Eight-Bedroom
New
For Sale
$749,000
3618 SPRING GARDEN Street, Philadelphia, PA 19104
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size3,330 SF
Lot Size0.05 Acres
Price / SF$224.92
Days on Market2
Property Features for 3618 SPRING GARDEN Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement, Dining Room
Parking features
On Street
Interior features
Bathroom - Tub Shower, Combination Dining/Living, Crown Moldings, Dining Area, Intercom, Recessed Lighting, Upgraded Countertops, Wood Floors
Appliances
Built-In Range, Cooktop, Dishwasher
Subdivision
POWELTON VILLAGE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,330 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
11745
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
crown moldings
engineered wood flooring
kitchen with built-in range and cooktop
tub shower combination
partially finished basement
porch
deck
landscaped rear yard
Building Details
Year built
1920
Number of units
4
Building materials
Masonry
Architectural style
Other
Listing Agency:
Liberty Real Estate
(215) 625-4725
Listed By:
Shen Huang · License #RS293639
(215) 346-6888
Added: Aug 3
Last Checked: Aug 4 at 3:06PM
MLS# PAPH2639270
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.
Investment Insights
Based on property information with market context.
This 3,330-square-foot quadplex at 3618 Spring Garden Street is a masonry multifamily property originally built in 1920, with a major renovation planned for 2025. The interior includes eight bedrooms, a combination dining and living area, crown moldings, wood floors, recessed lighting, upgraded countertops, and tub-shower bathrooms. A built-in range, cooktop, and dishwasher serve the kitchen, while central heating and central air provide building-wide climate systems.
The property includes a partially finished basement, porch, deck, landscaped rear and side yards, and on-street parking. It is permitted for residential household living in a multifamily configuration and is located in Philadelphia, Pennsylvania 19104. The 0.0474-acre parcel provides a compact urban setting for the existing residential improvements.
The property includes a partially finished basement, porch, deck, landscaped rear and side yards, and on-street parking. It is permitted for residential household living in a multifamily configuration and is located in Philadelphia, Pennsylvania 19104. The 0.0474-acre parcel provides a compact urban setting for the existing residential improvements.
Key Highlights
- 3,330 square feet of property size on a 0.0474‑acre parcel
- Eight bedrooms within the quadplex configuration
- Originally built in 1920 with a major renovation planned for 2025
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 | $85.9k | $25.80 |
| − Vacancy | −$4.7k | −$1.42 |
| EGI | $81.2k | $24.38 |
| − OpEx | −$24.4k | −$7.31 |
| NOI | $56.8k | $17.06 |
3,330 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$811.8K
$710.3K – $947.1K
NOI $56,826 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$748.3K
$654.7K – $873.0K
NOI $52,379 @ 7.0% cap · market cap 6.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,577
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Masonry multifamily property with central heating, central air, and a partially finished basement.
Where is this quadplex located?
The property is located at 3618 SPRING GARDEN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,330 square feet of property size on a 0.0474‑acre parcel; Eight bedrooms within the quadplex configuration; Originally built in 1920 with a major renovation planned for 2025
