Three Duplexes Investment
1807 W BERKS Street Philadelphia, PA 19121
1807 W BERKS Street, Philadelphia, PA, 19121
$495,000
For Sale
$495,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,600 SF
Lot Size0.03 Acres
Price / SF$190.38
Days on Market33
Property Features for 1807 W BERKS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6719
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2012
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
Coldwell Banker Realty
(215) 923-7600
325 Chestnut Street unit: 1300, Plymouth Meeting, PA
Listed by
Karl J Klotzbach · License #RS311630
(484) 363-3657
Added: Jun 16 Checked: Jul 18 at 10:06 am
MLS# PAPH2637416
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.
Investment Insights
Based on property information with market context.
This offering includes three newer-built duplexes positioned in a row, totaling two bi-level units per building. The unit mix features one 4-bedroom, 2-bath bi-level layout and one 4-bedroom, 4-bath bi-level layout within each duplex. Property improvements include central air, modern kitchens, oversized bedrooms, and outdoor space designed for tenant use.
The duplexes are located at 1807 W Berks Street in Philadelphia, Pennsylvania 19121. The seller notes a straight walk to Temple University and the surrounding campus lifestyle. According to the current remarks, the properties have historically been rented to students.
For investors or owner-users seeking turnkey income, the duplexes are described as fully rented through July 2027. With the consistent bi-level duplex structure across all three buildings and tenant-oriented features like central air and outdoor space, the asset may appeal to buyers looking to manage multiple similar units under one ownership structure. Please contact the listing broker for additional details and to arrange a private tour.
The duplexes are located at 1807 W Berks Street in Philadelphia, Pennsylvania 19121. The seller notes a straight walk to Temple University and the surrounding campus lifestyle. According to the current remarks, the properties have historically been rented to students.
For investors or owner-users seeking turnkey income, the duplexes are described as fully rented through July 2027. With the consistent bi-level duplex structure across all three buildings and tenant-oriented features like central air and outdoor space, the asset may appeal to buyers looking to manage multiple similar units under one ownership structure. Please contact the listing broker for additional details and to arrange a private tour.
Key Highlights
- Three newer‑built duplexes in a row, built in 2012
- Masonry construction with forced‑air heating and central air
- Each building has two bi‑level units: one 4 bed/2 bath and one 4 bed/4 bath
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 | $67.1k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $63.4k | $24.38 |
| − OpEx | −$19.0k | −$7.31 |
| NOI | $44.4k | $17.06 |
2,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.8K
$554.6K – $739.5K
NOI $44,369 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$584.2K
$511.2K – $681.6K
NOI $40,897 @ 7.0% cap · market cap 8.26%
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 - Three newer-built duplexes offered with central air, modern kitchens, and outdoor space, fully rented through July 2027.
Where is this duplex located?
The property is located at 1807 W BERKS Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three newer‑built duplexes in a row, built in 2012; Masonry construction with forced‑air heating and central air; Each building has two bi‑level units: one 4 bed/2 bath and one 4 bed/4 bath
