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    Duplex with Shared Yard Title is generated by Realmo AI

    4992 MIRIAM Road, Philadelphia, PA 19124

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    New
    For Sale
    $249,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,280 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $194/SF
    Added:
    Jun 11, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 13 at 5:06 pm

    Property Features for 4992 MIRIAM Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    1,280 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3288

    Utilities

    Heating system
    Radiant
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1960
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Other

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    Listing Contact
    Madison Tait

    Listing agent Madison Tait License #RS377639

    Listing office Keller Williams Real Estate-Langhorne 584 Middletown Boulevard unit: A50, Langhorne, PA

    Listing date Jun 11, 2026

    MLS# PAPH2619354 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.

    HighLights

    • Duplex with two 1‑bedroom, 1‑bath units (currently occupied by tenants in both units)
    • Approximately 1,280 sq ft of living space on a 2,000+ sq ft lot with a shared yard
    • Masonry construction with radiant heating and wall unit cooling
    • Spacious basement with storage; half bath and laundry in the building (only the first‑floor unit has basement access)
    • On‑street parking available
    • Year built: 1960

    Overview

    This duplex includes two separate 1-bedroom, 1-bath units. The property offers a shared yard and a spacious basement currently used for storage, with laundry and a half bath available, and basement access only for the first-floor unit. Unit layouts are set up for residential use, and the listing notes the possibility of adding additional living or flexible space such as a bedroom or office, subject to permitted uses.

    Located in the Summerdale section of Northeast Philadelphia, the property provides convenient access to Roosevelt Boulevard, I-95, and public transportation. It is also positioned near shopping and dining, with on-street parking available for residents and visitors.

    For investors or owner-occupants seeking a residential income property, the current configuration provides two income-generating units within a single duplex structure. Tenants occupy both units, so showings require 24 hours’ notice, and the property is offered for sale as-is. The basement, shared yard, and in-unit laundry/half bath elements support straightforward day-to-day functionality while allowing buyers to evaluate options for future interior improvements where permitted.

    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 $25.3k $19.80
    − Vacancy −$1.8k −$1.39
    EGI $23.6k $18.41
    − OpEx −$7.1k −$5.52
    NOI $16.5k $12.89
    1,280 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $235.6K
    $206.2K – $274.9K (±1% cap)
    NOI $16,494 @ 7.0% cap · market cap 6.62%
    Second Best
    Apartment 5plus
    $216.8K
    $189.7K – $252.9K (±1% cap)
    NOI $15,176 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Specialty Retail
    $736.3K
    $644.2K – $859.0K (±1% cap)
    NOI $51,539 @ 7.0% cap · market cap 20.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.0926666
    Latitude
    40.0282898

    FAQs

    What type of property is this?
    Duplex - Two 1-bedroom, 1-bath units with a shared yard and basement storage, currently occupied and sold as-is.
    Where is this duplex located?
    The property is located at 4992 MIRIAM Road Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Duplex with two 1‑bedroom, 1‑bath units (currently occupied by tenants in both units); Approximately 1,280 sq ft of living space on a 2,000+ sq ft lot with a shared yard; Masonry construction with radiant heating and wall unit cooling
    More about this property
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