Renovated Legal
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
(215) 400-2600
Listed By:
Aws Abdelaziz · License #RS346341
(267) 546-7777
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.
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
NOI $21,843 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K
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
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.