Residential Income
For Sale
$305,000
4018 HAVERFORD AVENUE, Philadelphia, PA 19104
RM1-zoned property with central air and forced-air natural gas heating.
Property Size1,442 SF
Price / SF$211.51
Days on Market23
Property Features for 4018 HAVERFORD AVENUE
General Information
Standard status
Active
Size
1,442 SF
Property subtype
Residential Income
Zoning
RM1
Site & Location
Neighborhood
Haverford North
Taxes and HOA fees
Annual Taxes
$5,340
Amenities
Central Air, Electric
Natural Gas, Forced Air
Electric Water Heater
Other
Building Details
Building Size
1,442 SF
Year Built
1915
Listing Agency:
New Age Realty Group Inc
Listed By:
Nicole Caprario · License #RS320794
(215) 387-1002
Source:
Evrealestate
Added: Oct 9
Changed: Oct 31
Last Checked: Oct 30 at 2:34PM
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 New Age Realty Group Inc
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Investment Insights
Based on property information with market context.
This residential income property in Philadelphia offers 1,442 square feet of space. Built in 1915, it has central air, forced-air heating fueled by natural gas, and an electric water heater. The property is zoned RM1.
Key Highlights
- 1,442 square feet of property
- Built in 1915
- RM1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,682
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,640
$453.6K
Cap Rate 7%
$324,029
$324.0K
Cap Rate 9%
$252,022
$252.0K
Market Conditions
NOI Build-Up for 1,442 SF
Gross rent
$43.8K $30.36/SF
− Vacancy
−$2.5K −$1.76/SF
EGI
$41.2K $28.60/SF
− OpEx
−$18.6K −$12.87/SF
NOI
$22.7K $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%
$453,640
Cap Rate 7%
$324,029
Cap Rate 9%
$252,022
Alternative Uses
Best Use
Apartment 5plus
$324.0K
$283.5K – $378.0K
NOI $22,682 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$351.5K
$307.6K – $410.1K
NOI $24,608 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
4,762
Businesses Nearby
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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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Frequently Asked Questions
What type of property is this?
Residential income property - RM1-zoned property with central air and forced-air natural gas heating.
Where is this residential income property located?
The property is located at 4018 HAVERFORD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1,442 square feet of property; Built in 1915; RM1 zoning
