6-Unit Apartment
New
For Sale
$1,100,000
2800 POPLAR Street, Philadelphia, PA 19130
Multi-Family, PHILADELPHIA, PA
Property Size3,600 SF
Lot Size0.03 Acres
Price / SF$305.56
Days on Market2
Property Features for 2800 POPLAR Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Subdivision
FAIRMOUNT
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
3,600 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
9314
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
Lutron lighting
basement laundry facilities
Building Details
Year built
1900
Number of units
4
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By:
Rachel B Rothbard · License #RS285103
(215) 923-7600
Added: Oct 22
Last Checked: Oct 23 at 6:06AM
MLS# PAPH2682130
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6-unit apartment building contains approximately 3,600 square feet, with each residence arranged as a one-bedroom, one-bathroom unit. All six apartments are occupied. Building features include Lutron lighting and basement laundry, with basement access through Bilco doors. The property was built in 1900 and has forced-air heat and central air conditioning.
The building occupies a corner site in Philadelphia, between the Fairmount and Brewerytown areas. On-street parking is listed, and the property includes additional rear space.
The building occupies a corner site in Philadelphia, between the Fairmount and Brewerytown areas. On-street parking is listed, and the property includes additional rear space.
Key Highlights
- Six occupied residential units, each with one bedroom and one bathroom
- Approximately 3,600 square feet in a corner building
- Basement laundry accessed through Bilco doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,626
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,520
$1.1M
Cap Rate 7%
$808,943
$808.9K
Cap Rate 9%
$629,178
$629.2K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$109.3K $30.36/SF
− Vacancy
−$6.3K −$1.76/SF
EGI
$103.0K $28.60/SF
− OpEx
−$46.3K −$12.87/SF
NOI
$56.6K $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%
$1,132,520
Cap Rate 7%
$808,943
Cap Rate 9%
$629,178
Alternative Uses
Best Use
Apartment 5plus
$808.9K
$707.8K – $943.8K
NOI $56,626 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$877.6K
$767.9K – $1.02M
NOI $61,434 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,660
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are occupied and share one-bedroom, one-bathroom layouts.
Where is this apartment building located?
The property is located at 2800 POPLAR Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six occupied residential units, each with one bedroom and one bathroom; Approximately 3,600 square feet in a corner building; Basement laundry accessed through Bilco doors
