531 E Indiana Ave, Philadelphia, PA 19134 | For Sale

Back to Search    

For Sale $334,888 ($144.22 per Sq Ft)

$334,888 ($144.22 per Sq Ft)
  • Not Rated
  • (0)
  • 4 Units
  • 2,322 Sq Ft
  • 918 Sq Ft
  • Unknown Cap Rate

Description

KENSINGTON QUARTERS: It is my distinguished honor to present to you Kensington Quarters, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 5 unit building nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. 4 of the 5 units are occupied and we are interviewing tenants for the 5th unit. The pro-forma and other financial analysis are available for review. The lease agreements are month-to-month and we project rental income could be increased. Unit 1 [1st Floor]: Studio: $600/month | Unit 2 [1st Floor]: 1 Bed/1 Bath: $600/month | Unit 3 [2nd Floor]: Studio: $750/month | Unit 4 [2nd Floor]: 1 Bed/1 Bath: $700/month | Unit 5 [3rd Floor]: 2 Bed/1 Bath: $950/month CAPITALIZATION RATE: Kensington Quarters has a capitalization rate of 11.13% with current rental income of $3,650 per month. PACKAGE DEAL: This property is to be sold separately or together in a package deal with 626 E. Allegheny Ave., a duplex listed for $169,000 & 3154 Reach St., a duplex listed for $125,000. Together, there are 9 units in 3 buildings FOR SALE. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington. QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking - Close to trolley, bus stops, the thoroughfares, L Blue Train - Multicultural cuisine & food establishment - Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards. Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.

Loading map...

Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $334,888
Property Type Other
Usable Sqft 2,322
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 871511630
MLS # PAPH2439226
Property ID 321402159
Lot Sqft 918
Zoning RM-1
Total Units 4
Days on Market 10
Original List Price Unknown
Date Updated April 03, 2025
Date Created March 30, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $43,800 $0
Net Income (Yr) $ 38,111
Cap Rate 11.13%

Listing Provided By

Minh Nguyen-Rivera an agent of . Lic #RS333589


© 2025 Copyright BRIGHT, All Rights Reserved

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 participates, and is provided by BRIGHT through a licensing agreement.

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.

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.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Information Deemed Reliable But Not Guaranteed



Data last updated: April 09, 2025.
$
%
Compare rates
%
CanvasJS.com
Your payment
$2,509
per month
CanvasJS.com
Estimated payment $2,509 /mo
Loan amount $334,888
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$2,509
per month

