Renovated Duplex with In-Unit
1351 KERBAUGH Street Philadelphia, PA 19140
1351 KERBAUGH Street, Philadelphia, PA, 19140
$289,000
For Sale
Under Contract
$289,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,260 SF
Lot Size0.02 Acres
Price / SF$229.37
Days on Market50
Property Features for 1351 KERBAUGH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active Under Contract
- 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 Agency
Keller Williams Main Line
(610) 520-0100
6 Coulter Avenue unit: 2, Ardmore, PA
Listed by
Starr Smith · License #1859517111111
(267) 252-1455
Added: Jun 1 Updated: Jun 22 at 9:01 pm Checked: Jul 20 at 8:06 pm
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.
Investment Insights
Based on property information with market context.
This beautifully renovated duplex offers two separate residential units with modern upgrades and turnkey readiness. The second-floor unit is configured as a 2-bedroom, 1-bath layout, while the first-floor unit includes 1 bedroom and 1 full bathroom. Both units have been thoughtfully updated with new flooring and contemporary finishes, including modern kitchens with stainless steel appliances. In-unit washer and dryer are included, along with upgraded bathrooms and efficient heating systems.
The property is located at 1351 Kerbaugh Street in Philadelphia, PA 19140. It sits on a small parcel of 0.021 acres and totals 1,260 square feet.
The duplex can be a fit for an owner-occupant or investor looking for a property with existing rental occupancy. The top floor is currently rented under Section 8 at $1,550, while the first-floor unit is available for either an owner occupant or a second tenant. With separate unit configurations and updated interiors throughout, this home is positioned for straightforward move-in or leasing activity upon ownership transfer.
The property is located at 1351 Kerbaugh Street in Philadelphia, PA 19140. It sits on a small parcel of 0.021 acres and totals 1,260 square feet.
The duplex can be a fit for an owner-occupant or investor looking for a property with existing rental occupancy. The top floor is currently rented under Section 8 at $1,550, while the first-floor unit is available for either an owner occupant or a second tenant. With separate unit configurations and updated interiors throughout, this home is positioned for straightforward move-in or leasing activity upon ownership transfer.
Key Highlights
- Renovated duplex with masonry construction and central heating and central air
- Unit mix: second‑floor 2‑bedroom/1‑bath and first‑floor 1‑bedroom/1‑bath
- Modern kitchens with stainless steel appliances
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey duplex with two renovated units, each featuring modern kitchens and in-unit washer and dryer.
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: Renovated duplex with masonry construction and central heating and central air; Unit mix: second‑floor 2‑bedroom/1‑bath and first‑floor 1‑bedroom/1‑bath; Modern kitchens with stainless steel appliances
