Philadelphia Duplex in Prime
1539 SOUTH Street Philadelphia, PA 19146
1539 SOUTH Street, Philadelphia, PA, 19146
$845,000
For Sale
$845,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,084 SF
Lot Size0.02 Acres
Price / SF$405.47
Days on Market53
Property Features for 1539 SOUTH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,084 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7702
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Masonry
Listing agency
Keller Williams Realty
(856) 321-1212
Listed by
Andrew F Cheng · License #RS3263312
(267) 506-7100
Added: Jun 1 Updated: Jun 9 at 12:02PM Checked: Jul 23 at 6:06AM
MLS# PAPH2625880
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.
Located in Philadelphia, this duplex at 1539 South Street offers an investment opportunity in a sought-after neighborhood. The property features a 1-bedroom unit and a 2-bedroom unit, each with modern, updated kitchens and bathrooms, high-end finishes, in-unit laundry, and central air/heat. Both units are separately metered. The first-floor unit spans two levels, with bedrooms on separate floors, a spiral staircase to the kitchen, an additional living room, and a finished lower level. The upper unit includes two bedrooms, two full baths, a split-level living room design with natural light, and a private deck with Philadelphia skyline views. The property is located steps from the restaurants, cafes, and green space of Graduate Hospital and a short walk to Rittenhouse Square, Penn, CHOP, and Jefferson. The location is suited for healthcare and university professionals and those wanting access to Center City. The property is delivered empty. The lot size is 0.02 acres, and the property size is 2084 square feet.
Key Highlights
- Duplex in coveted Graduate Hospital location: Live in one unit and rent the other.
- Two updated units: 1‑bedroom and 2‑bedroom, with modern kitchens and high‑end finishes.
- In‑unit laundry and separately metered utilities: Provides convenience for tenants.
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 | $53.8k | $25.80 |
| − Vacancy | −$3.0k | −$1.42 |
| EGI | $50.8k | $24.38 |
| − OpEx | −$15.2k | −$7.31 |
| NOI | $35.6k | $17.06 |
2,084 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$508.0K
$444.5K – $592.7K
NOI $35,563 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$468.3K
$409.8K – $546.3K
NOI $32,780 @ 7.0% cap · market cap 3.88%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated duplex in Graduate Hospital near Center City.
Where is this duplex located?
The property is located at 1539 SOUTH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Duplex in coveted Graduate Hospital location: Live in one unit and rent the other.; Two updated units: 1‑bedroom and 2‑bedroom, with modern kitchens and high‑end finishes.; In‑unit laundry and separately metered utilities: Provides convenience for tenants.
