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1945 W Hunting Park AvenuePhiladelphia, PA 19140

For Sale

$324,900

Smart Buyer Rebate - Ask

INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE
Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand.
The building consists of:
(3) One-bedroom units
(2) Studio units
Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments.
Highlights:
Prime commuter location near major arteries
Legal 5-unit building
Renovations already completed in majority of units
Strong cap rate in a developing market
Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.

Listed by Edward J. McDonald Jr.

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License #RS195849L

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Re/Max One Realty

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2154429388

Last updated October 22, 2025

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Source: BrightMLS #PAPH2528388

Listing Facts

  • TypeMulti-family
  • NeighborhoodNicetown
  • Days on Prevu25
  • Taxes$4,591/year
  • Size2,575 sqft
  • Price per sqft$126

Location

Mortgage Calculator

Listing History

10/22/2025
Price Decreased
$324,900
09/30/2025
Listed by Re/Max One Realty
$349,000

Property Details for 1945 W Hunting Park Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Average
  • Roof: Flat
  • Year Built: 1940
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.03
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,172
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.6
  • Operating Expense Includes: Insurance,Snow Removal,Trash

Taxes

  • Tax Annual Amount: $4,591.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No
  • Spa: No

Measurements

  • Living Area: 2,575
  • Living Area Source: Estimated

Rooms

  • Basement: Full
  • Has Basement: Yes

Other

Location

  • Tax Lot: 162

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Baseboard - Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.