11-Unit Multifamily
For Sale
Contact for pricing
4215 SALEM ST, Philadelphia, PA 19124
Four Philadelphia residential properties combine apartment units with a single-family rowhome.
Property SizeContact for details
Days on Market11
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
Units
Unit Mix
10 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
11
Additional Details
Public Transit
Yes
Building Details
Buildings
4
Listing Agency:
Longlong Zhan Real Estate Investment
Listed By:
Zhan Su · License #PA
(610) 574-0988
Source:
Crexi
Added: Sep 16
Changed: Sep 24
Last Checked: Sep 26 at 5:32AM
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
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.
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
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Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
1,546
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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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
