Contemporary Apartment
For Sale
$1,200,000
920 N 15TH STREET, Philadelphia, PA 19130
Recently built multifamily property with central air, gas utilities, and an open-plan interior with modern kitchen features.
Property Size5,000 SF
Price / SF$240
Days on Market56
Property Features for 920 N 15TH STREET
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Residential Income
Zoning
RM1
Taxes and HOA fees
Annual Taxes
$3,639
Amenities
Central Air, Ceiling Fan(s), Gas
Natural Gas, Central
Oven, Cooktop, Gas Water Heater, Dishwasher, Disposal, Dryer, Indoor Grill, Refrigerator, Washer, Water Heater, Microwave, ENERGY STAR Qualified Refrigerator
Ceiling Fan(s), Kitchen Island, Recessed Lighting, Open Floorplan
On Street
Contemporary
Building Details
Building Size
5,000 SF
Year Built
2022
Listing Agency:
(267) 353-4123
Listed By:
Bob Kiziroglou
(267) 353-4123
Source:
Evrealestate
Added: Jun 10
Changed: Aug 4
Last Checked: Aug 4 at 5:12AM
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 Bob Kiziroglou
Investment Insights
Based on property information with market context.
This contemporary apartment building contains 5,000 square feet and was constructed in 2022. The property includes central air, ceiling fans, gas service, and a kitchen with an island, recessed lighting, and an open floorplan. Appliance features include a gas cooktop, oven, dishwasher, disposal, microwave, refrigerator, washer, dryer, and gas water heater, with an ENERGY STAR Qualified Refrigerator also included.
The property is located at 920 N 15th Street in Philadelphia, Pennsylvania 19130, near Girard Avenue and Cambridge Street. RM1 zoning is identified for the property, and exterior parking is provided on the street.
The property is located at 920 N 15th Street in Philadelphia, Pennsylvania 19130, near Girard Avenue and Cambridge Street. RM1 zoning is identified for the property, and exterior parking is provided on the street.
Key Highlights
- 5,000‑square‑foot apartment building constructed in 2022
- RM1 zoning in Philadelphia
- Central air, ceiling fans, and gas service
Financial Insights For Apartment 5plus
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 | $151.8k | $30.36 |
| − Vacancy | −$8.8k | −$1.76 |
| EGI | $143.0k | $28.60 |
| − OpEx | −$64.3k | −$12.87 |
| NOI | $78.6k | $15.73 |
5,000 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$983.1K – $1.31M
NOI $78,648 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,324 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Recently built multifamily property with central air, gas utilities, and an open-plan interior with modern kitchen features.
Where is this apartment building located?
The property is located at 920 N 15TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,000‑square‑foot apartment building constructed in 2022; RM1 zoning in Philadelphia; Central air, ceiling fans, and gas service
