Updated Five-Unit Apartment
For Sale
$335,000
3637 N 19th St, Philadelphia, PA 19140
Renovated apartments feature modern finishes, separate utility metering, and ductless heating and cooling.
Property Size1,800 SF
Price / SF$186.11
Days on Market78
Property Features for 3637 N 19th St
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
North Philadelphia
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
5
Building Details
Year Built
1930
Buildings
1
Listing Agency:
Keller Williams Main Line
Listed By:
Crystal De Stouet · License #RS331442
(610) 520-0100
Source:
Upgradebymichaud
Added: Aug 9
Changed: Oct 13
Last Checked: Oct 24 at 9:56PM
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 Keller Williams Main Line
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Investment Insights
Based on property information with market context.
This five-unit apartment building at 3637 N 19th St includes renovated interiors with hardwood flooring, contemporary kitchens and bathrooms, stainless steel appliance packages, and ductless heating and cooling systems. The property is separately metered for electric and gas, while water and sewer remain owner-paid. A sixth unit may be added, subject to applicable approvals.
The building is located in Philadelphia’s Temple University neighborhood, with access to SEPTA bus and rail service, major highways, restaurants, retail shopping, and other neighborhood amenities. The surrounding setting supports proximity to Temple University and serves a mix of student, professional, and long-term residential demand.
The building is located in Philadelphia’s Temple University neighborhood, with access to SEPTA bus and rail service, major highways, restaurants, retail shopping, and other neighborhood amenities. The surrounding setting supports proximity to Temple University and serves a mix of student, professional, and long-term residential demand.
Key Highlights
- Five‑unit apartment building with potential to expand to a sixth unit
- Renovated apartments with hardwood flooring and contemporary kitchens and bathrooms
- Stainless steel appliance packages throughout the apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,313
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,260
$566.3K
Cap Rate 7%
$404,471
$404.5K
Cap Rate 9%
$314,589
$314.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$54.6K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$51.5K $28.60/SF
− OpEx
−$23.2K −$12.87/SF
NOI
$28.3K $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%
$566,260
Cap Rate 7%
$404,471
Cap Rate 9%
$314,589
Alternative Uses
Best Use
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$438.8K
$384.0K – $512.0K
NOI $30,717 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
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 - Renovated apartments feature modern finishes, separate utility metering, and ductless heating and cooling.
Where is this apartment building located?
The property is located at 3637 N 19th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Five‑unit apartment building with potential to expand to a sixth unit; Renovated apartments with hardwood flooring and contemporary kitchens and bathrooms; Stainless steel appliance packages throughout the apartments
