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    Victorian Multifamily Home in Philadelphia

    828 S 49TH Street Philadelphia, PA 19143

    828 S 49TH Street, Philadelphia, PA, 19143
    $374,900
    For Sale
    Under Contract
    Claim this Listing
    $374,900

    MULTI_FAMILY - PHILADELPHIA, PA

    Property Size3,240 SF
    Lot Size0.06 Acres
    Price / SF$115.71
    AddedAug 6, 2025
    Days on Market343
    Last RefreshJul 14 at 12:06 pm

    Property Features for 828 S 49TH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active Under Contract
    Size
    3,240 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5033

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1917
    Number of units
    2
    Building materials
    Masonry

    Listing agent Adam Kiliszek License #RS337117

    Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA

    Listing date Aug 6, 2025

    MLS# PAPH2524986 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.

    Investment Insights

    Based on property information with market context.

    Located in University City, Philadelphia, this over 3,000 square foot, two-family twin semi-detached home presents an investment opportunity. The property, built over 100 years ago, retains its Victorian charm and original features. The first-floor unit includes 2 bedrooms and 1 bathroom. The second-floor unit features 3 bedrooms and 3 full bathrooms, with access to an attic that includes a skylight. A finished basement offers additional space. Each unit has separate utilities. The property includes a secluded backyard and a front porch. The location provides access to universities, restaurants, shopping, and public transportation. The property is situated on a lot of 0.0574 acres.

    Key Highlights

    • Prime University City location near universities, restaurants, shopping, and public transportation.
    • Two‑family property with potential for rental income from two separate units.
    • Over 3,000 sq ft of living space with a 2‑bedroom, 1‑bathroom first‑floor unit and a 3‑bedroom, 3‑bathroom second‑floor unit.

    Local 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 $61.4k $18.96
    − Vacancy −$4.7k −$1.44
    EGI $56.8k $17.52
    − OpEx −$25.5k −$7.88
    NOI $31.2k $9.64
    3,240 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $501.4K
    $438.7K – $585.0K (±1% cap)
    NOI $35,099 @ 7.0% cap · market cap 9.36%
    Second Best
    Apartment 5plus
    $446.0K
    $390.2K – $520.3K (±1% cap)
    NOI $31,219 @ 7.0% cap · market cap 8.33%
    Theoretical Best
    Office A
    $1.11M
    $971.7K – $1.30M (±1% cap)
    NOI $77,735 @ 7.0% cap · market cap 20.73%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Acupuncture (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

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

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    FAQs

    What type of property is this?
    Duplex - Two-family home in University City with restoration potential.
    Where is this duplex located?
    The property is located at 828 S 49TH Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: Prime University City location near universities, restaurants, shopping, and public transportation.; Two‑family property with potential for rental income from two separate units.; Over 3,000 sq ft of living space with a 2‑bedroom, 1‑bathroom first‑floor unit and a 3‑bedroom, 3‑bathroom second‑floor unit.
    Contact an agent
    (570) 807-6238
    We can help!
    Contact an agent
    Adam Kiliszek
    Real Estate License ID: RS337117
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