Twin Duplex with Fenced
For Sale
$329,900
7962 SUMMERDALE Avenue, Philadelphia, PA 19111
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,486 SF
Lot Size0.07 Acres
Price / SF$222.01
Days on Market50
Property Features for 7962 SUMMERDALE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,486 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
4928
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1963
Number of units
2
Building materials
Masonry, Brick
Architectural style
Other
Listing Agency:
Coldwell Banker Hearthside Realtors · Coldwell Banker Real Estate
(215) 379-2002
Listed By:
Curt Gasper · License #RS203182L
(215) 947-1811
Added: Jun 12
Changed: Jul 31
Last Checked: Jul 31 at 7:06PM
MLS# PAPH2634550
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.
Twin duplex built in 1963 with masonry brick construction, offering well-sized, light-filled rooms. Each unit features a living room, dining room/kitchen, a ceramic tile full bathroom, and a large bedroom. A full, large basement provides plenty of storage, along with a separate laundry area.
The property includes a rear exit to a super large fenced-in yard and is supported by separate utilities for the two occupied units. Parking is available on street.
The property is located at 7962 Summerdale Avenue in Philadelphia, PA 19111, on a 0.068-acre lot with a total property size of 1,486 square feet.
The property includes a rear exit to a super large fenced-in yard and is supported by separate utilities for the two occupied units. Parking is available on street.
The property is located at 7962 Summerdale Avenue in Philadelphia, PA 19111, on a 0.068-acre lot with a total property size of 1,486 square feet.
Key Highlights
- Twin duplex built in 1963 with masonry brick construction
- Rear exit to a super large fenced‑in yard
- Full, large basement with plenty of storage plus separate laundry area
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 | $29.4k | $19.80 |
| − Vacancy | −$921 | −$0.62 |
| EGI | $28.5k | $19.18 |
| − OpEx | −$8.6k | −$5.75 |
| NOI | $20.0k | $13.43 |
1,486 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$285.0K
$249.4K – $332.5K
NOI $19,951 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$262.8K
$230.0K – $306.7K
NOI $18,399 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$450.5K
$394.2K – $525.6K
NOI $31,538 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Twin duplex with separate utilities, full basement storage, and a rear exit to a large fenced yard.
Where is this duplex located?
The property is located at 7962 SUMMERDALE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Twin duplex built in 1963 with masonry brick construction; Rear exit to a super large fenced‑in yard; Full, large basement with plenty of storage plus separate laundry area
