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$1,067,500
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Property Description
90 East Johnson Street, a fully stabilized 7-unit multifamily property in Germantown. The building features a mix of 1-bedroom and 3-bedroom units with efficient layouts and durable finishes. In addition to consistent in-place income, the property sits on an oversized 11,309 SF lot that offers potential for subdivision and new construction of an additional single-family home or duplex (buyer to verify). With minimal capital needs, strong tenant demand, and long-term upside through land value, this is a compelling opportunity in one of Philadelphia's most active submarkets. With in-place monthly income of $9,344 and minimal operating expenses, the asset delivers a CAP rate of 7.10% and a projected Year 1 return of 8.71%. The current ownership has maintained high occupancy and minimal turnover, positioning the asset as a plug-and-play opportunity for both private and institutional investors. Importantly, the property features no immediate capital needs, preserving investor yield and eliminating operational friction. Located within walking distance of SEPTA transit, Germantown Avenue retail, and other lifestyle amenities, the site benefits from excellent connectivity and neighborhood demand drivers. We welcome inquiries from investors seeking stabilized, cash-flowing real estate in one of Philadelphia's most dynamic rental corridors.
Full Property Details
Full Property Details for 90 E Johnson St
General
- Price: $1,067,500
- Taxes: $5,193 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2522100
- Updated: 12/17/2025
- Added to Site: 174 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Wood
Additional Information
- Security/Safety: Main Entrance Lock
Parking
- Total Spaces: 2
- Parking Type: On Street
Location
- Area: 19138 (19138)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: Morton
- Driving Directions: corner of East Johnson and Morton
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Wall Unit
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 7380
- Year Built: 1905
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6, Unit 7
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,309
- Lot Size Source: Assessor
- Lot Dimensions: 99.00 x 115.00
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $144.65
- Assessment Year: 2025
- School Tax: $2,908
- City/TownTax: $2,284
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $371,000
- Tax Amount: $5,193
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 317
Listed by Trophy Commercial Real Estate LLC, Saam Tashayyod
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Schools
Schools serving 90 E Johnson St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Emlen Eleanor C School 6501 Chew Avenue, Philadelphia, PA 19119 | K-5 | 0.5 mi |
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 90 E Johnson St
Date
Details
Price
Change
Source
11/18/2025
Price Reduced
$1,067,500
-9.15%
MLS
9/11/2025
Price Reduced
$1,175,000
-2.08%
MLS
7/29/2025
Listed
$1,200,000
153.16%
MLS
5/31/2019
Sold
$474,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 90 E Johnson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,193
—
$371,000
—
2024
$5,193
54%
$371,000
100%
2021
$3,369
-29%
-100%
2023
$4,722
37%
$337,300
37%
2020
$3,439
1%
$245,700
1%
2019
$3,393
—
$242,400
—
2018
$3,393
—
$242,400
—
2017
$3,393
—
$242,400
—
2016
$3,393
4%
$242,400
—
2015
$3,248
—
$242,400
—
2014
$3,248
8%
$242,400
691%
2013
$2,995
—
$30,656
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 90 E Johnson St
90 E Johnson Street, Philadelphia, PA 19144 (MLS# PAPH2522100) is a Apartment property. 90 E Johnson Street is currently listed for $1,067,500 and was received on July 29, 2025. Want to learn more about 90 E Johnson Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

