Two-Unit Duplex with Private
New
For Sale
$470,000
10017 FERNDALE STREET, Philadelphia, PA 19116
Both residences offer two bedrooms, separate entrances, and individual laundry facilities.
Property Size1,846 SF
Price / SF$254.60
Days on Market7
Property Features for 10017 FERNDALE STREET
General Information
Standard status
Active
Size
1,846 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Northeast Philadelphia
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
private laundry
central air
fenced backyard
Building Details
Year Built
1967
Tenancy
Multi
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
Jay E Epstein · License #RS328801
(267) 551-1871
Source:
Cummingsrealtors
Added: Oct 24
Changed: Oct 29
Last Checked: Oct 28 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate - Newtown
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Investment Insights
Based on property information with market context.
This 1,846-square-foot duplex contains two occupied residences, with long-term tenants in place. Each unit has two bedrooms, a living room, kitchen, dining area, one full bathroom, a walk-in closet, a private entrance, and its own laundry. The lower unit also has central air conditioning. The property was built in 1967.
Outdoor and parking features include a fenced backyard and a driveway with space for two cars. The building is located in Northeast Philadelphia, with access to major roadways, shopping, and dining.
Outdoor and parking features include a fenced backyard and a driveway with space for two cars. The building is located in Northeast Philadelphia, with access to major roadways, shopping, and dining.
Key Highlights
- Two occupied units with long‑term tenants
- Each unit includes two bedrooms, a living room, kitchen, dining area, full bath, and walk‑in closet
- Private entrance and laundry for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,502
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,040
$630.0K
Cap Rate 7%
$450,029
$450.0K
Cap Rate 9%
$350,022
$350.0K
Market Conditions
NOI Build-Up for 1,846 SF
Gross rent
$47.6K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.0K $24.38/SF
− OpEx
−$13.5K −$7.31/SF
NOI
$31.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,040
Cap Rate 7%
$450,029
Cap Rate 9%
$350,022
Alternative Uses
Best Use
Multifamily LT 5
$450.0K
$393.8K – $525.0K
NOI $31,502 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$414.8K
$363.0K – $484.0K
NOI $29,037 @ 7.0% cap · market cap 6.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, separate entrances, and individual laundry facilities.
Where is this duplex located?
The property is located at 10017 FERNDALE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Two occupied units with long‑term tenants; Each unit includes two bedrooms, a living room, kitchen, dining area, full bath, and walk‑in closet; Private entrance and laundry for both units
