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For Sale

Listing description

OFF-MARKET | 8-UNIT MULTIFAMILY PORTFOLIO Somerton | Philadelphia, Pennsylvania Asking Price $1,800,000 Investment Highlights ● 8 residential units across 4 duplex buildings ● Portfolio includes: ● 13020 Blakeslee Drive ● 13022 Blakeslee Drive ● 13032 Blakeslee Drive ● 13034 Blakeslee Drive ● Each duplex features: ● Two 2-bedroom apartments ● Two private garages ● Individual laundry hookups ● Identical floor plans for efficient management ● Located in the highly desirable Somerton neighborhood of Northeast Philadelphia ● Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $175,000 Annual Operating Expenses: Approximately $25,000 Net Operating Income (NOI): Approximately $150,000 Asking Price: $1,800,000 Cap Rate: Approximately 8.33% Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.

Facts & features

Interior

Bedrooms
16
Bathrooms
8 full
Living area
1,800 sq ft
Heating
Central
Cooling
Central A/C

Property & construction

Property type
Residential · Twin/Semi-Detached
Architectural style
AirLite
Year built
1981

Lot & parking

Lot size
0.05 acres (2,178 sq ft)
Garage
1 space

Financial

Price / sq ft
$1,000
HOA dues
None

Listing details

MLS #
PAPH2654562
County
Philadelphia County
School district
Philadelphia City
Days on NookLocal
22 days

Interior features

Basement
Partial
Levels
2
Accessibility
None

Exterior & construction

Construction
Brick
Foundation
Brick/Mortar

Systems & utilities

Heating fuel
Natural Gas
Cooling fuel
Electric
Hot water
Natural Gas
Water source
Public
Sewer
Public Sewer

Parking

Parking
Attached Garage
Garage type
Garage - Front Entry
Total spaces
1

Community

Subdivision
PHILADELPHIA

Lot & zoning

Zoning
RSA3

Included in the sale

Possession
0-30 Days CD

Price history

DateEventPrice
Jul 31, 2026Listed for sale$1,800,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

Estimated taxes

Recorded property taxes: $6,355 (2026 bill as recorded in the MLS).

Estimated monthly payment calculator

$360,000 (20%)
6.43%

Loan term

Estimated monthly payment

$10,090/mo

Principal & interest
$9,036
Property taxes
$530
Home insurance (est.)
$525

Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Philadelphia City

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Philadelphia County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Philadelphia County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: August 22, 2026 at 2:13 PM EDT

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