Duplex with Separate
For Sale
Under Contract
$430,000
1026 LEVICK Street, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size2,400 SF
Price / SF$179.17
Days on Market229
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)
Amenities
fenced side yard
patio
laundry area
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
(215) 224-2101
Added: Mar 10
Changed: Oct 23
Last Checked: Oct 24 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This 2,400-square-foot brick duplex, built in 1952, contains two apartments with separate entrances. A side entrance leads to the finished basement, where a shared walk-down provides access to the laundry area. The property also has an attached garage, driveway, fenced side yard, and patio. Listed appliances include a washer, electric dryer, refrigerator, and stove.
Both apartments are vacant. The property is being sold as-is, with the seller making no repairs.
Both apartments are vacant. The property is being sold as-is, with the seller making no repairs.
Key Highlights
- Two apartments with separate entrances; both are vacant
- 2,400 square feet in a brick building constructed in 1952
- Finished basement with a side entrance and shared laundry access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,223
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,460
$644.5K
Cap Rate 7%
$460,329
$460.3K
Cap Rate 9%
$358,033
$358.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$1.5K −$0.62/SF
EGI
$46.0K $19.18/SF
− OpEx
−$13.8K −$5.75/SF
NOI
$32.2K $13.43/SF
Area
ZIP 19111
Vacancy
3.13%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,460
Cap Rate 7%
$460,329
Cap Rate 9%
$358,033
Alternative Uses
Best Use
Multifamily LT 5
$460.3K
$402.8K – $537.1K
NOI $32,223 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$424.5K
$371.5K – $495.3K
NOI $29,716 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$727.7K
$636.7K – $848.9K
NOI $50,936 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments are vacant, with laundry facilities in the basement.
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: Two apartments with separate entrances; both are vacant; 2,400 square feet in a brick building constructed in 1952; Finished basement with a side entrance and shared laundry access
