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Duplex With Finished Basement
For Sale
Under Contract
$430,000

1026 LEVICK Street, Philadelphia, PA 19111

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,400 SF
Price / SF$179.17
Days on Market147

Property Features for 1026 LEVICK Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Garage - Attached, Driveway
Interior features Ceiling Fan(s), Breakfast Area, Bathroom - Tub Shower
Appliances Dryer - Electric, Exhaust Fan, Refrigerator, Stove, Washer, WaterHeater
Elementary school LAURA H CARNELL SCHOOL
Middle school LAURA H CARNELL SCHOOL
High school SAMUEL S. FELS
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active Under Contract
Size 2,400 SF

Taxes and HOA fees

Tax Annual Amount 4787

Utilities

Heating system Other (Heating)
Cooling system Ceiling Fan(s), Window Unit(s)

Building Details

Year built 1952
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Alliance Real Estate · ERA Real Estate
Listed By: Doreen Franklin-Burrows · License #RS297102
Added: Mar 10 Changed: Jul 24 Last Checked: Aug 3 at 8:06AM
MLS# PAPH2592522

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.

Investment Insights

Based on property information with market context.

This duplex includes separate entrances to both apartments, along with side access to a full finished basement. The basement features a shared walk down leading to the laundry area, supporting day-to-day functionality for both units while keeping each apartment’s entry separate. Two full garages provide enclosed parking or storage, and exterior space includes a fenced side yard and a patio.

The property is located at 1026 Levick Street in Philadelphia, PA 19111. The listing notes that the apartments are vacant.

The sale is offered “As Is,” and the seller will do no repairs. All offers are presented.

Key Highlights

  • Brick property built in 1952 with finished basement and side entrance access
  • Two full garage spaces and driveway parking
  • Separate entrances for both apartments, plus a shared walk down to the basement laundry area

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 $47.5k $19.80
− Vacancy −$1.5k −$0.62
EGI $46.0k $19.18
− OpEx −$13.8k −$5.75
NOI $32.2k $13.43
2,400 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$460.3K
$402.8K – $537.1K (±1% cap)
NOI $32,223 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$424.5K
$371.5K – $495.3K (±1% cap)
NOI $29,716 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$727.7K
$636.7K – $848.9K (±1% cap)
NOI $50,936 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby

Demographics for 19111, PA

67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers separate entrances, a full finished basement with side access, and a fenced side yard with patio.
Where is this duplex located?
The property is located at 1026 LEVICK Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Brick property built in 1952 with finished basement and side entrance access; Two full garage spaces and driveway parking; Separate entrances for both apartments, plus a shared walk down to the basement laundry area
More about this property
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