North Philadelphia Investment Opportunity

810 W ROOSEVELT Boulevard Philadelphia, PA 19140

Claim this Listing
For Sale
$400,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:
1,872 SF
Lot size:
0.08 Acres
Price / SF:
$213/SF
Added:
Mar 16, 2026
Days on Market:
120
Last Refresh:
Jul 13 at 4:06 am

Property Features for 810 W ROOSEVELT Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,872 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
1401

Utilities

Heating system
Forced Air
Cooling system
Wall Unit(s), Window Unit(s)

Building Details

Year built
1930
Number of units
1
Building materials
Masonry, Brick
Architectural style
Other

Listing agent Ronald W Halbruner Jr. License #RS341208

Listing office Keller Williams Realty 409 Marlton Pike, Cherry Hill, PA

Listing date Mar 16, 2026

MLS# PAPH2585024 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in North Philadelphia, this four-unit property offers an opportunity for investors and contractors. The property is situated in a neighborhood with a history of active rental use and ongoing reinvestment. This property is being sold strictly as-is and has a total size of 1872 square feet on a lot of 0.0831 acres. The property is located in Philadelphia, Pennsylvania.

Key Highlights

  • 4‑unit rental property in North Philadelphia
  • Built in 1930
  • Construction materials include masonry and brick

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $48.3k $25.80
− Vacancy −$2.7k −$1.42
EGI $45.6k $24.38
− OpEx −$13.7k −$7.31
NOI $31.9k $17.06
1,872 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$456.4K
$399.3K – $532.4K (±1% cap)
NOI $31,945 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$420.7K
$368.1K – $490.8K (±1% cap)
NOI $29,446 @ 7.0% cap · market cap 7.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit property in active rental market, sold as-is.
Where is this quadplex located?
The property is located at 810 W ROOSEVELT Boulevard 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‑unit rental property in North Philadelphia; Built in 1930; Construction materials include masonry and brick
Contact an agent
More about this property
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