Philadelphia Duplex with Rental
For Sale
$165,000
524 W TABOR Road, Philadelphia, PA 19120
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,510 SF
Lot Size0.03 Acres
Price / SF$109.27
Days on Market234
Property Features for 524 W TABOR Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Subdivision
OLNEY
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,510 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2542
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1919
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Joseph F X Fasy Realtors
(215) 745-8500
Listed By:
Joseph F.X. Fasy Jr · License #AB069053
(215) 290-6264
Added: Dec 10, 2025
Changed: Jun 9
Last Checked: Aug 1 at 3:06AM
MLS# PAPH2566052
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 multifamily property in Philadelphia, Pennsylvania, presents an investment opportunity. The property is a 2+1 duplex with separate utilities and newer boilers. The first-floor unit features one bedroom and one bathroom, with access to a small rear yard. This unit is currently rented through Section 8 for $700 per month. The second-floor unit includes two bedrooms and one bathroom and is currently rented at $625 per month. The property size is 1510 square feet, situated on a lot of approximately 0.0305 acres.
Key Highlights
- Duplex with two units (2+1).
- Currently generating rental income from both units ($700/month and $625/month).
- First‑floor unit rented through Section 8.
Financial Insights For Apartment 5plus
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 | $28.6k | $18.96 |
| − Vacancy | −$2.2k | −$1.44 |
| EGI | $26.5k | $17.52 |
| − OpEx | −$11.9k | −$7.88 |
| NOI | $14.5k | $9.64 |
1,510 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.7K
$204.5K – $272.6K
NOI $16,358 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$207.9K
$181.9K – $242.5K
NOI $14,550 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$360.7K
$315.6K – $420.8K
NOI $25,249 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,897
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex in Philadelphia, offering immediate rental income.
Where is this duplex located?
The property is located at 524 W TABOR Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Duplex with two units (2+1).; Currently generating rental income from both units ($700/month and $625/month).; First‑floor unit rented through Section 8.
