Victorian Stone Twin
New
For Sale
$609,000
23 W MOUNT PLEASANT AVENUE, Philadelphia, PA 19119
SINGLE_FAMILY - PHILADELPHIA, PA
Property Size2,678 SF
Price / SF$227.41
Days on Market2
Property Features for 23 W MOUNT PLEASANT AVENUE
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Subdivision
MT AIRY (WEST)
Standard status
Active
Size
2,678 SF
Amenities
fireplace
sunroom
covered front entrance porch
vestibule
workout room
laundry
full unfinished basement with Bilco doors
Building Details
Year built
1890
Listing Agency:
BHHS Fox & Roach Chestnut Hill · Berkshire Hathaway HomeServices
(215) 247-3750
Listed By:
Tom Brummett
(215) 432-3949
Added: Jul 30
Last Checked: Jul 31 at 9:06AM
MLS# PAPH2638336
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
Victorian stone twin duplex built in 1890 offering 2,678 SF of living space. The interior features connected living and dining rooms anchored by a working fireplace, with French doors opening to a sunroom. A vestibule provides space for coats and shoes, and there is a front and rear stonework restoration.
The home has been updated with an updated boiler, hot water heater, electrical system, mini-split air conditioning, garage doors, and updated windows on every floor. The second floor includes a primary suite, a workout room, and laundry, while the third floor offers three additional bedrooms. There are two full bathrooms plus a convenient first-floor powder room.
The full unfinished basement includes Bilco doors for direct exterior access, supporting uses like storage or a future workshop or finish. Parking includes a converted two-car garage (originally three-car) with a large storage area, plus additional permeable paver parking behind. Outside, an easy-to-maintain yard is shaded by three magnolia trees.
The home has been updated with an updated boiler, hot water heater, electrical system, mini-split air conditioning, garage doors, and updated windows on every floor. The second floor includes a primary suite, a workout room, and laundry, while the third floor offers three additional bedrooms. There are two full bathrooms plus a convenient first-floor powder room.
The full unfinished basement includes Bilco doors for direct exterior access, supporting uses like storage or a future workshop or finish. Parking includes a converted two-car garage (originally three-car) with a large storage area, plus additional permeable paver parking behind. Outside, an easy-to-maintain yard is shaded by three magnolia trees.
Key Highlights
- 2,678 SF Victorian stone twin duplex built in 1890
- Updated boiler, hot water heater, electrical system, and mini‑split air conditioning
- Working fireplace with connected living and dining rooms plus a sunroom
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 | $69.1k | $25.80 |
| − Vacancy | −$3.8k | −$1.42 |
| EGI | $65.3k | $24.38 |
| − OpEx | −$19.6k | −$7.31 |
| NOI | $45.7k | $17.06 |
2,678 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$652.9K
$571.3K – $761.7K
NOI $45,700 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$601.8K
$526.6K – $702.1K
NOI $42,124 @ 7.0% cap · market cap 6.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
Demographics for 19119, PA
27,265
Population
13,909
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
8,019
Density / Sq Mi
$81,609
Median Household Income
$54,598
Median Earnings
$1,291
Median Rent
$326,600
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 - Victorian stone twin duplex with updated boiler, electrical, hot water heater, mini-split A/C, and multiple renovated features throughout.
Where is this duplex located?
The property is located at 23 W MOUNT PLEASANT AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: 2,678 SF Victorian stone twin duplex built in 1890; Updated boiler, hot water heater, electrical system, and mini‑split air conditioning; Working fireplace with connected living and dining rooms plus a sunroom