Amortization

CanvasJS.com

Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $507,673 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $2,342 $249 $2,093 $334,639
2 $2,342 $251 $2,091 $334,389
3 $2,342 $252 $2,090 $334,136
4 $2,342 $254 $2,088 $333,883
5 $2,342 $255 $2,087 $333,628
6 $2,342 $257 $2,085 $333,371
7 $2,342 $258 $2,084 $333,112
8 $2,342 $260 $2,082 $332,852
9 $2,342 $262 $2,080 $332,591
10 $2,342 $263 $2,079 $332,327
11 $2,342 $265 $2,077 $332,062
12 $2,342 $267 $2,075 $331,796
13 $2,342 $268 $2,074 $331,527
14 $2,342 $270 $2,072 $331,258
15 $2,342 $272 $2,070 $330,986
16 $2,342 $273 $2,069 $330,713
17 $2,342 $275 $2,067 $330,437
18 $2,342 $277 $2,065 $330,161
19 $2,342 $279 $2,064 $329,882
20 $2,342 $280 $2,062 $329,602
21 $2,342 $282 $2,060 $329,320
22 $2,342 $284 $2,058 $329,036
23 $2,342 $286 $2,056 $328,751
24 $2,342 $287 $2,055 $328,463
25 $2,342 $289 $2,053 $328,174
26 $2,342 $291 $2,051 $327,883
27 $2,342 $293 $2,049 $327,591
28 $2,342 $295 $2,047 $327,296
29 $2,342 $296 $2,046 $327,000
30 $2,342 $298 $2,044 $326,701
31 $2,342 $300 $2,042 $326,401
32 $2,342 $302 $2,040 $326,099
33 $2,342 $304 $2,038 $325,795
34 $2,342 $306 $2,036 $325,490
35 $2,342 $308 $2,034 $325,182
36 $2,342 $310 $2,032 $324,872
37 $2,342 $312 $2,030 $324,561
38 $2,342 $313 $2,029 $324,247
39 $2,342 $315 $2,027 $323,932
40 $2,342 $317 $2,025 $323,614
41 $2,342 $319 $2,023 $323,295
42 $2,342 $321 $2,021 $322,974
43 $2,342 $323 $2,019 $322,650
44 $2,342 $325 $2,017 $322,325
45 $2,342 $327 $2,015 $321,997
46 $2,342 $330 $2,012 $321,668
47 $2,342 $332 $2,010 $321,336
48 $2,342 $334 $2,008 $321,003
49 $2,342 $336 $2,006 $320,667
50 $2,342 $338 $2,004 $320,329
51 $2,342 $340 $2,002 $319,989
52 $2,342 $342 $2,000 $319,647
53 $2,342 $344 $1,998 $319,303
54 $2,342 $346 $1,996 $318,956
55 $2,342 $349 $1,993 $318,608
56 $2,342 $351 $1,991 $318,257
57 $2,342 $353 $1,989 $317,904
58 $2,342 $355 $1,987 $317,549
59 $2,342 $357 $1,985 $317,192
60 $2,342 $360 $1,982 $316,832
61 $2,342 $362 $1,980 $316,471
62 $2,342 $364 $1,978 $316,106
63 $2,342 $366 $1,976 $315,740
64 $2,342 $369 $1,973 $315,372
65 $2,342 $371 $1,971 $315,001
66 $2,342 $373 $1,969 $314,627
67 $2,342 $376 $1,966 $314,252
68 $2,342 $378 $1,964 $313,874
69 $2,342 $380 $1,962 $313,494
70 $2,342 $383 $1,959 $313,111
71 $2,342 $385 $1,957 $312,726
72 $2,342 $387 $1,955 $312,338
73 $2,342 $390 $1,952 $311,948
74 $2,342 $392 $1,950 $311,556
75 $2,342 $395 $1,947 $311,161
76 $2,342 $397 $1,945 $310,764
77 $2,342 $400 $1,942 $310,364
78 $2,342 $402 $1,940 $309,962
79 $2,342 $405 $1,937 $309,557
80 $2,342 $407 $1,935 $309,150
81 $2,342 $410 $1,932 $308,740
82 $2,342 $412 $1,930 $308,328
83 $2,342 $415 $1,927 $307,913
84 $2,342 $418 $1,924 $307,496
85 $2,342 $420 $1,922 $307,075
86 $2,342 $423 $1,919 $306,653
87 $2,342 $425 $1,917 $306,227
88 $2,342 $428 $1,914 $305,799
89 $2,342 $431 $1,911 $305,368
90 $2,342 $433 $1,909 $304,935
91 $2,342 $436 $1,906 $304,499
92 $2,342 $439 $1,903 $304,060
