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    616 Johnston St Philadelphia, PA 19148

    New
    Under Contract
    For Sale
    $230,000

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    1,296 SF
    Lot size:
    0.02 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 616 Johnston St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking features
    On Street
    Size
    1,296 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Masonry

    Keller Williams Real Estate (610) 565-1995 [email protected]

    Listing agent Stephanie L Olenik (215) 607-6007 License #RS328855

    Listing date Dec 5, 2025

    MLS# PAPH2544492 Listing URL

    Copyright © 2025 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.

    Overview

    Philadelphia Duplex: Investment Opportunity

    Located in the heart of South Philadelphia, 616 Johnston Street is a well-maintained duplex presenting a solid investment opportunity. This brick multi-family property features two spacious units, each occupied by long-term tenants, providing immediate rental income and dependable cash flow. The property size is 1296 square feet, situated on a lot of 0.02 acres. Both units offer comfortable layouts with separate utilities, making management simple and efficient. The property has been carefully maintained, ensuring continued performance and minimal upkeep. Its location is close to public transportation, local shops, restaurants, and major highways, attracting consistent rental demand and long-term stability. This property is a smart and reliable addition in one of South Philadelphia's most convenient neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.15907288
    Latitude
    39.91369247

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in South Philadelphia with immediate rental income.
    Where is this duplex located?
    The property is located at 616 Johnston St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Immediate rental income from long-term tenants.; - Well-maintained duplex minimizing upkeep.; - Two spacious units with separate utilities for easy management.
    (215) 607-6007
    Request Owner's contact information
    616 Johnston St Philadelphia, PA 19148
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    Philadelphia, PA 19148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    616 Johnston St Philadelphia, PA 19148
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