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Four-Duplex Multifamily Portfolio
For Sale
$2,600,000

2532-38 ALTER STREET, Philadelphia, PA 19146

Fully leased duplex portfolio with updated interiors, private outdoor spaces, and in-unit laundry.

Property Size2,094 SF
Days on Market15

Property Features for 2532-38 ALTER STREET

General Information

Standard status Active
Size 2,094 SF
Property subtype Triplex

Taxes and HOA fees

Annual Taxes $7,139

Building Details

Building Size 2,094 SF
Year Built 2018
Listing Agency: Realty Management Works LLC
Listed By: Billie Motto · License #RM425963
Source: Patmckennarealtors
Added: Jul 28 Changed: Aug 11 Last Checked: Aug 11 at 6:58AM

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 Realty Management Works LLC

Investment Insights

Based on property information with market context.

This portfolio includes four duplex properties, each containing an upper and lower residence. Upper units offer two bedrooms, two and one-half bathrooms, open-concept living areas, hardwood flooring, quartz countertops, stainless steel appliances, full-size in-unit laundry, primary suites with en-suite bathrooms, and private rooftop decks. Lower units provide two bedrooms, two bathrooms, open layouts, hardwood flooring, natural light, modern kitchens, full-size washers and dryers, primary suites with en-suite bathrooms, and private rear patios.

The properties are fully leased and located minutes from the University of Pennsylvania, Drexel University, and Center City. The portfolio is offered together, with a minimum purchase of three duplexes required. Current rent roll and lease terms are available upon request.

Key Highlights

  • Four duplexes offered as one portfolio; minimum purchase is three duplexes
  • Each duplex contains one upper unit and one lower unit
  • Upper residences include 2 bedrooms, 2.5 bathrooms, and private rooftop decks

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Tattoo & Piercing Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,804
Businesses Nearby

Demographics for 19146, PA

41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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?
Duplex - Fully leased duplex portfolio with updated interiors, private outdoor spaces, and in-unit laundry.
Where is this duplex located?
The property is located at 2532-38 ALTER STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Four duplexes offered as one portfolio; minimum purchase is three duplexes; Each duplex contains one upper unit and one lower unit; Upper residences include 2 bedrooms, 2.5 bathrooms, and private rooftop decks
More about this property
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