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Five-Unit Apartment Building with Expansion Potential
New
For Sale
$335,000

3637 N 19TH Street, Philadelphia, PA 19140

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,800 SF
Lot Size0.03 Acres
Price / SF$186.11
Days on Market2

Property Features for 3637 N 19TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,800 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 1909

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Ductless

Building Details

Year built 1930
Number of units 4
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Main Line · Keller Williams Realty
Listed By: Crystal De Stouet · License #RS331442
Added: Jul 31 Last Checked: Aug 1 at 7:06AM
MLS# PAPH2654622

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.

Five-unit apartment building on a masonry structure, built in 1930, with potential to expand to a sixth unit. The property has been fully updated with tenant-focused finishes, including hardwood flooring, contemporary kitchens and bathrooms, and stainless steel appliance packages. Ductless heating and cooling systems are included for year-round comfort.

Utilities are handled with separate metering for residents’ electric and gas, while the owner covers water and sewer. Parking is available via on-street parking. The building is situated in the Temple University neighborhood, with convenient access to Temple University, SEPTA bus and rail lines, major highways, and nearby restaurants and retail shopping.

At a compact site size of 0.0331 acres and 1,800 square feet, the property is positioned as a straightforward, modernized multifamily option for tenants drawn to the area’s schools, transit, and daily amenities.

Key Highlights

  • Five‑unit apartment building with potential to expand to a sixth unit
  • 0.0331‑acre site; 1,800 square feet
  • Masonry construction; built in 1930

Financial Insights For Apartment 5plus

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 $54.6k $30.36
− Vacancy −$3.2k −$1.76
EGI $51.5k $28.60
− OpEx −$23.2k −$12.87
NOI $28.3k $15.73
1,800 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$404.5K
$353.9K – $471.9K (±1% cap)
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 (±1% cap)
NOI $30,717 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Computer & Electronic Repair Cafe & Coffee Shop Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,054
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully updated five-unit apartment building with separately metered utilities and ductless heating and cooling.
Where is this apartment building located?
The property is located at 3637 N 19TH Street 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; 0.0331‑acre site; 1,800 square feet; Masonry construction; built in 1930
More about this property
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