Financial
Distress signals
Property profile

1705 W Erie Ave Philadelphia, PA 19140

FOR SALE
Quadplexes
Property ID
US73-5429636
2,759 SF 0.04 ac lot Built 1930
Last sale Sep 2017 · $245,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

1705 W Erie Ave in Philadelphia, Pennsylvania is a five-unit residential building located in the 19140 area. The unit mix consists of two two-bedroom units, two one-bedroom units, and one studio unit. The building has a diversified layout designed for multiple separate residences within a single structure, with four of the five units historically reported as rented. The property’s setting provides access to nearby amenities, public transportation, and local cultural attractions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$371k
Assessed land$111k
Assessed improvement$260k
Effective rate1.40%

Value estimate

· Sep 2026
$380k
$342k – $418k
CAP approach$670k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$5k
Operating expenses−$36k
NOI · 21.70% cap applied$43k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$278/SF
Submarket average, outlier-cleaned · 880 recorded sales of this use type
Observed band · Q1–Q3$151 – $436
Qualifying comparables8

Cap rate analysis

How does the asset earn?
21.70%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RM1
The Residential Multi Family districts are primarily intended to accommodate moderate to high density, multi unit residential buildings i...
General categoryRESIDENTIAL
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm49.5
Realty agency47.8
Electrical Service15.5

Location

1705 W Erie Ave Philadelphia, PA 19140
County assessor Recorded deeds · 7 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
Active listings of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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