Search
11-Unit Multifamily Portfolio

4215 SALEM ST, Philadelphia, PA 19124

For Sale
Contact for pricing

Four Philadelphia residential properties combine apartment units with a single-family rowhome.

Property SizeContact for details
Days on Market58

Property Features for 4215 SALEM ST

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $104,457

Financials

Asking Price $1,000,000
Cap Rate 10.45%
Gross Income $130,800

Site & Location

Neighborhood Kensington
Public Transit Yes

Units

Unit Mix 10 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 11

Building Details

Buildings 4
Listing Agency: Longlong Zhan Real Estate Investment
Listed By: Zhan Su
Source: Crexi
Added: Sep 16 Changed: Nov 3 Last Checked: Nov 12 at 8:23AM

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 Longlong Zhan Real Estate Investment

Rey
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.

The Salem Street portfolio consists of four residential properties: 4215 Salem St, 4219 Salem St, 4221 Salem St, and 4223 Salem St. Together, they contain 11 units, including ten 1-bedroom/1-bathroom units and a 3-bedroom/1-bathroom single-family rowhome. The reported estimated NOI yield is 10.45%, with a gross rental yield of 13.08%.

The properties are described as having access to public transportation, shopping, restaurants, schools, and major roads in Philadelphia.

Key Highlights

  • Four residential properties on Salem Street in Philadelphia
  • 11 units across the portfolio
  • Ten 1 BR/1 BA units and one 3 BR/1 BA rowhome

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

1,546
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Philadelphia, PA

$223 Jul
$215 Aug
$212 Sep
$217 Oct

Properties on Market for Multifamily properties in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four Philadelphia residential properties combine apartment units with a single-family rowhome.
Where is this multifamily property located?
The property is located at 4215 SALEM ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four residential properties on Salem Street in Philadelphia; 11 units across the portfolio; Ten 1 BR/1 BA units and one 3 BR/1 BA rowhome
(610) 574-0988 · Office Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved