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Point Breeze Duplex Investment Opportunity

1224 S 20TH Street Philadelphia, PA 19146

1224 S 20TH Street, Philadelphia, PA, 19146

$349,999

For Sale

$349,999

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,440 SF

Lot Size0.02 Acres

Price / SF$243.05

AddedDec 16, 2025

Days on Market210

Last RefreshJul 14 at 2:06 pm

Property Features for 1224 S 20TH Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking: 1
Parking features: Garage - Attached, On Street, Driveway
Standard status: Active
Size: 1,440 SF
Lot size: 0.02 Acres

Taxes and HOA fees

Tax Annual Amount: 2330

Utilities

Heating system: Forced Air

Building Details

Year built: 1920
Number of units: 2
Building materials: Masonry
Architectural style: Other

Listing agent Harrisson Y. Li License #RS377974

Listing office Real of Pennsylvania 1100 E Hector Street, Suite 313, FORT WASHINGTON, PA

Listing date Dec 16, 2025

MLS# PAPH2567456 Listing URL

Investment Insights

Based on property information with market context.

This duplex is located in the Point Breeze neighborhood. The property features a first-floor unit, which is a 2-bedroom, 1-bathroom apartment with basement access and is currently occupied. The second-floor unit is a 2-bedroom, 1-bathroom apartment featuring a private deck and is ready for immediate occupancy. Both units are separately metered and operate on a month-to-month basis. The property includes an attached garage. Situated on a lot of 0.0196 acres, the building has a size of 1440 square feet. The location offers direct SEPTA bus access into Center City. Nearby amenities include Wharton Square Playground, cafes, restaurants, yoga studios, urgent care, and grocery options along Washington Ave. The property is being sold in as-is condition.

Key Highlights

Duplex with masonry construction and forced‑air heating
Two 2BR/1BA units: first‑floor occupied with basement access; second‑floor unit is ready for immediate occupancy
Private deck included for the second‑floor unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$37.2k	$25.80
− Vacancy	−$2.0k	−$1.42
EGI	$35.1k	$24.38
− OpEx	−$10.5k	−$7.31
NOI	$24.6k	$17.06

1,440 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$351.0K

$307.2K – $409.6K (±1% cap)

NOI $24,573 @ 7.0% cap · market cap 7.02%

Second Best

Apartment 5plus

$323.6K

$283.1K – $377.5K (±1% cap)

NOI $22,651 @ 7.0% cap · market cap 6.47%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
PA
Philadelphia
19146
1224 S 20TH Street

What type of property is this?

Duplex - Desirable duplex in Point Breeze with excellent rental potential.

Where is this duplex located?

The property is located at 1224 S 20TH Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $349,999.

What are key features of this property?

This property features: Duplex with masonry construction and forced‑air heating; Two 2BR/1BA units: first‑floor occupied with basement access; second‑floor unit is ready for immediate occupancy; Private deck included for the second‑floor unit

1224 S 20TH Street Philadelphia, PA 19146

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Features for 1224 S 20TH Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Freestanding Single-Story Retail Building

Mixed-Use Corner Property with Garage

Restaurant Opportunity in Philadelphia, PA

Corner Mixed-Use Building with Bar

Mixed-Use Brownstone with Storefront

Mixed-Use Building with Two-Level Layout

New-Construction 11-Unit Apartment Building

Fully Leased Triplex with In-Unit Laundry

Turnkey Multifamily Apartment Buildings

2019 Four-Unit Multifamily Investment

Turnkey Three-Story Building with Elevator

Turnkey Triplex with Tax Abatement

FAQs