Four-Unit Residential
2914 POPLAR STREET Philadelphia, PA 19130
For Sale
$675,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,718 SF
Price / SF$248.34
Days on Market245
Property Features for 2914 POPLAR STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 2,718 SF
Building Details
- Year built
- 1920
Listing Agency:
BHHS Fox & Roach Center City-Art Museum
(215) 763-2100
Listed By:
Andrew Kratz
(215) 813-7993
Added: Nov 21, 2025
Changed: Jul 23
Last Checked: Jul 24 at 8:06AM
MLS# PAPH2561628
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit quadplex offers a total of four existing apartments with individually metered utilities. The unit mix includes one studio, two one-bedroom apartments, and one 2-bedroom apartment. The property is described as having original details and includes a large deck.
The building is noted as having approximately 18 feet of width, with a lot depth of about 100 feet, and sits on a single block in Fairmount, Philadelphia.
The listing indicates current projected rents for each unit: the studio at $700, one-bedroom at $900, and two-bedroom apartments at $1,225 and $1,100, with 24-hour notice required for showings.
The building is noted as having approximately 18 feet of width, with a lot depth of about 100 feet, and sits on a single block in Fairmount, Philadelphia.
The listing indicates current projected rents for each unit: the studio at $700, one-bedroom at $900, and two-bedroom apartments at $1,225 and $1,100, with 24-hour notice required for showings.
Key Highlights
- Four‑unit (true quad) building built in 1920 in Fairmount
- All units are separately metered
- Unit mix: 1 studio, 2 one‑bedroom, and 1 two‑bedroom
Financial Insights For Multifamily LT 5
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 | $70.1k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $66.3k | $24.38 |
| − OpEx | −$19.9k | −$7.31 |
| NOI | $46.4k | $17.06 |
2,718 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$662.6K
$579.8K – $773.0K
NOI $46,382 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$610.8K
$534.4K – $712.6K
NOI $42,753 @ 7.0% cap · market cap 6.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kevin McConnaughay, Technology ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Quadplex - A four-unit quadplex with all units separately metered, featuring one studio, two one-bedrooms, and one two-bedroom.
Where is this quadplex located?
The property is located at 2914 POPLAR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four‑unit (true quad) building built in 1920 in Fairmount; All units are separately metered; Unit mix: 1 studio, 2 one‑bedroom, and 1 two‑bedroom
