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1003 South 13th Street, Philadelphia, PA, 19147
Bi-Level Duplex with Private Patio

1003 South 13th Street Philadelphia, PA 19147

For Sale
$774,000

Two bi-level units offer in-unit laundry and separate kitchen and living layouts, with Unit A featuring a private rear patio.

Property Size1,935 SF
Price / SF$400
Days on Market112

Property Features for 1003 South 13th Street

General Information

Standard status
Active
Size
1,935 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1915
Listing Agency: Keller Williams Main Street, PA
Listed By: Mathew G. Sickler · License #RS350440
Source: Compass
Added: Apr 4 Changed: Jul 22 Last Checked: Jul 23 at 9:18AM

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 Main Street, PA


Investment Insights

Based on property information with market context.

This duplex offers two distinct bi-level units with functional, separate layouts. Unit A is a bi-level 1-bedroom, 2-bath residence with a full kitchen, in-unit laundry, and direct access to a private rear patio. Flooring includes a mix of tile, vinyl wood, and carpet. Unit B is a bi-level 4-bedroom, 3-bath layout designed for flexibility, with a lower level that includes two bedrooms, a partial kitchen, and two full bathrooms, and an upper level with two additional bedrooms, a full bathroom, and a full kitchen. Unit B also includes in-unit laundry and mini-split air conditioning, along with exposed brick details and tile and vinyl wood flooring throughout.

The property is located in Philadelphia, and is described as being one block from South Broad Street and steps from Lincoln Square, with nearby access to everyday retail and dining options including Giant, Target, Sprouts, Starbucks, PetSmart, Wine & Spirits, One Thousand One Residences, and local restaurants and coffee shops.

As a residential income property with two separate units, the duplex provides an investor and owner-occupant setup built around independent bi-level configurations and in-unit laundry for both residences.

Key Highlights

  • Duplex built in 1915 with two separate bi‑level units
  • Unit A: 1 bedroom, 2 full bathrooms, full kitchen, in‑unit laundry, and direct access to a private rear patio
  • Unit B: 4 bedrooms, 3 full bathrooms with full kitchen, in‑unit laundry, and mini‑split air conditioning

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 $49.9k $25.80
− Vacancy −$2.8k −$1.42
EGI $47.2k $24.38
− OpEx −$14.2k −$7.31
NOI $33.0k $17.06
1,935 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$471.7K
$412.8K – $550.4K (±1% cap)
NOI $33,021 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$434.8K
$380.5K – $507.3K (±1% cap)
NOI $30,437 @ 7.0% cap · market cap 3.93%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Tanning Salon Nursing Home Nursing Home Butcher Clothing & Fashion Store Adult Day Care Pet Grooming Service (Bike/Boat/Book/etc) Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two bi-level units offer in-unit laundry and separate kitchen and living layouts, with Unit A featuring a private rear patio.
Where is this duplex located?
The property is located at 1003 South 13th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $774,000.
What are key features of this property?
This property features: Duplex built in 1915 with two separate bi‑level units; Unit A: 1 bedroom, 2 full bathrooms, full kitchen, in‑unit laundry, and direct access to a private rear patio; Unit B: 4 bedrooms, 3 full bathrooms with full kitchen, in‑unit laundry, and mini‑split air conditioning
More about this property
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