2017 Constructed Apartment
For Sale
Contact for pricing
502 Gerhard St, Philadelphia, PA 19128
Newer apartment building with two- and three-bedroom units, built in 2017 and supported by Philadelphia tax abatement.
Property SizeContact for details
Days on Market123
Property Features for 502 Gerhard St
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
2017
Listing Agency:
Walker & Dunlop, Inc Philadelphia
Listed By:
Seth Douglas · License #PA
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 12:18PM
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 Walker & Dunlop, Inc Philadelphia
Investment Insights
Based on property information with market context.
The Residences at 502 Gerhard is a newer-construction apartment building constructed in 2017 offering a mix of two- and three-bedroom apartments. The community features modern, luxury-style unit finishes and is structured as a residential income property with accommodations designed to serve a range of tenant needs.
The building is located in Philadelphia’s Roxborough-Manayunk neighborhood and is adjacent to an ACME grocery store. The property also sits near neighborhood amenities including a Planet Fitness gym and a Starbucks coffee shop, with access to multiple public transportation hubs intended to support convenient travel to major employment centers.
The Residences at 502 Gerhard has six years remaining on Philadelphia’s ten-year tax abatement.
The building is located in Philadelphia’s Roxborough-Manayunk neighborhood and is adjacent to an ACME grocery store. The property also sits near neighborhood amenities including a Planet Fitness gym and a Starbucks coffee shop, with access to multiple public transportation hubs intended to support convenient travel to major employment centers.
The Residences at 502 Gerhard has six years remaining on Philadelphia’s ten-year tax abatement.
Key Highlights
- Newer apartment building constructed in 2017
- Unit mix of two- and three‑bedroom apartments
- Six years remaining on Philadelphia’s 10‑year tax abatement
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,473
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newer apartment building with two- and three-bedroom units, built in 2017 and supported by Philadelphia tax abatement.
Where is this apartment building located?
The property is located at 502 Gerhard St Philadelphia, PA.
What are key features of this property?
This property features: Newer apartment building constructed in 2017; Unit mix of two- and three‑bedroom apartments; Six years remaining on Philadelphia’s 10‑year tax abatement
