869 N 43rd St.

Land Price: $140,000.00

Construction Price: $570,000

Total Annual Rents: $89,300.00

Appraised Value: $1,000,000

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We’re proud to share the completion of our most recent quadplex project in Philadelphia.

 

This thoughtfully designed property features:

• 2 bedrooms and 2 bathrooms within every unit. 

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This project delivered more than a strong financial performance—it transformed 869 N 43rd Street into a thoughtfully designed Philadelphia home, finished with high-quality materials and craftsmanship that make it truly housewarming-ready. From carefully selected finishes to durable, long-lasting construction, every detail was chosen to elevate both comfort and value.

For our investors, the results were equally compelling. We achieved a full return of 100% of our equity investment, reflecting our disciplined underwriting and hands-on approach to development and asset management.

At Lapstone Capital, we focus on creating spaces where people can build memories while generating dependable, long term returns for our partners. 869 N 43rd Street is a strong example of how we bring that vision to life—from acquisition to completion and stabilization.