Duplex with Private Roof Deck

PHILADELPHIA, PA 19125 Philadelphia, PA 19125

Claim this Listing
For Sale
$399,900

MULTI_FAMILY - PHILADELPHIA, PA

Type:Townhouse
Property size:
1,790 SF
Price / SF:
$223/SF
Added:
Apr 14, 2026
Days on Market:
88
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Townhouse
Bedrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 2
Standard status
Active
Size
1,790 SF

Building Details

Year built
1915

Listing agent Kristen Shemesh License #RS313262

Listing office BHHS Fox & Roach Center City-Society Hill PA

Listing date Apr 14, 2026

MLS# PAPH2602612

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 duplex includes two distinct residential units with private outdoor space. The first-floor unit is a 1-bedroom, 1-bath apartment with access to a full basement and private outdoor space. The second unit is a bi-level 2-bedroom, 1.5-bath residence with storage, in-unit laundry, and a private roof deck.

Located in Fishtown, the property is situated minutes from I-95 and within walking distance of the Market-Frankford El. Nearby neighborhood favorites listed in the remarks include Milkcrate Cafe, Bastia, Lloyd, Murph's Bar, and Riverwards Produce.

While the property would benefit from updates and improvements, it offers flexible living arrangements across the two units, along with the practical benefits of basement access for the first unit and in-unit laundry and a roof deck for the second.

Key Highlights

  • Duplex built in 1915 in Fishtown, Philadelphia
  • 1st‑floor unit: 1 bed, 1 bath with access to a full basement and private outdoor space
  • 2nd unit: bi‑level 2 bed, 1.5 bath with in‑unit laundry and storage

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 $46.2k $25.80
− Vacancy −$2.5k −$1.42
EGI $43.6k $24.38
− OpEx −$13.1k −$7.31
NOI $30.5k $17.06
1,790 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$436.4K
$381.8K – $509.1K (±1% cap)
NOI $30,546 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$402.2K
$352.0K – $469.3K (±1% cap)
NOI $28,156 @ 7.0% cap · market cap 7.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Duplex featuring a 1-bed first-floor unit with basement access and a bi-level 2-bed unit with private roof deck.
Where is this duplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex built in 1915 in Fishtown, Philadelphia; 1st‑floor unit: 1 bed, 1 bath with access to a full basement and private outdoor space; 2nd unit: bi‑level 2 bed, 1.5 bath with in‑unit laundry and storage
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More about this property
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