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    228 Erica St Philadelphia, PA 19116

    For Sale
    $499,900

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    1,838 SF
    Lot size:
    0.06 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 228 Erica St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking
    2
    Parking features
    Driveway, On Street, Garage - Attached
    Size
    1,838 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Number of units
    2
    Building materials
    Masonry

    RE/MAX Properties, Ltd. (215) 968-7400 [email protected]

    Listing agent Eldar Badal (267) 746-6000 License #RS3596723

    Listing date Nov 15, 2025

    MLS# PAPH2554980 Listing URL

    Copyright © 2025 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.

    Overview

    Philadelphia Duplex: Investment Opportunity

    Located in the Somerton section of Northeast Philadelphia, this well-maintained duplex at 228 Erica Street presents an investment opportunity. Unit 1 is occupied by a long-term tenant on a month-to-month lease, with a rental income of $1,500. Unit 2 is vacant and move-in ready, suitable for immediate leasing with market rent potential of $1,700-$1,800 per month. Each unit includes 2 bedrooms, 1 full bath, and spacious living areas, with separate utilities. The property also features a private driveway, garage, and fenced backyard. Situated near shopping, restaurants, schools, public transportation, and major routes including I-95, Route 1, and the PA Turnpike, the location provides accessibility and convenience. The property, with a size of 1838 square feet and a lot size of 0.06 acres, is suitable for generating rental income or for owner-occupancy while renting out the other unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.04077911
    Latitude
    40.11617661

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Somerton, Philadelphia, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 228 Erica St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Income-producing duplex in desirable Somerton, Northeast Philadelphia.; - Unit 2 is vacant and move-in ready; potential market rent $1,700-$1,800/month.; - Long-term tenant in Unit 1 provides immediate income ($1,500/month).
    (267) 746-6000
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228 Erica St Philadelphia, PA 19116
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