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Multifamily Apartment Building
For Sale
$1,995,000

6904 Rising Sun Ave, Philadelphia, PA 19140

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

Property SizeContact for details
Days on Market403

Property Features for 6904 Rising Sun Ave

General Information

Standard status Active
Occupancy 100%

Additional Details

Multifamily Units 16

Taxes and HOA fees

Annual Taxes $14,697

Building Details

Tenancy Multi
Listing Agency: Matlis Real Estate Services
Listed By: Michael Matlis
Source: Exprealty
Added: Jul 7, 2025 Changed: Aug 8 Last Checked: Aug 12 at 10:40AM

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 Matlis Real Estate Services

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

1,487
Businesses Nearby

Demographics for 19140, PA

52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
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 Ave 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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