313 West Tioga Street in Philadelphia, Pennsylvania. The listing agent notes the school district name as PHILADELPHIA CITY, with the school district county ID provided in the remarks.
Additional details on unit mix, condition, and income are not included in the information provided.
The property is located at 2313 West Tioga Street in Philadelphia, Pennsylvania. The listing agent notes the school district name as PHILADELPHIA CITY, with the school district county ID provided in the remarks.
Additional details on unit mix, condition, and income are not included in the information provided.
Key Highlights
- Residential income property located in Philadelphia’s MLS Area 19140
- Year built: 1925
- Level entry accessibility feature (main level)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.3k | $30.36 |
| − Vacancy | −$4.5k | −$1.76 |
| EGI | $72.8k | $28.60 |
| − OpEx | −$32.8k | −$12.87 |
| NOI | $40.1k | $15.73 |
2,547 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$572.3K
$500.8K – $667.7K
NOI $40,063 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$620.9K
$543.3K – $724.4K
NOI $43,464 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Residential income property for sale located in Philadelphia’s MLS Area 19140.
Where is this multifamily property located?
The property is located at 2313 West Tioga Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Residential income property located in Philadelphia’s MLS Area 19140; Year built: 1925; Level entry accessibility feature (main level)
