Two-Unit Duplex with Private
New
For Sale
$470,000
10017 FERNDALE Street, Philadelphia, PA 19116
Multi-Family, PHILADELPHIA, PA
Property Size1,846 SF
Lot Size0.07 Acres
Price / SF$254.60
Days on Market1
Property Features for 10017 FERNDALE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Subdivision
SOMERTON
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,846 SF
Lot size
0.07 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2507
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1967
Number of units
2
Building materials
Brick
Buildings
1
Listing Agency:
Keller Williams Real Estate - Newtown · Keller Williams Realty
(215) 860-4200
Listed By:
Jay E Epstein · License #RS328801
(267) 551-1871
Added: Oct 24
Last Checked: Oct 24 at 5:06PM
MLS# PAPH2683796
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains 1,846 square feet across two occupied residences. Each unit has two bedrooms, a living room, kitchen, dining area, one full bathroom, a private entrance, and laundry facilities. The lower-level residence has central air. The property was built in 1967 and sits on a 0.0654-acre lot, with driveway parking and forced-air heating.
Both units are occupied by long-term tenants. The property is in Northeast Philadelphia, with access to major roadways, shopping, and dining.
Both units are occupied by long-term tenants. The property is in Northeast Philadelphia, with access to major roadways, shopping, and dining.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,846 square feet of building area on a 0.0654‑acre lot
- Separate private entrance and laundry for each unit
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.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers separate laundry facilities and a distinct entrance.
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 residences, each with 2 bedrooms and 1 full bathroom; 1,846 square feet of building area on a 0.0654‑acre lot; Separate private entrance and laundry for each unit
