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    1506 W Porter St Philadelphia, PA 19145

    For Sale
    $400,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,116 SF
    Lot size:
    0.02 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 1506 W Porter St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Appliances
    Washer, Dryer
    Size
    2,116 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

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

    ALPHA REALTY GROUP INC (215) 463-0777 [email protected]

    Listing agent Grace G DeGregorio (215) 463-0777 License #RS278275

    Listing date Sep 1, 2025

    Copyright © 2025 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.

    Overview

    Updated Duplex in Vibrant Neighborhood

    This updated 3-story duplex presents a rare opportunity for investors or owner-occupants in a desirable neighborhood. The property features two large bi-level 1-bedroom units, each with bright and spacious layouts, modern finishes, and separate entrances. Rehabbed approximately in 2010, the property includes separate utilities, central air, and a washer and dryer in both units. A newer roof and rebuilt front steps add to the property's appeal. Situated on a desirable block, the location is steps away from the Broad Street Line and various dining establishments, including Heavy Metal Sausage, Homegrown Coffee, L'Angolo, and Scannicchio's BYOB's. Passyunk Ave, Marconi Park, and the stadiums are within walking distance. This turnkey investment is located in one of Philadelphia's most vibrant neighborhoods, offering potential for rental income or owner-occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1727829
    Latitude
    39.91949463

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in a prime location with modern finishes.
    Where is this duplex located?
    The property is located at 1506 W Porter St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Income-producing duplex in a desirable, rapidly growing neighborhood.; - Two large, updated bi-level 1-bedroom units with modern finishes.; - Separate utilities, central air, and in-unit washer/dryer for both units.
    (215) 463-0777
    Request Owner's contact information
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    Philadelphia, PA 19145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1506 W Porter St Philadelphia, PA 19145
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