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Apartment Building with Rooming Units
New
For Sale
$400,000

609-11 E Allegheny Avenue, Philadelphia, PA 19134

The building combines rooming accommodations, apartments, a studio, and office space across a multi-level layout.

Property Size4,350 SF
Price / SF$91.95
Days on Market3

Property Features for 609-11 E Allegheny Avenue

General Information

Standard status Active
Size 4,350 SF
Property subtype Multi-Family

Units

Unit Mix 16 x room, 1 x studio, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 19

Additional Details

Gross Income $132,000

Building Details

Year Built 1920
Listing Agency: Real of Pennsylvania
Listed By: Suzanne Shaheen · License #3247729
Source: Nesbitt
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:11AM

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 Real of Pennsylvania

Investment Insights

Based on property information with market context.

At 4,350 square feet, this multifamily building contains rooming accommodations on the basement and second floors, along with a studio and two apartments. The first floor also includes office space with a bathroom; the office is currently occupied by the owner. Shared bathrooms serve the rooming areas, and each room has an electric space heater.

The property has a fire alarm system and four fire exits. Two electrical meters provide 200 AMP service. A rubber roof was installed in 2018, and the sewer line was replaced in 2023. The building was constructed in 1920 and is located at 609-11 E Allegheny Avenue in Philadelphia.

Key Highlights

  • 4,350‑square‑foot multifamily building
  • Nine basement rooms, a studio with a full bathroom, and two full plus one half communal bathrooms
  • Second floor has eight rooms and two full communal bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Cafe & Coffee Shop Acupuncture

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

19
Residential units

Location Intelligence

Trade Area within ½ mile

3,366
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - The building combines rooming accommodations, apartments, a studio, and office space across a multi-level layout.
Where is this multifamily property located?
The property is located at 609-11 E Allegheny Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 4,350‑square‑foot multifamily building; Nine basement rooms, a studio with a full bathroom, and two full plus one half communal bathrooms; Second floor has eight rooms and two full communal bathrooms
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