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    Philadelphia Duplex in Gerard Estates Title is generated by Realmo AI

    1626 W PORTER Street, Philadelphia, PA 19145

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    Claim this Listing
    For Sale
    $475,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,240 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $212/SF
    Added:
    Feb 26, 2026
    Days on Market:
    108
    Last Refresh:
    Jun 14 at 9:06 am

    Property Features for 1626 W PORTER Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    2,240 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5588

    Utilities

    Heating system
    Baseboard, Forced Air, Hot Water(Heating)
    Cooling system
    Window Unit(s), Central Air

    Building Details

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

    We can help!

    Listing Contact
    Yun S Lu

    Listing agent Yun S Lu License #RS276990

    Listing office Target Realty 612 Washington Avenue unit: 1, Philadelphia, PA

    Listing date Feb 26, 2026

    MLS# PAPH2588008 Listing URL

    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.

    HighLights

    • Corner duplex in Gerard Estates in South Philly with both units currently vacant for easy showings
    • First‑floor unit features 3 bedrooms, updated full kitchen, updated full bathroom, living room, and access to full basement
    • Second‑floor unit includes 2 bedrooms, full bathroom, living room, eat‑in kitchen, and access to an enclosed sunroom
    • Construction materials are masonry; built in 1920
    • Heating includes baseboard, forced air, and hot water (heating); cooling includes window unit(s) and central air
    • Parking available via on‑street parking

    Overview

    This corner duplex is located in Gerard Estates in South Philadelphia. The first floor unit features 3 bedrooms, a living room, updated laminate floors, a full updated bathroom, an updated full kitchen, central heat and air, and access to a full basement. The second floor unit includes 2 bedrooms, a living room, a full bathroom, a full eat-in kitchen, and access to an enclosed sunroom. Both units are currently vacant. The property size is 2240 square feet and the lot size is 0.0294 acres. This property presents an opportunity for investment.

    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 $57.8k $25.80
    − Vacancy −$3.2k −$1.42
    EGI $54.6k $24.38
    − OpEx −$16.4k −$7.31
    NOI $38.2k $17.06
    2,240 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $546.1K
    $477.8K – $637.1K (±1% cap)
    NOI $38,225 @ 7.0% cap · market cap 8.05%
    Second Best
    Apartment 5plus
    $503.3K
    $440.4K – $587.2K (±1% cap)
    NOI $35,234 @ 7.0% cap · market cap 7.42%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1751709
    Latitude
    39.9197731

    FAQs

    What type of property is this?
    Duplex - Corner duplex in South Philly's Gerard Estates. Great investment opportunity.
    Where is this duplex located?
    The property is located at 1626 W PORTER Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Corner duplex in Gerard Estates in South Philly with both units currently vacant for easy showings; First‑floor unit features 3 bedrooms, updated full kitchen, updated full bathroom, living room, and access to full basement; Second‑floor unit includes 2 bedrooms, full bathroom, living room, eat‑in kitchen, and access to an enclosed sunroom
    More about this property
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