Listed price in listed location currency (USD).
$1,800,000

1641

MLS® PAPH2654562

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 1800 sqft
Garage Yes
Taxes $6,355
Days Active 5
Lot Size 0.05 Acres
Approx. Age 1981
Avg. Price Per Sqft $1,000
MLS® Number PAPH2654562

Property Address: 13020 Blakeslee Dr, PHILADELPHIA, PA, 19116-1048

Average square foot calculated using Size range provided by listing agent.

Description

OFF-MARKET | 8-UNIT MULTIFAMILY PORTFOLIO Somerton | Philadelphia, Pennsylvania Asking Price $1, 800, 000 Investment Highlights ● 8 residential units across 4 duplex buildings ● Portfolio includes: ● 13020 Blakeslee Drive ● 13022 Blakeslee Drive ● 13032 Blakeslee Drive ● 13034 Blakeslee Drive ● Each duplex features: ● Two 2-bedroom apartments ● Two private garages ● Individual laundry hookups ● Identical floor plans for efficient management ● Located in the highly desirable Somerton neighborhood of Northeast Philadelphia ● Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $175, 000 Annual Operating Expenses: Approximately $25, 000 Net Operating Income (NOI): Approximately $150, 000 Asking Price: $1, 800, 000 Cap Rate: Approximately 8.33% Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.
MLS® NumberPAPH2654562
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1981
BasementPartial
DrivewayAttached Garage
Garage Spaces
HeatCentral, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 31, 2026List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
13020 Blakeslee Dr, Philadelphia, PA

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