Two-Story
For Sale
$239,900
432 S 57TH Street, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size1,696 SF
Lot Size0.03 Acres
Price / SF$141.45
Days on Market33
Property Features for 432 S 57TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Interior features
Bathroom - Tub Shower, Floor Plan - Traditional, Wood Floors
Subdivision
COBBS CREEK
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,696 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2414
Utilities
Heating system
Other (Heating)
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Lisa Yvette Risco · License #RM426248
(215) 768-8065
Added: Aug 2
Changed: Aug 19
Last Checked: Sep 3 at 4:06PM
MLS# PAPH2655238
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 masonry duplex contains 1,696 square feet across two stories and is arranged as separate residential units. The first level includes a living room, eat-in kitchen, two bedrooms, and a three-piece bathroom. Upstairs, the layout provides a front room, open kitchen and dining area, two bedrooms, and another full bathroom. Wood floors and traditional floor plans are among the interior features, while heating is identified as other and parking is available on the street.
The property sits at 432 S 57th Street in Philadelphia’s Cobbs Creek section, on a 0.0283-acre corner lot. Public transportation, shopping, dining, and neighborhood amenities are located nearby. The property is zoned RSA-5; buyers are responsible for verifying zoning, use, and permitting requirements.
The property sits at 432 S 57th Street in Philadelphia’s Cobbs Creek section, on a 0.0283-acre corner lot. Public transportation, shopping, dining, and neighborhood amenities are located nearby. The property is zoned RSA-5; buyers are responsible for verifying zoning, use, and permitting requirements.
Key Highlights
- 1,696‑square‑foot masonry duplex arranged across two stories
- Two residential units, each with two bedrooms and a full bathroom
- First‑floor unit includes a living room and eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,373
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$367,460
$367.5K
Cap Rate 7%
$262,471
$262.5K
Cap Rate 9%
$204,144
$204.1K
Market Conditions
NOI Build-Up for 1,696 SF
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.
Gross rent
$28.3K $16.68/SF
− Vacancy
−$2.0K −$1.20/SF
EGI
$26.2K $15.48/SF
− OpEx
−$7.9K −$4.64/SF
NOI
$18.4K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$367,460
Cap Rate 7%
$262,471
Cap Rate 9%
$204,144
Alternative Uses
Best Use
Multifamily LT 5
$262.5K
$229.7K – $306.2K
NOI $18,373 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$233.5K
$204.3K – $272.4K
NOI $16,342 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$581.3K
$508.6K – $678.2K
NOI $40,691 @ 7.0% cap · market cap 16.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,874
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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 - Corner property configured with two residential units, each offering a kitchen, bedrooms, and a full bathroom.
Where is this duplex located?
The property is located at 432 S 57TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,696‑square‑foot masonry duplex arranged across two stories; Two residential units, each with two bedrooms and a full bathroom; First‑floor unit includes a living room and eat‑in kitchen
