Multifamily Property with Central
For Sale
$699,900
2614 N 7TH STREET, Philadelphia, PA 19133
Built in 2025 with finished interiors, electric appliances, and on-street parking.
Property Size3,300 SF
Price / SF$212.09
Days on Market133
Property Features for 2614 N 7TH STREET
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Residential Income
Zoning
RM1
Site & Location
Neighborhood
Lower Moyamensing
Taxes and HOA fees
Annual Taxes
$666
Amenities
Central Air, Electric
Electric, Forced Air
Finished
Electric Range, Electric Oven, Disposal, Microwave
On Street
Traditional
Building Details
Building Size
3,300 SF
Year Built
2025
Listed By:
Valerie Yosef
(215) 627-6005
Source:
Evrealestate
Added: Jun 24
Changed: Nov 1
Last Checked: Nov 1 at 5:13AM
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 Valerie Yosef
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Investment Insights
Based on property information with market context.
This multifamily property at 2614 N 7th Street in Philadelphia was built in 2025 and features finished interior space. Building systems include central air and electric forced-air heating, with electric service supporting the property’s appliances.
The property includes an electric range, electric oven, disposal, and microwave. On-street parking is available, and the exterior has a traditional design. It is located in Philadelphia County.
The property includes an electric range, electric oven, disposal, and microwave. On-street parking is available, and the exterior has a traditional design. It is located in Philadelphia County.
Key Highlights
- Built in 2025
- Central air and electric forced‑air systems
- Finished interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,907
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,140
$1.0M
Cap Rate 7%
$741,529
$741.5K
Cap Rate 9%
$576,744
$576.7K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$100.2K $30.36/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$94.4K $28.60/SF
− OpEx
−$42.5K −$12.87/SF
NOI
$51.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,140
Cap Rate 7%
$741,529
Cap Rate 9%
$576,744
Alternative Uses
Best Use
Apartment 5plus
$741.5K
$648.8K – $865.1K
NOI $51,907 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$804.5K
$703.9K – $938.6K
NOI $56,314 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,272
Businesses Nearby
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Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 2025 with finished interiors, electric appliances, and on-street parking.
Where is this multifamily property located?
The property is located at 2614 N 7TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Built in 2025; Central air and electric forced‑air systems; Finished interior space
