4215 Salem Street | Image 1
New
4215 Salem Street | Image 2
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4215 Salem Street | Image 7

$1,000,000

For Sale

2 hours ago

4215 Salem Street, Philadelphia, PA

House

MLS® PAPH2671322

13 Bed

11 Bath

6979 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 6979 sqft
Garage 
Taxes $2,383
Days Active 1
Lot Size 0.22 Acres
Approx. Age 1925
Avg. Price Per Sqft $143
MLS® Number PAPH2671322

Property Address: 4215 Salem Street, PHILADELPHIA, PA, 19124

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

Description

11-UNIT MULTIFAMILY PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1, 000, 000 Investment Highlights ● 4 residential properties ● Portfolio includes: ● 4215 Salem St: 4 Units, All 1 BR/1 BA ● 4219 Salem St: 3 BR/1 BA Single Family Rowhome ● 4221 Salem St: 4 Units, All 1 BR/1 BA ● 4223 Salem St: 2 Units, Both 1 BR/1 BA. Convenient access to public transportationl, shopping, restaurants, schools, and major roads ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $130, 800 Annual Operating Expenses: Approximately $26, 343 Net Operating Income (NOI): Approximately $104, 457 Asking Price: $1, 000, 000 Estimated NOI Yield: 10.45%. Gross Rental Yield 13.08%. Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of 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. Investment highlights 11 Total Residential Units Strong rental demand in 19124 Value-add opportunity Adjacent lot included with 4215 Salem St Ideal portfolio for cash flow investors Prime location close to public transportation, major roads, shopping, and local amenities.
MLS® NumberPAPH2671322
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementFully Finished
DrivewayOff Street
Garage Spaces
HeatRadiator, Electric
A/CWindow Unit(s), Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 16, 2026List Date
$1,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
4215 Salem Street, Philadelphia, PA

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