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Brick Duplex with Two-Car Garage
For Sale
$399,000

1037 FANSHAWE Street, Philadelphia, PA 19111

Multi-Family, PHILADELPHIA, PA

Property Size1,600 SF
Lot Size0.02 Acres
Price / SF$249.38
Days on Market113

Property Features for 1037 FANSHAWE Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 1
Parking features Driveway, Garage - Attached
Interior features Additional Stairway
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,600 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 4902

Utilities

Heating system Hot Water(Heating)

Amenities

laundry facilities in basement

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Building materials Masonry, Brick, Stone
Architectural style Other
Listing Agency: Homestarr Realty
Listed By: Jose DaSilva · License #RS214600L
Added: Jul 10 Changed: Oct 16 Last Checked: Oct 30 at 11:06PM
MLS# PAPH2644494

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.

Built in 1950, this 1,600-square-foot duplex offers a 2+2 configuration with two residential units. The property features masonry, brick, and stone construction, along with hot-water heating. Utilities are separately metered, supporting distinct unit operations. Laundry facilities are located in the basement, and an additional stairway provides interior access.

An attached two-car garage and a large private driveway provide on-site parking. The property also includes a 0.0157-acre lot and is located in Philadelphia, Pennsylvania, within ZIP Code 19111. One tenant is currently on a month-to-month arrangement.

Key Highlights

  • Duplex configured as 2+2 units
  • 1,600 square feet of property size
  • Two‑car attached garage with private driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,482
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,640 $429.6K
Cap Rate 7%
$306,886 $306.9K
Cap Rate 9%
$238,689 $238.7K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$31.7K $19.80/SF
− Vacancy
−$992 −$0.62/SF
EGI
$30.7K $19.18/SF
− OpEx
−$9.2K −$5.75/SF
NOI
$21.5K $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%
$429,640
Cap Rate 7%
$306,886
Cap Rate 9%
$238,689

Alternative Uses

Best Use
Multifamily LT 5
$306.9K
$268.5K – $358.0K (±1% cap)
NOI $21,482 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$283.0K
$247.6K – $330.2K (±1% cap)
NOI $19,810 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$485.1K
$424.5K – $566.0K (±1% cap)
NOI $33,957 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,003
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit layout with separated utilities, basement laundry, and attached garage.
Where is this duplex located?
The property is located at 1037 FANSHAWE 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: Duplex configured as 2+2 units; 1,600 square feet of property size; Two‑car attached garage with private driveway
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