Renovated Duplex with
162 W ALLEGHENY Avenue Philadelphia, PA 19133
162 W ALLEGHENY Avenue, Philadelphia, PA, 19133
$324,900
For Sale
$324,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,894 SF
Lot Size0.03 Acres
Price / SF$171.54
Days on Market23
Property Features for 162 W ALLEGHENY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Basement
- Parking
- 1
- Parking features
- Garage - Attached
- Appliances
- Exhaust Fan, Stove, Refrigerator
- Standard status
- Active
- Size
- 1,894 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1787
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1935
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
RE/MAX Select Group
(215) 335-6900
Listed by
Luis A Maldonado · License #RS313805
(267) 632-3511
Added: Jul 1 Updated: Jul 19 at 4:02PM Checked: Jul 23 at 6:06AM
MLS# PAPH2643452
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 renovated duplex includes a car garage and a side entrance, with handicap accessibility features such as chair lifts at the front and elevated access. The first floor includes an entrance through a closed front area into the living room, then into two bedrooms, a newly renovated bathroom, and a newly renovated kitchen at the rear. New laminated flooring and fresh paint are noted throughout the first-floor apartment.
The second floor is described with a new kitchen and a living room at the front, plus a new bathroom at the rear and two bedrooms. Recess lighting is mentioned throughout both apartments, and new laminated flooring is also noted on the second floor.
The property is listed for sale in Philadelphia, PA and is situated on a small lot.
The second floor is described with a new kitchen and a living room at the front, plus a new bathroom at the rear and two bedrooms. Recess lighting is mentioned throughout both apartments, and new laminated flooring is also noted on the second floor.
The property is listed for sale in Philadelphia, PA and is situated on a small lot.
Key Highlights
- Renovated duplex with attached garage and side entrance
- Handicap accessible features include chair lift at the front and an elevated lift at the entry
- 1935 masonry construction with hot water heating
Local Financial Insights For Apartment 5plus
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 | $57.5k | $30.36 |
| − Vacancy | −$3.3k | −$1.76 |
| EGI | $54.2k | $28.60 |
| − OpEx | −$24.4k | −$12.87 |
| NOI | $29.8k | $15.73 |
1,894 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.7K
$404.0K – $538.7K
NOI $32,321 @ 7.0% cap · market cap 9.95%
Second Best
Apartment 5plus
$425.6K
$372.4K – $496.5K
NOI $29,792 @ 7.0% cap · market cap 9.17%
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 - Renovated duplex offering two levels with multiple bedrooms, new kitchens, and handicap accessibility improvements including chair lifts.
Where is this duplex located?
The property is located at 162 W ALLEGHENY Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Renovated duplex with attached garage and side entrance; Handicap accessible features include chair lift at the front and an elevated lift at the entry; 1935 masonry construction with hot water heating
