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1037 Crease St
Philadelphia, PA 19125
Multifamily Property For Sale · 5 Units

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Executive Summary

If you are looking for cash flow and location, stop scrolling! Located on a hidden block, just off Girard Ave & Frankford Ave in Philly's booming Fishtown neighborhood, 1037 Crease St offers a rare investment opportunity to own a unique set of 5 occupied, updated, trinity-style rentals. These homes are also deeded separately, so there is the chance of selling them individually in the future. There's one 2-bed, 2-bath unit, four 2-bed, 1-bath units, shared pay-per-use laundry, and an enclosed patio. Unit #A is the 2-bed, 2-bath with a private street entrance opening to a bright living room with modern floors. The lower level features a sleek kitchen fitted with white shaker cabinetry, a full suite of appliances (including a dishwasher), granite counters, a tile backsplash, and a pantry. The two upper levels each boast a sunlit bedroom and a modern full bathroom. A secure breezeway leads to the other units. At the center, #B, #C, and #D have similar layouts with the living room on the first level, the kitchen on the lower level, a bedroom and bathroom on the second level, and a bright, airy bedroom on the third level featuring tall vaulted ceilings and skylights. #E on the end is the largest unit and boasts a private roof deck. A laundry closet and a patio at the rear complete the property. 1037 Crease St's fantastic Fishtown location earns a Walk Score of 87! Popular restaurants, friendly shops, and lively entertainment fill the surrounding streets. Penn Treaty Park, Rivers Casino, and Northern Liberties are also nearby, along with easy access to public transit, I-95, and South Jersey. Schedule your showing today!

Property Facts

Price Per Unit $199,800
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.02 AC
Building Size 3,000 SF
Average Occupancy 80%
No. Stories 3
Year Built 1920
Opportunity Zone Yes
Zoning RSA5

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - 588 - 780

Property Taxes

Property Taxes

Parcel Number
181045910
Land Assessment
$44,000
Improvements Assessment
$176,000
Total Assessment
$220,000
  • Listing ID: 38103328

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 1037 Crease St, Philadelphia, PA 19125

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1037 Crease St

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