USAPAPhiladelphiaFrancisville1535 Poplar Street
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New
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$975,000

For Sale

7 days ago

1535 Poplar Street, Philadelphia, PA

House

MLS® PAPH2673676

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $9,448
Days Active 8
Lot Size 0.04 Acres
Approx. Age 1915
MLS® Number PAPH2673676

Property Address: 1535 Poplar Street, PHILADELPHIA, PA, 19130

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

Description

1535 Poplar St. offers six units, full occupancy, and strong income in a convenient location making it a compelling opportunity to grow your investment portfolio. Combine this property with the fully occupied six-unit building next door at 1537 Poplar St. separately offered at 975k. The seller prefers to sell both properties together, creating an opportunity to acquire 12 units across two neighboring buildings for a combined asking price of $1, 950, 000. Together, the package produces $192, 276 annually, approximately $16, 000 per month in gross rental income. 1535 Poplar generates $95, 940 in annual gross rental income and features six one-bedroom, one-bathroom apartments. Each unit has been updated within the last five years, including new air conditioning units, and a 5 year old roof. Most units are leased on 12-month terms, with select apartments on shorter 3-6 month leases. Five of the six units are furnished, with furniture included in the sale, providing flexibility for a new owner to pursue either leasing approach as existing leases expire. Located in Francisville, close to Fairmount and the Philadelphia Museum of Art, the property combines neighborhood appeal with easy access to the city. Nearby Broad Street Line subway service provides a convenient commute into Center City, while proximity to Temple University, dining, and neighborhood amenities enhances its appeal to renters. These conveniences support leasing appeal and the potential for long-term tenant retention. Updated apartments, established occupancy, and flexible lease durations make this a standout portfolio opportunity or potential replacement property for an investor pursuing a 1031 exchange.
MLS® NumberPAPH2673676
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
Basement
DrivewayNone
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric

Extras

all appliances in as-is condition, all seller owned furnishings in as-is condition

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 5, 2026List Date
$975,000List Price
  • Commute

Commute

Starting Address
Destination Address
1535 Poplar Street, Philadelphia, PA

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