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Philadelphia Duplex with Garage

2311 RHAWN Street Philadelphia, PA 19152

2311 RHAWN Street, Philadelphia, PA, 19152
$339,950
For Sale
Under Contract
Claim this Listing
$339,950

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,600 SF
Lot Size0.06 Acres
Price / SF$212.47
AddedMar 28
Days on Market109
Last RefreshJul 14 at 12:06 pm

Property Features for 2311 RHAWN Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage - Detached, On Street
Standard status
Active Under Contract
Size
1,600 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
4972

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1950
Number of units
2
Building materials
Masonry
Architectural style
Other

Listing agent Javier Nichols License #RS338879

Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA

Listing date Mar 28, 2026

MLS# PAPH2599858 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 well-maintained duplex, located in Philadelphia, PA 19152, offers an opportunity for income and versatile use. The property features two units, each with a 1-bedroom, 1-bath layout and central air and heat. The property includes a full basement with an unfinished bathroom, presenting value-add potential. A detached two-car garage, currently used for storage, can be converted back to parking. The lot size is 0.0621 acres and the property size is 1600 square feet.

Key Highlights

  • Duplex offers strong income potential and versatile use.
  • Each unit has 1 bedroom and 1 bathroom with central air and heat.
  • Opportunity for owner‑occupancy and house hacking.

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 $41.3k $25.80
− Vacancy −$2.3k −$1.42
EGI $39.0k $24.38
− OpEx −$11.7k −$7.31
NOI $27.3k $17.06
1,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$390.1K
$341.3K – $455.1K (±1% cap)
NOI $27,304 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$359.5K
$314.6K – $419.5K (±1% cap)
NOI $25,167 @ 7.0% cap · market cap 7.40%
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

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store Big Box & Wholesale Store Gym & Fitness Center

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex in 19152 with income potential.
Where is this duplex located?
The property is located at 2311 RHAWN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,950.
What are key features of this property?
This property features: Duplex offers strong income potential and versatile use.; Each unit has 1 bedroom and 1 bathroom with central air and heat.; Opportunity for owner‑occupancy and house hacking.
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