Tenant-Occupied Multifamily Property with
For Sale
$525,000
407 PIERCE ST, Philadelphia, PA 19148
Two income-producing components include a garage and remodeled apartment with updated building systems and tenant occupancy.
Property Size800 SF
Price / SF$656.25
Days on Market73
Property Features for 407 PIERCE ST
General Information
Standard status
Active
Size
800 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Additional Details
Multifamily Units
1
Amenities
eat-in kitchen
granite countertops
tile backsplash
newer appliances
gas range
hardwood floors
central air conditioning
recessed lighting
ample storage
Building Details
Year Renovated
2019
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Real Estate - Media
(610) 565-1995
Listed By:
Angela Manzi · License #RS329052
(610) 405-2984
Source:
Sandrasellstheshore
Added: Aug 8
Changed: Oct 7
Last Checked: Oct 16 at 8:29AM
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 Real Estate - Media
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property combines a tenant-occupied multi-vehicle garage with a second-floor apartment. The garage accommodates approximately four vehicles. The apartment was remodeled in 2019 and includes hardwood flooring, central air conditioning, recessed lighting, and an eat-in kitchen with granite countertops, tile backsplash, newer appliances, and a gas range. Storage and closet space support a practical residential layout, while an updated roof, HVAC system, and water heater add to the property’s improvements. The tenant supplies a washer and dryer and pays all utilities other than water.
Built in 1960, the property is located in South Philadelphia and includes two currently occupied components that provide rental income. The address is 407 Pierce St, Philadelphia, PA 19148.
Built in 1960, the property is located in South Philadelphia and includes two currently occupied components that provide rental income. The address is 407 Pierce St, Philadelphia, PA 19148.
Key Highlights
- Tenant‑occupied garage and second‑floor apartment
- Garage accommodates approximately four vehicles
- Second‑floor apartment remodeled in 2019
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two income-producing components include a garage and remodeled apartment with updated building systems and tenant occupancy.
Where is this multifamily property located?
The property is located at 407 PIERCE ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Tenant‑occupied garage and second‑floor apartment; Garage accommodates approximately four vehicles; Second‑floor apartment remodeled in 2019