93 $2,342 $442 $1,900 $303,618
94 $2,342 $444 $1,898 $303,174
95 $2,342 $447 $1,895 $302,727
96 $2,342 $450 $1,892 $302,277
97 $2,342 $453 $1,889 $301,824
98 $2,342 $456 $1,886 $301,368
99 $2,342 $458 $1,884 $300,910
100 $2,342 $461 $1,881 $300,449
101 $2,342 $464 $1,878 $299,984
102 $2,342 $467 $1,875 $299,517
103 $2,342 $470 $1,872 $299,047
104 $2,342 $473 $1,869 $298,574
105 $2,342 $476 $1,866 $298,098
106 $2,342 $479 $1,863 $297,620
107 $2,342 $482 $1,860 $297,138
108 $2,342 $485 $1,857 $296,653
109 $2,342 $488 $1,854 $296,165
110 $2,342 $491 $1,851 $295,674
111 $2,342 $494 $1,848 $295,180
112 $2,342 $497 $1,845 $294,683
113 $2,342 $500 $1,842 $294,182
114 $2,342 $503 $1,839 $293,679
115 $2,342 $507 $1,835 $293,173
116 $2,342 $510 $1,832 $292,663
117 $2,342 $513 $1,829 $292,150
118 $2,342 $516 $1,826 $291,634
119 $2,342 $519 $1,823 $291,115
120 $2,342 $523 $1,819 $290,592
121 $2,342 $526 $1,816 $290,066
122 $2,342 $529 $1,813 $289,537
123 $2,342 $532 $1,810 $289,005
124 $2,342 $536 $1,806 $288,469
125 $2,342 $539 $1,803 $287,930
126 $2,342 $542 $1,800 $287,388
127 $2,342 $546 $1,796 $286,842
128 $2,342 $549 $1,793 $286,293
129 $2,342 $553 $1,789 $285,740
130 $2,342 $556 $1,786 $285,184
131 $2,342 $560 $1,782 $284,624
132 $2,342 $563 $1,779 $284,061
133 $2,342 $567 $1,775 $283,494
134 $2,342 $570 $1,772 $282,924
135 $2,342 $574 $1,768 $282,351
136 $2,342 $577 $1,765 $281,773
137 $2,342 $581 $1,761 $281,192
138 $2,342 $585 $1,757 $280,608
139 $2,342 $588 $1,754 $280,020
140 $2,342 $592 $1,750 $279,428
141 $2,342 $596 $1,746 $278,832
142 $2,342 $599 $1,743 $278,233
143 $2,342 $603 $1,739 $277,630
144 $2,342 $607 $1,735 $277,023
145 $2,342 $611 $1,731 $276,412
146 $2,342 $614 $1,728 $275,798
147 $2,342 $618 $1,724 $275,180
148 $2,342 $622 $1,720 $274,558
149 $2,342 $626 $1,716 $273,932
150 $2,342 $630 $1,712 $273,302
151 $2,342 $634 $1,708 $272,668
152 $2,342 $638 $1,704 $272,030
153 $2,342 $642 $1,700 $271,388
154 $2,342 $646 $1,696 $270,742
155 $2,342 $650 $1,692 $270,092
156 $2,342 $654 $1,688 $269,439
157 $2,342 $658 $1,684 $268,781
158 $2,342 $662 $1,680 $268,118
159 $2,342 $666 $1,676 $267,452
160 $2,342 $670 $1,672 $266,782
161 $2,342 $675 $1,667 $266,107
162 $2,342 $679 $1,663 $265,428
163 $2,342 $683 $1,659 $264,745
164 $2,342 $687 $1,655 $264,058
165 $2,342 $692 $1,650 $263,366
166 $2,342 $696 $1,646 $262,670
167 $2,342 $700 $1,642 $261,970
168 $2,342 $705 $1,637 $261,265
169 $2,342 $709 $1,633 $260,556
170 $2,342 $714 $1,628 $259,843
171 $2,342 $718 $1,624 $259,125
172 $2,342 $722 $1,620 $258,402
173 $2,342 $727 $1,615 $257,675
174 $2,342 $732 $1,610 $256,944
175 $2,342 $736 $1,606 $256,208
176 $2,342 $741 $1,601 $255,467
177 $2,342 $745 $1,597 $254,722
178 $2,342 $750 $1,592 $253,972
179 $2,342 $755 $1,587 $253,217
180 $2,342 $759 $1,583 $252,458
181 $2,342 $764 $1,578 $251,693
182 $2,342 $769 $1,573 $250,924
183 $2,342 $774 $1,568 $250,151
184 $2,342 $779 $1,563 $249,372
185 $2,342 $783 $1,559 $248,589
