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

2532 2532-38 Alter St, Philadelphia, PA 19146

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

Property Size2,094 SF
Price / SF$1,241
Days on Market53

Property Features for 2532 2532-38 Alter St

General Information

Standard status Active
Size 2,094 SF
Property subtype Multi-Family

Site & Location

Neighborhood South Philadelphia

Units

Unit Mix 4 x 2BR/2.5BA, 4 x 2BR/2BA
Multifamily Units 8

Additional Details

Gross Income $192,600

Amenities

private rooftop deck
private rear patio
in-unit washer and dryer

Building Details

Year Built 2018
Buildings 4
Listing Agency: Realty Management Works LLC
Listed By: Billie Motto · License #RM425963
Source: Upgradebymichaud
Added: Sep 8 Changed: Oct 26 Last Checked: Oct 28 at 2:49PM

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

Rey
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Investment Insights

Based on property information with market context.

This multifamily portfolio includes four duplexes offered together, with a minimum purchase of three duplexes. Each property provides two residential units with open-concept layouts, hardwood flooring, quartz countertops, stainless steel appliances, and full-size in-unit washers and dryers. Upper-level residences include 2 bedrooms, 2.5 bathrooms, primary suites with en-suite baths, and private rooftop decks. Lower-level residences feature 2 bedrooms, 2 bathrooms, primary suites with en-suite baths, and private rear patios.

The properties are fully leased and positioned near the University of Pennsylvania, Drexel University, and Center City. Philadelphia employers, restaurants, shopping, and cultural attractions are also located nearby. The portfolio offers multiple duplex assets in a single transaction with newer interior finishes and outdoor amenities.

Key Highlights

  • Portfolio includes four duplexes; minimum purchase of three duplexes
  • Upper units feature 2 bedrooms, 2.5 bathrooms, and private rooftop decks
  • Lower units offer 2 bedrooms, 2 bathrooms, and private rear patios

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

8
Residential units

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
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

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 2532-38 Alter St 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: Portfolio includes four duplexes; minimum purchase of three duplexes; Upper units feature 2 bedrooms, 2.5 bathrooms, and private rooftop decks; Lower units offer 2 bedrooms, 2 bathrooms, and private rear patios
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