Two-Unit Duplex with Roof
For Sale
$619,900
1201 N TAYLOR, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,665 SF
Lot Size0.03 Acres
Price / SF$232.61
Days on Market95
Property Features for 1201 N TAYLOR
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Parking features
On Street
Appliances
Refrigerator, Stove, Washer/Dryer Stacked
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
2,665 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1735
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Amenities
rear yard
roof deck
Building Details
Year built
2023
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Access · RE/MAX International
(215) 400-2600
Listed By:
Steven D Capriotti · License #AB066366
(215) 651-0702
Added: May 14
Changed: Aug 10
Last Checked: Aug 16 at 7:06PM
MLS# PAPH2616852
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2023-built duplex contains 2,665 square feet across two separately entered residences. Unit 1 uses a bi-level layout with a modern kitchen, two bedrooms, two full ceramic-tile bathrooms, and a rear yard. Unit 2 provides an open living arrangement, two bedrooms, two full ceramic-tile bathrooms, a powder room, and a roof deck. The building has brick construction, central air, and electric heat-pump systems. Each residence includes a refrigerator, stove, and stacked washer and dryer.
The property occupies a 0.0292-acre lot in Philadelphia’s 19121 ZIP code, with on-street parking available. The separate entrances and distinct interior layouts support the property’s two-residence configuration.
The property occupies a 0.0292-acre lot in Philadelphia’s 19121 ZIP code, with on-street parking available. The separate entrances and distinct interior layouts support the property’s two-residence configuration.
Key Highlights
- Two‑residence duplex with 2,665 square feet of total property size
- Built in 2023 with brick construction
- Unit 1 includes a bi‑level plan, two bedrooms, two full baths, and a rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,478
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$909,560
$909.6K
Cap Rate 7%
$649,686
$649.7K
Cap Rate 9%
$505,311
$505.3K
Market Conditions
NOI Build-Up for 2,665 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$68.8K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$65.0K $24.38/SF
− OpEx
−$19.5K −$7.31/SF
NOI
$45.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$909,560
Cap Rate 7%
$649,686
Cap Rate 9%
$505,311
Alternative Uses
Best Use
Multifamily LT 5
$649.7K
$568.5K – $758.0K
NOI $45,478 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$598.8K
$524.0K – $698.7K
NOI $41,919 @ 7.0% cap · market cap 6.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately entered residences offer contemporary layouts, modern kitchens, private outdoor areas, and full bathrooms.
Where is this duplex located?
The property is located at 1201 N TAYLOR Philadelphia, PA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Two‑residence duplex with 2,665 square feet of total property size; Built in 2023 with brick construction; Unit 1 includes a bi‑level plan, two bedrooms, two full baths, and a rear yard
