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Renovated 12-Unit Apartment Building
For Sale
Contact for pricing
Pending

948 N 8th St, Philadelphia, PA 19123

Fully renovated multifamily property with a varied one- and two-bedroom unit mix.

Property Size11,247 SF
Days on Market147

Property Features for 948 N 8th St

General Information

Standard status Pending
Size 11,247 SF
Property subtype Multifamily

Units

Unit Mix 4 x 1BR/1BA, 2 x 2BR/1BA, 6 x 2BR/2BA
Multifamily Units 12

Additional Details

Public Transit Yes

Building Details

Buildings 1
Listing Agency: GREA
Listed By: Isela Lares · License #PA
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Sep 4 at 2:43PM

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 GREA

Investment Insights

Based on property information with market context.

This 11,247-square-foot apartment building contains 12 renovated residential units arranged across three floor plans: four one-bedroom, one-bath residences, two two-bedroom, one-bath residences, and six two-bedroom, two-bath residences. The property’s earlier history as a school and artist lofts predates its current residential configuration.

Located in Philadelphia’s East Poplar area, the building is near Northern Liberties, neighborhood shops, and public transportation. The property also carries five years remaining on its tax abatement, providing an additional defined term associated with the current ownership structure.

Key Highlights

  • 12 renovated residential units
  • Unit mix includes 4 one‑bedroom, one‑bath units; 2 two‑bedroom, one‑bath units; and 6 two‑bedroom, two‑bath units
  • 11,247 SF apartment building

Property Analytics

Current Use

Pa Leadership Charter ... High School

Suggested Use

Top Pick Electrical Service Tanning Salon Buffet Butcher Clothing & Fashion Store Nursing Home

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

5,160
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
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 - Fully renovated multifamily property with a varied one- and two-bedroom unit mix.
Where is this apartment building located?
The property is located at 948 N 8th St Philadelphia, PA.
What are key features of this property?
This property features: 12 renovated residential units; Unit mix includes 4 one‑bedroom, one‑bath units; 2 two‑bedroom, one‑bath units; and 6 two‑bedroom, two‑bath units; 11,247 SF apartment building
More about this property
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