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Updated End-Of-Row Duplex
For Sale
$409,900

8728 GILLESPIE Street, Philadelphia, PA 19136

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,600 SF
Lot Size0.10 Acres
Price / SF$256.19
Days on Market13

Property Features for 8728 GILLESPIE Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Driveway, Garage - Attached
Subdivision PENNYPACK
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,600 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 4739

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1963
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Real Estate Tri-County · Keller Williams Realty
Listed By: Giovanni Carpino · License #RS296840
Added: Jul 18 Changed: Jul 19 Last Checked: Jul 30 at 11:06PM
MLS# PAPH2649298

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 updated end-of-row duplex offers two separate residential units with modernized interiors and a move-in-ready presentation. The first-floor unit includes a living room, dining area, updated kitchen, two bedrooms, and a full hall bathroom with an updated vanity and toilet. The second-floor unit features a bright living room, dining area, updated kitchen, two bedrooms, and a renovated full bathroom.

A full basement provides abundant storage, separate utility areas, and laundry, with direct access to the detached two-car garage. Outside, a private driveway adds off-street parking, and the fenced rear yard provides an expansive outdoor space.

Located in Northeast Philadelphia’s Pennypack section, the property is described as being minutes from Pennypack Park, shopping, restaurants, schools, public transportation, and with easy access to I-95.

Key Highlights

  • End‑of‑row duplex on a large fenced lot in the Pennypack section of Northeast Philadelphia
  • Updated 2‑unit layout with 2 bedrooms per unit, each featuring a living room, dining area, and updated kitchen
  • Both units include a renovated full bathroom with updated vanity/toilet in the first‑floor unit

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 $41.3k $25.80
− Vacancy −$2.3k −$1.42
EGI $39.0k $24.38
− OpEx −$11.7k −$7.31
NOI $27.3k $17.06
1,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$390.1K
$341.3K – $455.1K (±1% cap)
NOI $27,304 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$359.5K
$314.6K – $419.5K (±1% cap)
NOI $25,167 @ 7.0% cap · market cap 6.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Grocery & Convenience Store Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 19136, PA

39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit duplex with a finished layout, full basement, and off-street parking via private driveway and detached garage access.
Where is this duplex located?
The property is located at 8728 GILLESPIE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: End‑of‑row duplex on a large fenced lot in the Pennypack section of Northeast Philadelphia; Updated 2‑unit layout with 2 bedrooms per unit, each featuring a living room, dining area, and updated kitchen; Both units include a renovated full bathroom with updated vanity/toilet in the first‑floor unit
More about this property
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