1531 Green St - Apartments FOR SALE


Philadelphia, PA 19130- Fairmount-Art Museum
$1,375,000 USD
856-381-7884
1531 Green St, Philadelphia, PA for Sale
$1,375,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

1531 Green St
Philadelphia, PA 19130
Fairmount-Art Museum


HIGHLIGHTS

  • Highly Desirable Neighborhood
  • Walkable Urban Living
  • Historical Architecture & Investment Appeal

OVERVIEW

Prime Fairmount Art Museum Multifamily Opportunity **Fully Occupied Six Unit Building with Strong Income and Clear Value Add Potential**Located in the heart of Fairmount, one of Philadelphia’s most sought-after neighborhoods, 1531 Green Street is a stabilized six-unit multifamily asset offering both dependable cash flow and meaningful long-term upside. This turnkey property is 100% occupied with reliable tenants in place, generating $8627 in monthly rent. Current rents sit below market, creating a straightforward path for revenue growth through cosmetic upgrades, amenity enhancements, or strategic repositioning. Each unit is well maintained, and the building itself is structurally sound an ideal foundation for investors looking to elevate performance while minimizing operational risk. A standout feature of the property is its large private courtyard, an underutilized outdoor space with the potential to become a premium tenant amenity. The basement also presents an excellent value-add opportunity, suitable for storage units, co-working space, a fitness room, or a resident lounge—unlocking additional income streams in a high-demand rental corridor. The location is exceptional: steps from the Broad Street Line, and walkable to Center City, major universities, hospitals, and key employment hubs. With strong transit access and neighborhood desirability, this property offers consistent renter demand and long-term appreciation. Please see Offering Memorandum attached for current financial information.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

6

PRICE/UNIT

$229,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Occupied 6 Unit Art Museum Area

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R10

APN/PARCEL ID

881801000

ASK ABOUT THIS PROPERTY

Dawn VaralloBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-381-7884

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Dawn VaralloBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-381-7884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.