Trophy Commercial Real Estate is pleased to announce the successful closing of the Gilham Street Portfolio, a 24-unit multifamily assemblage located in Northeast Philadelphia.

Comprising three adjacent 8-unit apartment buildings (511–13, 515–17, and 519–21 Gilham Street), the transaction marks the first sale in over 22 years and was secured off-market directly from long-time ownership.

The portfolio represents a stabilized, value-add opportunity with significant upside through renovations and operational efficiencies—underscoring continued investor demand for well-located multifamily assets across the Philadelphia region.

Transaction Summary:

• Sale Price: $2,300,000

• Total Units: 24 (All 1-Bedroom Units)

• Price/Unit: $95,833

• Price/SF: $144.50

• Year Built: 1955

• Location: 511–21 Gilham Street, Philadelphia, PA