Six-Family Masonry Multifamily
For Sale
$1,450,000
916 CLINTON Street, Philadelphia, PA 19107
Multi-Family, PHILADELPHIA, PA
Property Size3,964 SF
Lot Size0.03 Acres
Price / SF$365.79
Days on Market51
Property Features for 916 CLINTON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Fireplace
1
Middle school
GENERAL GEORGE A. MCCALL
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,964 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
17225
Utilities
Heating system
Hot Water(Heating), Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1850
Number of units
1
Building materials
Masonry
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Vincent Tagliente · License #AB065013
(215) 454-2852
Added: Aug 27
Changed: Sep 21
Last Checked: Oct 16 at 2:06PM
MLS# PAPH2661684
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 916 Clinton Street in Philadelphia, this six-family multifamily property occupies approximately 3,964 square feet on a 0.03-acre parcel. Built in 1850 with masonry construction, the building retains historic architectural character while incorporating updated core systems. Interior features include a basement, hot-water and baseboard heating, window-unit cooling, and a fireplace.
The property is situated in Center City, near Pennsylvania Hospital and Jefferson. Its occupancy history is reported at 100%, with lease terms running into mid-2027. The combination of six residential units, established occupancy, and extended lease timing provides a clearly defined operating profile for multifamily ownership.
The property is situated in Center City, near Pennsylvania Hospital and Jefferson. Its occupancy history is reported at 100%, with lease terms running into mid-2027. The combination of six residential units, established occupancy, and extended lease timing provides a clearly defined operating profile for multifamily ownership.
Key Highlights
- Six‑family multifamily property at 916 Clinton Street
- 3,964 square feet on a 0.03‑acre parcel
- Masonry construction dating to 1850
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,352
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,040
$1.2M
Cap Rate 7%
$890,743
$890.7K
Cap Rate 9%
$692,800
$692.8K
Market Conditions
NOI Build-Up for 3,964 SF
Gross rent
$120.3K $30.36/SF
− Vacancy
−$7.0K −$1.76/SF
EGI
$113.4K $28.60/SF
− OpEx
−$51.0K −$12.87/SF
NOI
$62.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,040
Cap Rate 7%
$890,743
Cap Rate 9%
$692,800
Alternative Uses
Best Use
Apartment 5plus
$890.7K
$779.4K – $1.04M
NOI $62,352 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$966.4K
$845.6K – $1.13M
NOI $67,645 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
20,900
Businesses Nearby
Explore this area
Business Placement
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The property includes updated core systems, a basement, hot-water baseboard heat, and window-unit cooling.
Where is this apartment building located?
The property is located at 916 CLINTON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Six‑family multifamily property at 916 Clinton Street; 3,964 square feet on a 0.03‑acre parcel; Masonry construction dating to 1850
