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Arizona Lofts 28-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

4618 Leiper St, Philadelphia, PA 19124

Four nearby buildings provide efficiency, one-bedroom, and two-bedroom apartments with both subsidized and free-market tenancy.

Property SizeContact for details
Days on Market148

Property Features for 4618 Leiper St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 14 x Efficiency, 11 x 1BR, 3 x 2BR
Multifamily Units 28

Building Details

Buildings 4
Listing Agency: Bennett Williams Commercial
Listed By: Brady Carroll · License #PA RS318466
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 5 at 1:25AM

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 Bennett Williams Commercial

Investment Insights

Based on property information with market context.

Arizona Lofts comprises a 28-unit apartment portfolio across four buildings in Philadelphia’s Frankford neighborhood. The unit mix includes 14 efficiency units, 11 one-bedroom units, and 3 two-bedroom units. Ten units have been recently updated, while the properties are professionally managed and described as well maintained.

The portfolio is distributed among 4618 Leiper Street with 10 units, 4904-06 Penn Street with 12 units, 5022 Griscom Street with 4 units, and 4514 Penn Street with 2 units. Nineteen units carry subsidized housing program leases, and nine are occupied by free-market renters. Nearly 70% of total rental income is guaranteed through government programs.

Key Highlights

  • 28 apartment units across four properties in Philadelphia’s Frankford neighborhood
  • Unit mix includes 14 efficiency, 11 one‑bedroom, and 3 two‑bedroom apartments
  • 19 units use subsidized housing program leases; 9 units are free‑market

Property Analytics

Current Use

Arizona Lofts Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units

Location Intelligence

Trade Area within ½ mile

1,660
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four nearby buildings provide efficiency, one-bedroom, and two-bedroom apartments with both subsidized and free-market tenancy.
Where is this apartment building located?
The property is located at 4618 Leiper St Philadelphia, PA.
What are key features of this property?
This property features: 28 apartment units across four properties in Philadelphia’s Frankford neighborhood; Unit mix includes 14 efficiency, 11 one‑bedroom, and 3 two‑bedroom apartments; 19 units use subsidized housing program leases; 9 units are free‑market
(610) 291-9895 Call to check price and availability
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