Francisville Duplex with Strong
1504 BROWN Street Philadelphia, PA 19130
For Sale
$725,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size3,080 SF
Lot Size0.03 Acres
Price / SF$235.39
Days on Market121
Property Features for 1504 BROWN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- Size
- 3,080 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9202
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Keller Williams Main Line
(610) 520-0100
Listed By:
Erin E Rigo · License #RS342731
(267) 606-3318
Added: Mar 27
Changed: Jun 9
Last Checked: Jul 25 at 9:06PM
MLS# PAPH2599456
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 well-maintained duplex is located in the Francisville neighborhood. The property features two spacious bi-level units, each with 4 bedrooms and 2 bathrooms. Each unit includes its own washer and dryer, separately metered utilities, and access to basement storage. Unit A also has access to a private rear yard. The property has been consistently rented and offers strong income potential with room for future rent growth. Major mechanicals have been updated, including a new roof, updated HVAC, and newer water heaters. The location provides easy access to the Broad Street Line, Center City, Temple University, The Met, and the Art Museum area. This property is suitable for an investor looking for a well-located property with a solid rental history, updated systems, and the potential to increase value over time. The property size is 3080 square feet and the lot size is 0.032 acres.
Key Highlights
- Two spacious bi‑level 4 bed 2 bath units, ideal for tenants or owner‑occupant with rental income.
- Strong income potential with consistent rental history and room for future rent growth.
- Updated major mechanicals including a new roof, updated HVAC, and newer water heaters.
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 | $79.5k | $25.80 |
| − Vacancy | −$4.4k | −$1.42 |
| EGI | $75.1k | $24.38 |
| − OpEx | −$22.5k | −$7.31 |
| NOI | $52.6k | $17.06 |
3,080 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$750.9K
$657.0K – $876.0K
NOI $52,560 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$692.1K
$605.6K – $807.5K
NOI $48,447 @ 7.0% cap · market cap 6.68%
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
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex in Francisville with updated systems and income potential.
Where is this duplex located?
The property is located at 1504 BROWN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two spacious bi‑level 4 bed 2 bath units, ideal for tenants or owner‑occupant with rental income.; Strong income potential with consistent rental history and room for future rent growth.; Updated major mechanicals including a new roof, updated HVAC, and newer water heaters.
