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3206 W Dauphin Street

PHILADELPHIA, PA 19132
  • $845,000
  • STATUS: Active
  • ON SITE: 72 Days
  • ID#: PAPH2628532
Price Reduced
UPDATED: 79 min ago
$845,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

School District:

Description

Fully renovated 6-unit multifamily offering great cash flow and a strong cap rate rarely found in today's market. Approximately $96,600 gross scheduled income and $72,000 NOI deliver an 8.5%+ cap rate and 10%-12% cash-on-cash potential with conventional financing. The unit mix includes four (4) 1BR/1BA, one (1) 2BR/1BA, and one (1) 3BR/1BA — all featuring brand new construction with designer finishes throughout, delivering a turnkey asset that tenants are eager to call home. Location is a standout. Set on a quiet block surrounded by green, park-like open space, the property offers a peaceful residential feel while keeping tenants connected to the city. Major SEPTA bus routes are just steps from the front door, making commutes effortless. Ample on-street parking is consistently available day and night — a meaningful amenity that adds to tenant satisfaction and retention. 1-bedroom units have proven exceptionally easy to lease, with rental rates trending upward and continued demand showing no signs of slowing. Pro Forma available in listing documents. Whether you're a seasoned investor expanding your portfolio or entering the Philadelphia multifamily market, 3206 W Dauphin delivers the trifecta: new construction quality with exceptional design, strong income, and a location that keeps units leased. Don't miss this opportunity! FULL 10 YEAR TAX ABATEMENT. Agent has financial interest.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-14T13:56:58.487.
www.zimmermanteam.com/homes/177146851
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3206 W Dauphin Street PHILADELPHIA, PA 19132

  • Price: $845,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 79 min ago
  • ID#: PAPH2628532
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1915
Built
Neighborhood:
Strawberry Mansion
County:
Philadelphia
Area:
19132 (19132)
School District:
Philadelphia City
Property Description
Fully renovated 6-unit multifamily offering great cash flow and a strong cap rate rarely found in today's market. Approximately $96,600 gross scheduled income and $72,000 NOI deliver an 8.5%+ cap rate and 10%-12% cash-on-cash potential with conventional financing. The unit mix includes four (4) 1BR/1BA, one (1) 2BR/1BA, and one (1) 3BR/1BA — all featuring brand new construction with designer finishes throughout, delivering a turnkey asset that tenants are eager to call home. Location is a standout. Set on a quiet block surrounded by green, park-like open space, the property offers a peaceful residential feel while keeping tenants connected to the city. Major SEPTA bus routes are just steps from the front door, making commutes effortless. Ample on-street parking is consistently available day and night — a meaningful amenity that adds to tenant satisfaction and retention. 1-bedroom units have proven exceptionally easy to lease, with rental rates trending upward and continued demand showing no signs of slowing. Pro Forma available in listing documents. Whether you're a seasoned investor expanding your portfolio or entering the Philadelphia multifamily market, 3206 W Dauphin delivers the trifecta: new construction quality with exceptional design, strong income, and a location that keeps units leased. Don't miss this opportunity! FULL 10 YEAR TAX ABATEMENT. Agent has financial interest.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3750.00 Cooling Central A/CWindow Unit(s)Ceiling Fan(s) Flooring Luxury Vinyl Plank Heating 90% Forced AirBaseboard - Electric Heating YN Yes Net Square Feet 3500.00

Property Features

Acceptable Financing CashOtherVANegotiableConventional Accessibility Features None Annual Gross Expense 19398.00 Central Air YN Yes Cooling Fuel Electric Electric Expense 0.00 Elevators 0 Entry Level 1 Foundation Details Stone Gross Income 91770.00 Heating Fuel Electric Hot Water Electric Insurance Expense 4200.00 Maintenance Expense 2898.00 Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 72372.00 New Construction YN No Number Of Units Total 6 Operating Expense Includes InsuranceManagement FeesRepair/MaintenanceTrash Original MLSNumber 804991892552 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3397.00 Tax Lot 15 Total Actual Rent 96600.00 Trash Expense 500.00 Vacation Rental YN No Water Source Public Year Built Effective 2026 Zoning RM1

Listing courtesy of KW Empower: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-14T13:56:58.487.
 
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Peak Asset Realty
800 New Holland Ave Suite 271
Lancaster PA, 17602