Renovated Duplex with In-Unit
1351 KERBAUGH Street, Philadelphia, PA 19140
New
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property size:
1,260 SFLot size:
0.02 AcresPrice / SF:
$229/SF- Added:
- Jun 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 3 at 9:06 am
Property Features for 1351 KERBAUGH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,260 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1383
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Starr Smith License #RS343373 (267) 252-1455
Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA (610) 520-0100
Listing date Jun 1, 2026
MLS# PAPH2628670
Listing URL
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.
HighLights
- Duplex built in 1920 with masonry construction and central heating
- Each unit features 1 bedroom and 1 full bathroom
- Modern kitchens with stainless steel appliances
- In‑unit washer and dryer in each unit
- Central Air and on‑street parking
Overview
This beautifully renovated duplex is designed for easy, turnkey operation, with each unit offering one bedroom and one full bathroom. Both homes feature modern updates including new flooring, redesigned contemporary finishes, and upgraded bathrooms. The kitchens include stainless steel appliances, and each unit also has an in-unit washer and dryer for added tenant convenience. Efficient heating systems and the absence of deferred maintenance are intended to reduce near-term capital concerns for the next owner.
The property is located on a quiet street in a rapidly growing neighborhood described as having strong rental demand. The top floor is currently rented, while the first floor can be used by an owner-occupant or as a second rental unit, depending on your strategy. The remarks also indicate a Section 8 rent of $1,550 for the top floor, supporting the income-focused appeal of the configuration.
This layout can fit investors seeking a ready-to-rent duplex with clear unit separation, or owner-occupants looking to offset housing costs while living in one unit. With both units updated and equipped for modern living, the property is positioned for immediate occupancy or leasing, with the flexibility to maintain a single-rent setup or expand to full-duplex leasing.
The property is located on a quiet street in a rapidly growing neighborhood described as having strong rental demand. The top floor is currently rented, while the first floor can be used by an owner-occupant or as a second rental unit, depending on your strategy. The remarks also indicate a Section 8 rent of $1,550 for the top floor, supporting the income-focused appeal of the configuration.
This layout can fit investors seeking a ready-to-rent duplex with clear unit separation, or owner-occupants looking to offset housing costs while living in one unit. With both units updated and equipped for modern living, the property is positioned for immediate occupancy or leasing, with the flexibility to maintain a single-rent setup or expand to full-duplex leasing.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $25.80 |
| − Vacancy | −$1.8k | −$1.42 |
| EGI | $30.7k | $24.38 |
| − OpEx | −$9.2k | −$7.31 |
| NOI | $21.5k | $17.06 |
1,260 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.2K
$268.8K – $358.4K
NOI $21,502 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K
NOI $19,819 @ 7.0% cap · market cap 6.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1504494
- Latitude
- 40.0137372
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey 1-bed, 1-bath duplex with modern kitchens, stainless appliances, and washer/dryer in each unit.
Where is this duplex located?
The property is located at 1351 KERBAUGH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Duplex built in 1920 with masonry construction and central heating; Each unit features 1 bedroom and 1 full bathroom; Modern kitchens with stainless steel appliances
