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1238 N 28th St 15 Unit Apartment Building $3,800,000 ($253,333/Unit) 6.32% Cap Rate Philadelphia, PA 19121

Apartment Buildings Pennsylvania Philadelphia 1238 N 28th St, Philadelphia, PA 19121

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Executive Summary

EMAIL LUCIANO121973@GMAIL.COM FOR SHOWINGS AND ANY QUESTIONS.

Property Facts

Price $3,800,000 Apartment Style Low-Rise
Price Per Unit $253,333 Building Class B
Sale Type Investment Building Size 6,300 SF
Cap Rate 6.32% Average Occupancy 100%
Sale Condition 1031 Exchange No. Stories 3
Gross Rent Multiplier 12 Year Built 2012
No. Units 15 Parking Ratio 2.38/1,000 SF
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype
Apartment
  • Multifamily Dormitory
Zoning RM1 - a residential multi-family district that allows for moderate- to high-density multi-unit residential buildings
Price $3,800,000
Price Per Unit $253,333
Sale Type Investment
Cap Rate 6.32%
Sale Condition 1031 Exchange
Gross Rent Multiplier 12
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Building Size 6,300 SF
Average Occupancy 100%
No. Stories 3
Year Built 2012
Parking Ratio 2.38/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning RM1 - a residential multi-family district that allows for moderate- to high-density multi-unit residential buildings

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Kitchen
  • Sprinkler System
  • Range
  • Freezer
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Elevator
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 15 - -
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Source: Local Logic®

Property Taxes

Parcel Number 888290572 Improvements Assessment $178,900
Land Assessment $33,900 Total Assessment $212,800

Property Taxes

Parcel Number
888290572
Land Assessment
$33,900
Improvements Assessment
$178,900
Total Assessment
$212,800
(610) 203-6662

Still interested?

Contact the broker for more information about this property

Contact

  • Lou Felice
    Lou Felice
  • Lou Felice

  • Listing ID: 40950986

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 1238 N 28th St, Philadelphia, PA 19121

The Brewerytown Multifamily Property at 1238 N 28th St, Philadelphia, PA 19121 is currently available. Contact Lou Felice for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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1238 N 28th St
(610) 203-6662 x

1238 N 28th St

Lou Felice
(610) 203-6662

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