Renovated Two-Unit
For Sale
$340,000
112 S 57TH STREET, Philadelphia, PA 19139
Legal duplex conversion with modern finishes, separate one-bedroom layouts, and private first-floor access to the backyard.
Property Size1,314 SF
Days on Market66
Property Features for 112 S 57TH STREET
General Information
Standard status
Active
Size
1,314 SF
Property subtype
Duplex
Site & Location
Neighborhood
West Philadelphia
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,915
Building Details
Building Size
1,314 SF
Year Built
1925
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Lindsay Hymson · License #RSR004644
(347) 352-0989
Source:
Patmckennarealtors
Added: Aug 20
Changed: Oct 21
Last Checked: Oct 23 at 12:35PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This legal duplex conversion contains two renovated residences within a 1,314-square-foot property built in 1925. The first-floor unit offers one bedroom and one bathroom, along with direct access to the backyard and unfinished basement. The upper residence also includes one bedroom and one bathroom, with a loft-like interior arrangement and updated finishes throughout.
A sunlit foyer provides the entry point, while the basement offers additional storage space and future build-out potential. The two-unit configuration supports separate occupancy and rental use, providing flexibility for an owner-occupant or an investor. Both residences are presented as move-in ready, with modernized interiors and distinct living areas.
A sunlit foyer provides the entry point, while the basement offers additional storage space and future build-out potential. The two-unit configuration supports separate occupancy and rental use, providing flexibility for an owner-occupant or an investor. Both residences are presented as move-in ready, with modernized interiors and distinct living areas.
Key Highlights
- Legal duplex conversion with 2 one‑bedroom, 1‑bathroom units
- 1,314‑square‑foot property built in 1925
- Renovated interiors with modern finishes throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,423
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,460
$448.5K
Cap Rate 7%
$320,329
$320.3K
Cap Rate 9%
$249,144
$249.1K
Market Conditions
NOI Build-Up for 1,314 SF
Gross rent
$33.9K $25.80/SF
− Vacancy
−$1.9K −$1.42/SF
EGI
$32.0K $24.38/SF
− OpEx
−$9.6K −$7.31/SF
NOI
$22.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,460
Cap Rate 7%
$320,329
Cap Rate 9%
$249,144
Alternative Uses
Best Use
Multifamily LT 5
$320.3K
$280.3K – $373.7K
NOI $22,423 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$295.3K
$258.4K – $344.5K
NOI $20,669 @ 7.0% cap · market cap 6.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,294
Businesses Nearby
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Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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 - Legal duplex conversion with modern finishes, separate one-bedroom layouts, and private first-floor access to the backyard.
Where is this duplex located?
The property is located at 112 S 57TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Legal duplex conversion with 2 one‑bedroom, 1‑bathroom units; 1,314‑square‑foot property built in 1925; Renovated interiors with modern finishes throughout
