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4955 N SMEDLEY Street, Philadelphia, PA, 19141
Renovated Legal Duplex

4955 N SMEDLEY Street Philadelphia, PA 19141

For Sale
$314,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,280 SF
Lot Size0.02 Acres
Price / SF$246.02
Days on Market98

Property Features for 4955 N SMEDLEY Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Alley
Standard status
Active
Size
1,280 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
1921

Utilities

Heating system
Hot Water(Heating)
Cooling system
Central Air

Building Details

Year built
1925
Number of units
1
Building materials
Masonry
Architectural style
Other
Listing Agency: RE/MAX Access
Listed By: Aws Abdelaziz · License #RS346341
Added: Apr 21 Changed: Jun 9 Last Checked: Jul 27 at 1:06AM
MLS# PAPH2610840

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.

4955 Smedley Street presents a beautifully renovated legal duplex configured for two separate residences. Each unit features an open, light-filled layout with wide plank flooring and recessed lighting, along with contemporary finishes throughout. The kitchens include white European-style flat panel cabinetry, matching interior doors, quartz countertops, stainless steel appliances, and tile backsplashes. Both units offer spacious bedrooms with ample natural light and fully updated bathrooms with marble-style tile and modern fixtures. A fully finished lower level adds additional usable space for living, storage, or recreation, and the property includes outdoor areas such as a private front porch and a fenced-in yard.

The duplex is located on a quiet block in Philadelphia, with convenient access to local amenities, schools, and public transportation.

This property is well-suited for an owner-occupant seeking one unit to live in while renting the other, or for a buyer looking for a straightforward residential income setup. With extensive interior updates already in place and added flexible space in the lower level, the layout supports everyday functionality for tenants or multiple family living arrangements.

Key Highlights

  • Renovated legal duplex with strong income potential.
  • Modern design with open, light‑filled layouts and high‑end finishes.
  • Fully finished lower level provides flexible space.

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 $33.0k $25.80
− Vacancy −$1.8k −$1.42
EGI $31.2k $24.38
− OpEx −$9.4k −$7.31
NOI $21.8k $17.06
1,280 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.1K (±1% cap)
NOI $21,843 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K (±1% cap)
NOI $20,134 @ 7.0% cap · market cap 6.39%
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 HVAC Service Dental Office Building Supply Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic Electrical Service

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

FAQs

What type of property is this?
Duplex - Turnkey legal duplex with updated interiors, fenced yard, and a finished lower level for flexible tenant or owner use.
Where is this duplex located?
The property is located at 4955 N SMEDLEY Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Renovated legal duplex with strong income potential.; Modern design with open, light‑filled layouts and high‑end finishes.; Fully finished lower level provides flexible space.
More about this property
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