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321 East Price Street, Philadelphia, PA, 19144
5-Unit Multifamily with Detached Garage

321 East Price Street Philadelphia, PA 19144

For Sale
$350,000

Three-story 5-unit building with separate electric meters, hardwired fire alarm, and a private driveway leading to a detached 3-car garage.

Property Size3,322 SF
Price / SF$105.36
Days on Market86

Property Features for 321 East Price Street

General Information

Standard status
Active
Size
3,322 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1926
Listing Agency: Quality Real Estate-Broad St
Listed By: Celenia Martinez · License #RS331750
Source: Compass
Added: Apr 30 Changed: Jul 23 Last Checked: Jul 23 at 7:57AM

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 Quality Real Estate-Broad St


Investment Insights

Based on property information with market context.

This three-story, 5-unit multifamily building is currently fully occupied except for a first-floor rear unit that is vacant. The property has been producing $3,200 per month, not including the vacant unit, and includes a recently updated 1-bedroom, 1-bath apartment with estimated rent potential of $750–$900 per month. Cosmetic updates and minor repairs are required to bring the vacant unit back to income-ready condition.

All tenants are on month-to-month leases and have expressed interest in renewing or staying. Each unit has separate electric meters, and a hardwired fire alarm system is already in place. The building also features a spacious front porch, lawn, rear yard, and a private driveway that leads to a detached 3-car garage.

The subject property offers a straightforward 5-unit configuration with individualized metering and fire life-safety equipment, making it well-suited for an investor or owner-operator looking to manage an income-producing residential rental building.

Key Highlights

  • 3‑story, 5‑unit building generating $3,200/month (excluding the first‑floor rear unit, currently vacant)
  • Recently updated 1BD/1BA vacant unit has estimated rent potential of $750–$900/month
  • All tenants on month‑to‑month leases and reportedly interested in staying or renewing

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Electrical Service HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Building Supply Carpet & Flooring Store Accounting Firm Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three-story 5-unit building with separate electric meters, hardwired fire alarm, and a private driveway leading to a detached 3-car garage.
Where is this apartment building located?
The property is located at 321 East Price Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3‑story, 5‑unit building generating $3,200/month (excluding the first‑floor rear unit, currently vacant); Recently updated 1BD/1BA vacant unit has estimated rent potential of $750–$900/month; All tenants on month‑to‑month leases and reportedly interested in staying or renewing
More about this property
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