Two-Unit Ranchplex
For Sale
$490,000
1709 BORBECK Avenue, Philadelphia, PA 19111
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,304 SF
Lot Size0.07 Acres
Price / SF$212.67
Days on Market54
Property Features for 1709 BORBECK Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,304 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5413
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1958
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Jay L Press · License #RS270714
(215) 668-8354
Added: Jun 8
Changed: Jun 25
Last Checked: Jul 31 at 2:06PM
MLS# PAPH2631786
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 well-maintained two-unit ranchplex offers two separate living arrangements within one property. The first-floor unit includes two bedrooms and one full bath, with a brand-new updated kitchen, new carpeting throughout, and fresh paint for a move-in-ready feel. The second-floor unit features three bedrooms and two full baths, with an updated kitchen and a primary bedroom that includes a private full bath, plus an additional full hall bath.
The property includes a fenced rear yard and two off-street parking spaces located at the rear of the home. It is described as being in the Rhawnhurst area of Philadelphia, with convenience to public transportation, shopping, dining, schools, and houses of worship.
The layout is suited to a range of ownership strategies, including an owner-occupant setup where one unit supports the other, or a straight investment approach as a residential income property. With both units refreshed and distinct in bedroom and bath configuration, it can provide practical flexibility for tenants or buyers looking for a self-contained two-unit structure.
The property includes a fenced rear yard and two off-street parking spaces located at the rear of the home. It is described as being in the Rhawnhurst area of Philadelphia, with convenience to public transportation, shopping, dining, schools, and houses of worship.
The layout is suited to a range of ownership strategies, including an owner-occupant setup where one unit supports the other, or a straight investment approach as a residential income property. With both units refreshed and distinct in bedroom and bath configuration, it can provide practical flexibility for tenants or buyers looking for a self-contained two-unit structure.
Key Highlights
- Well‑maintained 2‑unit ranch duplex with masonry construction and driveway parking
- Built in 1958 with forced‑air heating and central air
- First‑floor unit offers 2 bedrooms and 1 full bath, with a brand‑new updated kitchen plus new carpeting and fresh paint
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 | $45.6k | $19.80 |
| − Vacancy | −$1.4k | −$0.62 |
| EGI | $44.2k | $19.18 |
| − OpEx | −$13.3k | −$5.75 |
| NOI | $30.9k | $13.43 |
2,304 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$441.9K
$386.7K – $515.6K
NOI $30,934 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$407.5K
$356.6K – $475.5K
NOI $28,527 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$698.5K
$611.2K – $815.0K
NOI $48,898 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit ranchplex with separate bedroom/bath layouts and off-street parking.
Where is this duplex located?
The property is located at 1709 BORBECK Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Well‑maintained 2‑unit ranch duplex with masonry construction and driveway parking; Built in 1958 with forced‑air heating and central air; First‑floor unit offers 2 bedrooms and 1 full bath, with a brand‑new updated kitchen plus new carpeting and fresh paint
