Five-Unit Apartment
For Sale
$985,000
3627 POWELTON Avenue, Philadelphia, PA 19104
Multi-Family, PHILADELPHIA, PA
Property Size2,712 SF
Lot Size0.07 Acres
Price / SF$363.20
Days on Market194
Property Features for 3627 POWELTON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking
2
Parking features
Parking Lot
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
2,712 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
10754
Utilities
Heating system
Hot Water(Heating), Baseboard
Cooling system
Wall Unit(s)
Building Details
Year built
1915
Number of units
4
Building materials
Masonry
Architectural style
Colonial
Listing Agency:
Realty ONE Group Focus
(215) 396-8117
Listed By:
Nelson Sinanaj · License #RS361115
(267) 270-0814
Added: Apr 19
Changed: Oct 21
Last Checked: Oct 29 at 11:06PM
MLS# PAPH2609966
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 2,712-square-foot apartment building contains five units: four one-bedroom apartments and one two-bedroom apartment. The property is fully occupied and features masonry construction, Colonial architecture, hot-water and baseboard heating, wall-unit cooling, a parking lot, and a basement. Built in 1915, the building is offered in as-is condition.
The property is located at 3627 Powelton Avenue in Philadelphia’s University City area, within 10 minutes walking distance of Drexel University. The asset occupies 0.07 acres and carries a capitalization rate of over 6%.
The property is located at 3627 Powelton Avenue in Philadelphia’s University City area, within 10 minutes walking distance of Drexel University. The asset occupies 0.07 acres and carries a capitalization rate of over 6%.
Key Highlights
- Five‑unit apartment building with four one‑bedroom units and one two‑bedroom unit
- All 5 units are fully occupied
- 2,712 square feet on 0.07 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,658
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,160
$853.2K
Cap Rate 7%
$609,400
$609.4K
Cap Rate 9%
$473,978
$474.0K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$82.3K $30.36/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$77.6K $28.60/SF
− OpEx
−$34.9K −$12.87/SF
NOI
$42.7K $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%
$853,160
Cap Rate 7%
$609,400
Cap Rate 9%
$473,978
Alternative Uses
Best Use
Apartment 5plus
$609.4K
$533.2K – $711.0K
NOI $42,658 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$661.1K
$578.5K – $771.3K
NOI $46,280 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5,231
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied masonry apartment property with a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 3627 POWELTON Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Five‑unit apartment building with four one‑bedroom units and one two‑bedroom unit; All 5 units are fully occupied; 2,712 square feet on 0.07 acres
