Six-Unit Apartment Building with Roof
For Sale
$2,350,000
922-26 N 17th Street, Philadelphia, PA 19130
2017-built six-unit corner property with private balconies and a shared roof deck for tenant outdoor space.
Property Size9,504 SF
Lot Size0.07 Acres
Price / SF$247.26
Days on Market364
Property Features for 922-26 N 17th Street
General Information
Standard status
Active
Size
9,504 SF
Lot size
0.07 Acres
Property subtype
Multi-family
Lease Term
[]
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 4BR/3BA (bi-level, one with den), 2 x 2BR/2.5BA, 2 x 3BR/3.5BA
Multifamily Units
6
Amenities
roof deck
private balcony
Building Details
Year Built
2017
Buildings
1
Listing Agency:
KW Empower
(215) 607-6007
Listed By:
Michael R. McCann · License #AB049770L
Source:
Deepcreeklake
Added: Aug 2, 2025
Changed: Jul 29
Last Checked: Jul 30 at 5:24PM
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 KW Empower
Investment Insights
Based on property information with market context.
Modern six-unit multifamily building built in 2017, offering a mix of spacious layouts and tenant outdoor space. The property totals approximately 9,504 SF and sits on a 3,005 SF corner lot with 45 feet of frontage on 17th Street and 65 feet on W Harper Street, helping drive excellent natural light through oversized windows.
The unit mix includes (2) bi-level 4-bed, 3-bath units (one with an additional den), (2) 2-bed, 2.5-bath units, and (2) 3-bed, 3.5-bath units. Each unit features a private balcony. A shared 3,000+ SF roof deck tops the building and includes 360-degree skyline views.
A full 10-year tax abatement is in place and expires in 2027. The location is one block south of the Girard Avenue corridor, with proximity to the Broad Street Line, Temple University, and Center City.
The unit mix includes (2) bi-level 4-bed, 3-bath units (one with an additional den), (2) 2-bed, 2.5-bath units, and (2) 3-bed, 3.5-bath units. Each unit features a private balcony. A shared 3,000+ SF roof deck tops the building and includes 360-degree skyline views.
A full 10-year tax abatement is in place and expires in 2027. The location is one block south of the Girard Avenue corridor, with proximity to the Broad Street Line, Temple University, and Center City.
Key Highlights
- Built in 2017 six‑unit apartment building totaling approximately 9,504 SF
- 3,005 SF corner lot with 45 feet frontage on 17th Street and 65 feet on W Harper Street
- Private balconies across all units plus a shared 3,000+ SF roof deck
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 | $288.5k | $30.36 |
| − Vacancy | −$16.7k | −$1.76 |
| EGI | $271.8k | $28.60 |
| − OpEx | −$122.3k | −$12.87 |
| NOI | $149.5k | $15.73 |
9,504 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.14M
$1.87M – $2.49M
NOI $149,493 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.32M
$2.03M – $2.70M
NOI $162,185 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,556
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
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Frequently Asked Questions
What type of property is this?
Apartment building - 2017-built six-unit corner property with private balconies and a shared roof deck for tenant outdoor space.
Where is this apartment building located?
The property is located at 922-26 N 17th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Built in 2017 six‑unit apartment building totaling approximately 9,504 SF; 3,005 SF corner lot with 45 feet frontage on 17th Street and 65 feet on W Harper Street; Private balconies across all units plus a shared 3,000+ SF roof deck
