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Multifamily Apartment Building
For Sale
$1,995,000

6904 Rising Sun Avenue, Philadelphia, PA 19111

Total 16-unit building with 12 one-bedroom and four two-bedroom apartments, 100% occupied with separate utilities.

Property Size19,673 SF
Price / SF$101.41
Days on Market421

Property Features for 6904 Rising Sun Avenue

General Information

Standard status Active
Size 19,673 SF
Total Parking Spaces 18
Property subtype Commercial
Zoning RSA3
Occupancy 100%

Additional Details

Multifamily Units 16

Taxes and HOA fees

Annual Taxes $14,697

Amenities

Natural Gas
Yes
No
Public
United States
52.00 x 378.00
0.45
Assessor
Parking Lot
18
10000.00
315000.00

Building Details

Year Built 1960
Tenancy Multi
Listing Agency: New Age Realty Group Inc
Listed By: Julia Joyce-Hall · License #RB068072
Source: Thetristaterealestategroup
Added: Jul 7, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:45PM

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 New Age Realty Group Inc

Investment Insights

Based on property information with market context.

This for-sale multifamily apartment building totals 16 units, consisting of twelve one-bedroom apartments and four two-bedroom apartments. The property is reported to be 100% occupied, and each unit has separate utilities.

The listing describes a straightforward residential income profile with all units separately metered, supporting tenant independence for day-to-day utility service.

For buyers seeking an immediately occupied rental asset with a defined unit mix, the property’s current configuration provides a clear snapshot of the building’s income-generating apartments: 12 one-bedroom units and four two-bedroom units.

Key Highlights

  • Total 16‑unit multifamily building with 12 one‑bedroom and 4 two‑bedroom apartments
  • 100% occupied at the time of listing
  • All units have separate utilities

Property Analytics

Current Use

Hom Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Bakery Acupuncture Gym & Fitness Center

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

16
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,172
Businesses Nearby

Demographics for 19111, PA

67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Total 16-unit building with 12 one-bedroom and four two-bedroom apartments, 100% occupied with separate utilities.
Where is this apartment building located?
The property is located at 6904 Rising Sun Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Total 16‑unit multifamily building with 12 one‑bedroom and 4 two‑bedroom apartments; 100% occupied at the time of listing; All units have separate utilities
More about this property
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