Four-Unit Residential Quadplex

PHILADELPHIA, PA 19130 Philadelphia, PA 19130

Claim this Listing
For Sale
$675,000

MULTI_FAMILY - PHILADELPHIA, PA

Type:Townhouse
Property size:
2,718 SF
Price / SF:
$248/SF
Added:
Nov 21, 2025
Days on Market:
233
Last Refresh:
Jul 12 at 3:06 am

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Townhouse
Standard status
Active
Size
2,718 SF

Building Details

Year built
1920

Listing agent Andrew Kratz

Listing office BHHS Fox & Roach Center City-Art Museum PA

Listing date Nov 21, 2025

MLS# PAPH2561628

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

This four-unit quadplex offers a total of four existing apartments with individually metered utilities. The unit mix includes one studio, two one-bedroom apartments, and one 2-bedroom apartment. The property is described as having original details and includes a large deck.

The building is noted as having approximately 18 feet of width, with a lot depth of about 100 feet, and sits on a single block in Fairmount, Philadelphia.

The listing indicates current projected rents for each unit: the studio at $700, one-bedroom at $900, and two-bedroom apartments at $1,225 and $1,100, with 24-hour notice required for showings.

Key Highlights

  • Four‑unit (true quad) building built in 1920 in Fairmount
  • All units are separately metered
  • Unit mix: 1 studio, 2 one‑bedroom, and 1 two‑bedroom

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 $70.1k $25.80
− Vacancy −$3.9k −$1.42
EGI $66.3k $24.38
− OpEx −$19.9k −$7.31
NOI $46.4k $17.06
2,718 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$662.6K
$579.8K – $773.0K (±1% cap)
NOI $46,382 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$610.8K
$534.4K – $712.6K (±1% cap)
NOI $42,753 @ 7.0% cap · market cap 6.33%
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

FAQs

What type of property is this?
Quadplex - A four-unit quadplex with all units separately metered, featuring one studio, two one-bedrooms, and one two-bedroom.
Where is this quadplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four‑unit (true quad) building built in 1920 in Fairmount; All units are separately metered; Unit mix: 1 studio, 2 one‑bedroom, and 1 two‑bedroom
Contact an agent
More about this property
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