Twin Duplex Income
PHILADELPHIA, PA 19120 Philadelphia, PA 19120
Philadelphia, PA, 19120
$189,000
For Sale
Under Contract
$189,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,418 SF
Price / SF$133.29
Days on Market66
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active Under Contract
- Size
- 1,418 SF
Building Details
- Year built
- 1930
Listing agency
BHHS Fox & Roach Jenkintown Home Marketing Center
(215) 887-0400
Listed by
Paul Welsh · License #AB067719
(215) 990-2170
Added: May 18 Updated: Jul 22 at 8:15PM Checked: Jul 22 at 11:06PM
MLS# PAPH2621806
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 twin duplex offers two separate residential units in a straightforward vertical layout. The first-floor unit is a 1-bedroom apartment, and the second-floor unit is a 2-bedroom layout. Utilities are separated for both units, with the exception of water, which is not separately metered as described. Both units are currently rented at $750 per month.
The property is located in Philadelphia, PA 19120. It is being sold strictly as-is, and the condition is described as needing work.
For buyers or investors looking to value-add, this configuration provides distinct unit separation while keeping water shared, making it a practical option to consider for renovation and repositioning in an income-producing duplex format.
The property is located in Philadelphia, PA 19120. It is being sold strictly as-is, and the condition is described as needing work.
For buyers or investors looking to value-add, this configuration provides distinct unit separation while keeping water shared, making it a practical option to consider for renovation and repositioning in an income-producing duplex format.
Key Highlights
- Twin duplex built in 1930 with a 1BD first‑floor unit and a 2BD second‑floor unit
- Both units are currently rented at $750 per month
- All utilities except water are separate for each unit
Local 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 | $23.7k | $16.68 |
| − Vacancy | −$1.7k | −$1.20 |
| EGI | $21.9k | $15.48 |
| − OpEx | −$6.6k | −$4.64 |
| NOI | $15.4k | $10.83 |
1,418 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.4K
$192.0K – $256.0K
NOI $15,361 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$195.2K
$170.8K – $227.7K
NOI $13,663 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$338.7K
$296.4K – $395.2K
NOI $23,711 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Twin duplex with a 1-bedroom first-floor unit and a 2-bedroom second-floor unit, sold as-is with separate utilities.
Where is this duplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Twin duplex built in 1930 with a 1BD first‑floor unit and a 2BD second‑floor unit; Both units are currently rented at $750 per month; All utilities except water are separate for each unit