186 $2,342 $788 $1,554 $247,800
187 $2,342 $793 $1,549 $247,007
188 $2,342 $798 $1,544 $246,209
189 $2,342 $803 $1,539 $245,406
190 $2,342 $808 $1,534 $244,598
191 $2,342 $813 $1,529 $243,784
192 $2,342 $818 $1,524 $242,966
193 $2,342 $823 $1,519 $242,142
194 $2,342 $829 $1,513 $241,314
195 $2,342 $834 $1,508 $240,480
196 $2,342 $839 $1,503 $239,641
197 $2,342 $844 $1,498 $238,797
198 $2,342 $850 $1,492 $237,947
199 $2,342 $855 $1,487 $237,093
200 $2,342 $860 $1,482 $236,232
201 $2,342 $866 $1,476 $235,367
202 $2,342 $871 $1,471 $234,496
203 $2,342 $876 $1,466 $233,619
204 $2,342 $882 $1,460 $232,738
205 $2,342 $887 $1,455 $231,850
206 $2,342 $893 $1,449 $230,957
207 $2,342 $899 $1,443 $230,059
208 $2,342 $904 $1,438 $229,155
209 $2,342 $910 $1,432 $228,245
210 $2,342 $915 $1,427 $227,329
211 $2,342 $921 $1,421 $226,408
212 $2,342 $927 $1,415 $225,481
213 $2,342 $933 $1,409 $224,548
214 $2,342 $939 $1,403 $223,610
215 $2,342 $944 $1,398 $222,665
216 $2,342 $950 $1,392 $221,715
217 $2,342 $956 $1,386 $220,759
218 $2,342 $962 $1,380 $219,797
219 $2,342 $968 $1,374 $218,828
220 $2,342 $974 $1,368 $217,854
221 $2,342 $980 $1,362 $216,874
222 $2,342 $987 $1,355 $215,887
223 $2,342 $993 $1,349 $214,894
224 $2,342 $999 $1,343 $213,895
225 $2,342 $1,005 $1,337 $212,890
226 $2,342 $1,011 $1,331 $211,879
227 $2,342 $1,018 $1,324 $210,861
228 $2,342 $1,024 $1,318 $209,837
229 $2,342 $1,031 $1,311 $208,806
230 $2,342 $1,037 $1,305 $207,769
231 $2,342 $1,043 $1,299 $206,726
232 $2,342 $1,050 $1,292 $205,676
233 $2,342 $1,057 $1,285 $204,620
234 $2,342 $1,063 $1,279 $203,556
235 $2,342 $1,070 $1,272 $202,487
236 $2,342 $1,076 $1,266 $201,410
237 $2,342 $1,083 $1,259 $200,327
238 $2,342 $1,090 $1,252 $199,237
239 $2,342 $1,097 $1,245 $198,140
240 $2,342 $1,104 $1,238 $197,037
241 $2,342 $1,111 $1,231 $195,926
242 $2,342 $1,117 $1,225 $194,809
243 $2,342 $1,124 $1,218 $193,684
244 $2,342 $1,131 $1,211 $192,553
245 $2,342 $1,139 $1,203 $191,414
246 $2,342 $1,146 $1,196 $190,269
247 $2,342 $1,153 $1,189 $189,116
248 $2,342 $1,160 $1,182 $187,956
249 $2,342 $1,167 $1,175 $186,788
250 $2,342 $1,175 $1,167 $185,614
251 $2,342 $1,182 $1,160 $184,432
252 $2,342 $1,189 $1,153 $183,243
253 $2,342 $1,197 $1,145 $182,046
254 $2,342 $1,204 $1,138 $180,842
255 $2,342 $1,212 $1,130 $179,630
256 $2,342 $1,219 $1,123 $178,411
257 $2,342 $1,227 $1,115 $177,184
258 $2,342 $1,235 $1,107 $175,949
259 $2,342 $1,242 $1,100 $174,707
260 $2,342 $1,250 $1,092 $173,457
261 $2,342 $1,258 $1,084 $172,199
262 $2,342 $1,266 $1,076 $170,933
263 $2,342 $1,274 $1,068 $169,659
264 $2,342 $1,282 $1,060 $168,378
265 $2,342 $1,290 $1,052 $167,088
266 $2,342 $1,298 $1,044 $165,790
267 $2,342 $1,306 $1,036 $164,485
268 $2,342 $1,314 $1,028 $163,171
269 $2,342 $1,322 $1,020 $161,848
270 $2,342 $1,330 $1,012 $160,518
271 $2,342 $1,339 $1,003 $159,179
272 $2,342 $1,347 $995 $157,832
273 $2,342 $1,356 $986 $156,477
274 $2,342 $1,364 $978 $155,113
275 $2,342 $1,373 $969 $153,740
