Brick-Front Duplex with Two
1018 Jackson Street Philadelphia, PA 19148
For Sale
$399,000
Brick-front duplex with two occupied living areas, shared basement laundry and storage, and a small private rear yard.
Property Size1,230 SF
Price / SF$324.39
Days on Market1238
Property Features for 1018 Jackson Street
General Information
- Standard status
- Active
- Size
- 1,230 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
Mercury Real Estate Group
(215) 416-3980
Listed By:
Michael J Moss · License #RS286764
(215) 416-3980
Source:
Compass
Added: Mar 4, 2023
Changed: Jul 23
Last Checked: Jul 23 at 2:38AM
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 Mercury Real Estate Group
Investment Insights
Based on property information with market context.
This brick-front duplex offers two residential units. The first-floor unit includes a one-bedroom with a den/second bedroom, and features hardwood floors and large windows. The kitchen and living area are open and include ample counter space. The first-floor unit also provides access to a small private rear yard.
The second-floor unit includes two bedrooms and one bathroom and is currently occupied by tenants. Both units share an on-site basement with storage and a dedicated laundry area.
The property’s interior includes hardwood floors and large windows throughout, with natural light noted in the main bedroom. Shared basement storage and laundry support day-to-day convenience for both units.
The second-floor unit includes two bedrooms and one bathroom and is currently occupied by tenants. Both units share an on-site basement with storage and a dedicated laundry area.
The property’s interior includes hardwood floors and large windows throughout, with natural light noted in the main bedroom. Shared basement storage and laundry support day-to-day convenience for both units.
Key Highlights
- Brick‑front duplex built in 1925 with two separately occupied living areas
- 1st‑floor unit offers 1 bedroom plus a den/second bedroom with access to a small private rear yard
- 2nd‑floor unit has 2 bedrooms and 1 bathroom and is currently tenant‑occupied
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 | $31.7k | $25.80 |
| − Vacancy | −$1.7k | −$1.42 |
| EGI | $30.0k | $24.38 |
| − OpEx | −$9.0k | −$7.31 |
| NOI | $21.0k | $17.06 |
1,230 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$299.9K
$262.4K – $349.8K
NOI $20,990 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$276.4K
$241.8K – $322.5K
NOI $19,347 @ 7.0% cap · market cap 4.85%
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
FAQs
What type of property is this?
Duplex - Brick-front duplex with two occupied living areas, shared basement laundry and storage, and a small private rear yard.
Where is this duplex located?
The property is located at 1018 Jackson Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Brick‑front duplex built in 1925 with two separately occupied living areas; 1st‑floor unit offers 1 bedroom plus a den/second bedroom with access to a small private rear yard; 2nd‑floor unit has 2 bedrooms and 1 bathroom and is currently tenant‑occupied
