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Brick Two-Unit Duplex With Driveway
For Sale
$525,000

10602 Cowden Street, Philadelphia, PA 19116

MULTI_FAMILY - Philadelphia, PA

Property Size2,584 SF
Lot Size0.14 Acres
Price / SF$203.17
Days on Market126

Property Features for 10602 Cowden Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning -
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Parking features Off Street, On Street
Fencing Fenced
Basement Partially Finished
Lot features Back Yard
Subdivision Somerton
Standard status Active
APN 58-2-5992-00
Size 2,584 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 6326

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)

Building Details

Year built 1960
Floors in Building 3
Number of units 2
Building materials Brick
Listing Agency: United National Realty
Listed By: Igor Baboshkin
Added: Mar 28 Changed: Jul 29 Last Checked: Jul 31 at 11:06AM
MLS# 2601602

Copyright © 2026 Staten Island Board of Realtors. 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 beautifully maintained brick two-family duplex offers two separate units, each featuring 2 bedrooms and 1 full bath. Renovations completed between 2019 and 2023 include updated kitchens with stainless steel appliances, dishwashers, and in-unit laundry rooms with full-size washers and dryers. The units are supported by separate utilities except water, offering flexibility for day-to-day management.

The property includes two unfinished basements, which can provide additional storage and future options depending on how the space is finished. Outside, there is a private driveway accommodating 4+ vehicles, along with additional street parking with no restrictions. The setting is tucked away on a quiet cul-de-sac, with a front yard featuring rose bushes and a backyard with fruit trees (apricots and plums), berry bushes, and lush greenery, plus a detached metal shed.

Located in Northeast Philadelphia, the home is about 3 blocks from Route 1 (Roosevelt Boulevard). A nearby pedestrian path provides walkable access to shopping plazas including ShopRite and Target, and additional services and retailers are available within minutes.

Key Highlights

  • Brick two‑family duplex built in 1960 with two separate 2BR/1BA units
  • Updated kitchens in both units include stainless steel appliances, dishwashers, and in‑unit laundry (full‑size washers/dryers)
  • Separate utilities (except water) for easier management and flexible rental options

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 $66.7k $25.80
− Vacancy −$3.7k −$1.42
EGI $63.0k $24.38
− OpEx −$18.9k −$7.31
NOI $44.1k $17.06
2,584 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$629.9K
$551.2K – $734.9K (±1% cap)
NOI $44,096 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$580.6K
$508.1K – $677.4K (±1% cap)
NOI $40,645 @ 7.0% cap · market cap 7.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Grocery & Convenience 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

724
Businesses Nearby

Demographics for 19116, PA

35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
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 - Renovated two-family duplex with updated kitchens, in-unit laundry, separate utilities (except water), and ample parking.
Where is this duplex located?
The property is located at 10602 Cowden Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Brick two‑family duplex built in 1960 with two separate 2BR/1BA units; Updated kitchens in both units include stainless steel appliances, dishwashers, and in‑unit laundry (full‑size washers/dryers); Separate utilities (except water) for easier management and flexible rental options
More about this property
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