276 $2,342 $1,381 $961 $152,359
277 $2,342 $1,390 $952 $150,969
278 $2,342 $1,398 $944 $149,571
279 $2,342 $1,407 $935 $148,163
280 $2,342 $1,416 $926 $146,747
281 $2,342 $1,425 $917 $145,323
282 $2,342 $1,434 $908 $143,889
283 $2,342 $1,443 $899 $142,446
284 $2,342 $1,452 $890 $140,995
285 $2,342 $1,461 $881 $139,534
286 $2,342 $1,470 $872 $138,064
287 $2,342 $1,479 $863 $136,585
288 $2,342 $1,488 $854 $135,096
289 $2,342 $1,498 $844 $133,599
290 $2,342 $1,507 $835 $132,092
291 $2,342 $1,516 $826 $130,575
292 $2,342 $1,526 $816 $129,049
293 $2,342 $1,535 $807 $127,514
294 $2,342 $1,545 $797 $125,969
295 $2,342 $1,555 $787 $124,414
296 $2,342 $1,564 $778 $122,850
297 $2,342 $1,574 $768 $121,276
298 $2,342 $1,584 $758 $119,692
299 $2,342 $1,594 $748 $118,098
300 $2,342 $1,604 $738 $116,494
301 $2,342 $1,614 $728 $114,880
302 $2,342 $1,624 $718 $113,256
303 $2,342 $1,634 $708 $111,622
304 $2,342 $1,644 $698 $109,977
305 $2,342 $1,655 $687 $108,323
306 $2,342 $1,665 $677 $106,658
307 $2,342 $1,675 $667 $104,982
308 $2,342 $1,686 $656 $103,296
309 $2,342 $1,696 $646 $101,600
310 $2,342 $1,707 $635 $99,893
311 $2,342 $1,718 $624 $98,175
312 $2,342 $1,728 $614 $96,447
313 $2,342 $1,739 $603 $94,708
314 $2,342 $1,750 $592 $92,958
315 $2,342 $1,761 $581 $91,197
316 $2,342 $1,772 $570 $89,425
317 $2,342 $1,783 $559 $87,642
318 $2,342 $1,794 $548 $85,847
319 $2,342 $1,805 $537 $84,042
320 $2,342 $1,817 $525 $82,225
321 $2,342 $1,828 $514 $80,397
322 $2,342 $1,840 $502 $78,558
323 $2,342 $1,851 $491 $76,707
324 $2,342 $1,863 $479 $74,844
325 $2,342 $1,874 $468 $72,970
326 $2,342 $1,886 $456 $71,084
327 $2,342 $1,898 $444 $69,186
328 $2,342 $1,910 $432 $67,276
329 $2,342 $1,922 $420 $65,355
330 $2,342 $1,934 $408 $63,421
331 $2,342 $1,946 $396 $61,476
332 $2,342 $1,958 $384 $59,518
333 $2,342 $1,970 $372 $57,548
334 $2,342 $1,982 $360 $55,566
335 $2,342 $1,995 $347 $53,571
336 $2,342 $2,007 $335 $51,564
337 $2,342 $2,020 $322 $49,544
338 $2,342 $2,032 $310 $47,512
339 $2,342 $2,045 $297 $45,467
340 $2,342 $2,058 $284 $43,409
341 $2,342 $2,071 $271 $41,338
342 $2,342 $2,084 $258 $39,254
343 $2,342 $2,097 $245 $37,158
344 $2,342 $2,110 $232 $35,048
345 $2,342 $2,123 $219 $32,925
346 $2,342 $2,136 $206 $30,789
347 $2,342 $2,150 $192 $28,639
348 $2,342 $2,163 $179 $26,476
349 $2,342 $2,177 $165 $24,300
350 $2,342 $2,190 $152 $22,110
351 $2,342 $2,204 $138 $19,906
352 $2,342 $2,218 $124 $17,688
353 $2,342 $2,231 $111 $15,457
354 $2,342 $2,245 $97 $13,211
355 $2,342 $2,259 $83 $10,952
356 $2,342 $2,274 $68 $8,678
357 $2,342 $2,288 $54 $6,391
358 $2,342 $2,302 $40 $4,089
359 $2,342 $2,316 $26 $1,772
360 $2,342 $2,331 $11 $0


Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Similar Properties

Real Estate Broker
Santa Monica, CA
WE ARE REALTY PARTNER
5
  • Five Stars
7 Reviews
  • 69Sales
  • 16Listings
  • 36Posts
Contact Agent Schedule a Showing

Write an Offer
Love This Property

people love this property

Love This Property

Mpgyi