Conversion-Ready Multifamily
For Sale
$449,900
3817 HAVERFORD Avenue, Philadelphia, PA 19104
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,943 SF
Lot Size0.07 Acres
Price / SF$231.55
Days on Market139
Property Features for 3817 HAVERFORD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
5
Parking features
Garage - Detached, Driveway
Interior features
Primary Bath(s)
Appliances
Built-In Microwave, Built-In Range, Dishwasher, Disposal, Washer, Dryer, Refrigerator
Subdivision
MANTUA
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
1,943 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7041
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1935
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Brian Figgs · License #RS343647
(610) 745-7884
Added: Mar 16
Changed: Jul 16
Last Checked: Aug 1 at 12:06AM
MLS# PAPH2593632
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 property is currently a single-family residence but is described as conversion-ready under RM-1 zoning to support a multi-unit setup. The home includes an unfinished basement with high ceilings and side windows, which the listing notes could be adapted for additional living space, along with an interior layout that the listing says could be reconfigured into two units upstairs. The second floor is described as four bedrooms with two full bathrooms.
Interior features include a covered front porch entry, an open living/dining/kitchen arrangement, and a kitchen with updated finishes including tile flooring, cabinetry, stainless steel appliances, and an island. The listing also states the home has new central HVAC and includes a washer and dryer.
Outside, the lot is described as approximately 32' x 100' with a patio, garage, and a driveway providing parking for 4–5 vehicles. The property is currently used as a rental, and the listing provides that it has been used primarily for student tenants, with rent noted at $2,450 per month.
Interior features include a covered front porch entry, an open living/dining/kitchen arrangement, and a kitchen with updated finishes including tile flooring, cabinetry, stainless steel appliances, and an island. The listing also states the home has new central HVAC and includes a washer and dryer.
Outside, the lot is described as approximately 32' x 100' with a patio, garage, and a driveway providing parking for 4–5 vehicles. The property is currently used as a rental, and the listing provides that it has been used primarily for student tenants, with rent noted at $2,450 per month.
Key Highlights
- Zoned RM‑1: currently a single‑family home with potential to convert into a multi‑unit residence
- 32' x 100' lot with options to build a new apartment building and build above the garage
- Unfinished basement with high ceilings and side windows, with potential for conversion into bedrooms
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 | $50.1k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $47.4k | $24.38 |
| − OpEx | −$14.2k | −$7.31 |
| NOI | $33.2k | $17.06 |
1,943 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$473.7K
$414.5K – $552.6K
NOI $33,157 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$436.6K
$382.0K – $509.4K
NOI $30,562 @ 7.0% cap · market cap 6.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,686
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?
Single family property - Single-family home with zoning RM-1, central HVAC, and a large unfinished basement for potential conversion into multiple units.
Where is this single family property located?
The property is located at 3817 HAVERFORD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Zoned RM‑1: currently a single‑family home with potential to convert into a multi‑unit residence; 32' x 100' lot with options to build a new apartment building and build above the garage; Unfinished basement with high ceilings and side windows, with potential for conversion into bedrooms
