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Two-Unit Duplex with Basement
New
For Sale
$230,000

1617 N 56TH Street, Philadelphia, PA 19131

Multi-Family, PHILADELPHIA, PA

Property Size1,752 SF
Lot Size0.04 Acres
Price / SF$131.28
Days on Market2

Property Features for 1617 N 56TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision OVERBROOK
Elementary school EDWARD HESTON
High school OVERBROOK
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,752 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2597

Utilities

Heating system Other (Heating)
Cooling system Ceiling Fan(s)

Amenities

ceiling fans
rear deck
balcony
basement
half bathroom
bar area

Building Details

Year built 1920
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Settle Down Philadelphia
Listed By: Monique Richardson · License #RS367210
Added: Oct 1 Last Checked: Oct 2 at 9:06AM
MLS# PAPH2676284

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 brick duplex contains two apartments across 1,752 square feet. The first-floor unit has original hardwood flooring, ceiling fans, basement access, and a rear deck. Some hardwood requires repair. The second-floor apartment has carpeting, ceiling fans, a newer toilet, and a balcony. Both the deck and balcony are unstable and should not be used. The building dates to 1920 and has on-street parking.

The basement has been cleared and includes a half bathroom and a small bar area. Interior updates are needed, including flooring, appliances, and cosmetic work. The lot measures 0.0356 acres.

Key Highlights

  • Two separate apartments in a brick duplex
  • 1,752 square feet; built in 1920
  • Basement includes a half bathroom and small bar area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Brick construction and two separate apartments offer distinct residential spaces within a compact building.
Where is this duplex located?
The property is located at 1617 N 56TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two separate apartments in a brick duplex; 1,752 square feet; built in 1920; Basement includes a half bathroom and small bar area
More about this property
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