Vacant Duplex with Attached
For Sale
$139,900
4753 RORER Street, Philadelphia, PA 19120
Multi-Family, PHILADELPHIA, PA
Property Size1,248 SF
Lot Size0.03 Acres
Price / SF$112.10
Days on Market373
Property Features for 4753 RORER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
On Street, Garage - Attached, Driveway
Subdivision
JUNIATA
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,248 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1318
Utilities
Heating system
Other (Heating)
Amenities
front patio
Building Details
Year built
1935
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
RE/MAX Access · RE/MAX International
(215) 400-2600
Listed By:
Chuong Van Tran · License #AB066680
(215) 519-5057
Added: Sep 3, 2025
Changed: Sep 2
Last Checked: Sep 10 at 10:06AM
MLS# PAPH2534142
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 two-unit masonry duplex, built in 1935, provides 1,248 square feet of residential space. Both units are vacant and include distinct living areas, kitchens with gas ranges, bedrooms, and bathroom facilities. The first-floor unit has a powder room, basement access, and a full bathroom in the basement. The upper unit includes a formal dining room, eat-in kitchen, full hall bath, skylight, and a front bedroom with closet space.
The property also features a front patio, shared foyer entry, an attached garage currently used for storage, a rear driveway, and on-street parking. Its 0.0275-acre lot is located at 4753 RORER Street in Philadelphia, PA 19120.
The property also features a front patio, shared foyer entry, an attached garage currently used for storage, a rear driveway, and on-street parking. Its 0.0275-acre lot is located at 4753 RORER Street in Philadelphia, PA 19120.
Key Highlights
- Two vacant units in a 1,248‑square‑foot duplex
- Masonry construction; built in 1935
- First‑floor unit includes basement access and a full basement bathroom
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
$12,025
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
8.60%
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%
$240,500
$240.5K
Cap Rate 7%
$171,786
$171.8K
Cap Rate 9%
$133,611
$133.6K
Market Conditions
NOI Build-Up for 1,248 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
$23.7K $18.96/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$21.9K $17.52/SF
− OpEx
−$9.8K −$7.88/SF
NOI
$12.0K $9.64/SF
Area
ZIP 19120
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
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%
$240,500
Cap Rate 7%
$171,786
Cap Rate 9%
$133,611
Alternative Uses
Best Use
Multifamily LT 5
$193.1K
$169.0K – $225.3K
NOI $13,520 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$171.8K
$150.3K – $200.4K
NOI $12,025 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$298.1K
$260.9K – $347.8K
NOI $20,868 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two vacant units offer separate living areas, kitchens, bedrooms, and bath facilities in a masonry residential building.
Where is this duplex located?
The property is located at 4753 RORER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two vacant units in a 1,248‑square‑foot duplex; Masonry construction; built in 1935; First‑floor unit includes basement access and a full basement bathroom
