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2400 W Montgomery Ave
Philadelphia, PA 19121
2400 WEST · Multifamily Property For Sale
·
8 Units
Investment Highlights
- TOP 10 USA MSA - RENT GROWTH - PHL
- TURNKEY NEW CONSTRUCTION MULTIFAMILY
- 10 YR TAX ABATEMENT
- TOP DESTINATION IN WORLD TO VISIT - 2026 - WSJ
- CORNER PROPERTY WITH COMMANDING PRESENCE
Executive Summary
2400 WEST is a turnkey 8-unit new build multifamily property (2025 vintage) on a hard corner in Philadelphia, Pennsylvania — the top destination in the world to visit in 2026 (WSJ) and a top-10 USA MSA for rent growth in 2026. Easy access to downtown Philly, Temple University, Museums District. This boutique apartment building features luxury vinyl plank flooring, stainless steel appliances, washer-dryer in-unit, sun-soaked interiors, sleek bathrooms and a panoramic skyline rooftop deck showcasing 360-degree views of PHL. 6.8% CAP. 10yr tax abatement through 2035. Enquire within for financials. Seize the opportunity to acquire prime commercial real estate in a major American metropolis TODAY.
Property Facts
| Price Per Unit | $219,375 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 6.80% | Building Size | 5,547 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM1 | ||
| Price Per Unit | $219,375 |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 5,547 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | RM1 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 881000491 | Improvements Assessment | $374,700 |
| Land Assessment | $66,100 | Total Assessment | $440,800 |
Property Taxes
Parcel Number
881000491
Land Assessment
$66,100
Improvements Assessment
$374,700
Total Assessment
$440,800
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Contact the Sale Advisor
2400 WEST | 2400 W Montgomery Ave