Duplex With Attached
For Sale
$339,900
7251 HAVERFORD Avenue, Philadelphia, PA 19151
Multi-Family, PHILADELPHIA, PA
Property Size1,722 SF
Lot Size0.05 Acres
Price / SF$197.39
Days on Market337
Property Features for 7251 HAVERFORD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
4
Parking features
Garage - Attached, Driveway, On Street
Interior features
Combination Kitchen/Living, Carpet
Appliances
WaterHeater, Stove
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,722 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3390
Utilities
Heating system
Hot Water(Heating)
Amenities
front yard with cement patio
common foyer
partial basement
garage
Building Details
Year built
1949
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Haverson Realty Incorporated
Listed By:
Lisa E Reese · License #RS191343L
(215) 877-7800
Added: Oct 14, 2025
Changed: Sep 13
Last Checked: Sep 15 at 3:06PM
MLS# PAPH2537568
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 1,722-square-foot masonry duplex, built in 1949, contains two units with a two-bedroom, three-piece-bath layout. Each residence has its own entrance and combines the living room with the kitchen. The property also includes a common foyer, a partial basement with a cement floor, tenant storage bins, heaters, hot water tanks, and access to the attached garage. Interior finishes include carpeting and tile flooring, with a stove and water heater provided. The roof was installed in February 2023.
A front yard and cement patio provide outdoor space, while the rear common driveway serves the attached garage. Parking is also available on the street. The property is tenant occupied, and showings require 24–48 hours' notice with the listing agent or owner present. It is located near City Line, Haverford Avenue shopping center, 69th Street shopping, a park and playground, a public library, and a new golf course.
A front yard and cement patio provide outdoor space, while the rear common driveway serves the attached garage. Parking is also available on the street. The property is tenant occupied, and showings require 24–48 hours' notice with the listing agent or owner present. It is located near City Line, Haverford Avenue shopping center, 69th Street shopping, a park and playground, a public library, and a new golf course.
Key Highlights
- 1,722 SF duplex on a 0.0469‑acre lot
- Two units, each with 2 bedrooms and a 3‑piece bath
- Attached garage with rear common driveway access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,386
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$587,720
$587.7K
Cap Rate 7%
$419,800
$419.8K
Cap Rate 9%
$326,511
$326.5K
Market Conditions
NOI Build-Up for 1,722 SF
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.
Gross rent
$44.4K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$42.0K $24.38/SF
− OpEx
−$12.6K −$7.31/SF
NOI
$29.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$587,720
Cap Rate 7%
$419,800
Cap Rate 9%
$326,511
Alternative Uses
Best Use
Multifamily LT 5
$419.8K
$367.3K – $489.8K
NOI $29,386 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$386.9K
$338.6K – $451.4K
NOI $27,086 @ 7.0% cap · market cap 7.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units provide separate entrances, combined living and kitchen areas, and access to shared basement storage.
Where is this duplex located?
The property is located at 7251 HAVERFORD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 1,722 SF duplex on a 0.0469‑acre lot; Two units, each with 2 bedrooms and a 3‑piece bath; Attached garage with rear common driveway access
