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MLS: #PAPH2613004, Listed By: Joseph Loonstyn, Scope Commercial Real Estate Services, Inc., Source:Bright MLS

3428 N 18th Street

PHILADELPHIA, PA 19140
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Acres0.46

Acre(Lot)

3428 N 18th Street, “The Oasis,” is a multifamily development site with in-place income located in the Nicetown–Tioga neighborhood of Philadelphia. The Property represents a hybrid investment opportunity, offering current rental income alongside a clear path to redevelopment. Currently operating as North Philly Self-Storage, the asset consists of 40 self-storage units totaling approximately 8,910 rentable square feet and generating approximately $67,860 in annual rental income with full occupancy. The Property is positioned for the development of a four-story, 43-unit multifamily building totaling approximately 35,761 gross square feet. Preliminary architectural plans have been completed, which show 18 on-site parking spaces, 15 bicycle spaces, rooftop amenity areas, and common space, wit h a unit mix consisting of studios, one-bedroom, and two-bedroom apartments. These plans provide a defined framework for future development while allowing an investor to finalize approvals and tailor the project to their specifications. Situated on a ±19,881 square foot (0.42-acre) parcel, the Property is positioned on a quiet residential block and set back from the street, offering a unique sense of separation from surrounding traffic while remaining accessible to the broader corridor. The surrounding area is experiencing ongoing new construction and redevelopment activity and is located within close proximity to major demand drivers including Temple University, Temple Health, and other employment centers. The Property is located within a Qualified Opportunity Zone (QOZ), which may provide potential federal tax incentives for investors. In addition, a Phase I environmental report has been completed with no issues identified. With in-place income, preliminary plans, and a clear path toward redevelopment, 3428 N 18th Street presents a well-defined opportunity for investors seeking both current cash flow and future development potential.

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Detail Ic Property Details

Property Type : Land

Price : $1,000,000

AD Id : 77788381

MLS Id : PAPH2613004

Lot Size : 0.46 Acre(Lot)

County : PHILADELPHIA

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Feature Features

  • Lot Information

    Lot Dimensions: 16.00 x 148.00 Lot Size Acres: 0.46 Lot Size Source: Estimated Lot Size Square Feet: 19881

  • Listing Price Information

    Listing Price: $1000000

  • Tax Information

    Parcel Number: 112255500 Tax Lot: 98 Tax Year: 2025 Annual Tax: $576

  • Location Information

    Direction: GPS WaterSource: Public
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ByOwner last updated this listing 06/23/2026 @ 10:33

MLS: PAPH2613004 LISTED BY: Joseph Loonstyn, Scope Commercial Real Estate Services, Inc. 215-302-4400 SOURCE: Bright MLS

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