Detached Duplex with Private
For Sale
$350,000
1120 BLEIGH AVENUE, Philadelphia, PA 19111
Well-maintained detached duplex offers two separate units with private entrances and updated exterior siding.
Property Size1,440 SF
Price / SF$243.06
Days on Market19
Property Features for 1120 BLEIGH AVENUE
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
Keller Williams Realty - Atlantic Shore
(609) 271-2612
Listed By:
Yuberangel Ledesma · License #2192263
(609) 271-2612
Source:
Cummingsrealtors
Added: Jul 14
Changed: Jul 27
Last Checked: Aug 1 at 4:57AM
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 Keller Williams Realty - Atlantic Shore
Investment Insights
Based on property information with market context.
This detached duplex is well-maintained and configured as two separate units, each with its own private entrance. The exterior includes updated siding, supporting a clean, well-cared-for appearance.
Located in Northeast Philadelphia, the property is described as convenient to shopping, restaurants, schools, public transportation, and major highways, helping support day-to-day accessibility.
Offered for sale as a residential income property, the building provides a straightforward two-unit setup for an investor or an owner-occupant seeking rental income.
Located in Northeast Philadelphia, the property is described as convenient to shopping, restaurants, schools, public transportation, and major highways, helping support day-to-day accessibility.
Offered for sale as a residential income property, the building provides a straightforward two-unit setup for an investor or an owner-occupant seeking rental income.
Key Highlights
- Detached duplex built in 1960 with two separate units
- Each unit has a private entrance
- Updated exterior siding
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 | $28.5k | $19.80 |
| − Vacancy | −$892 | −$0.62 |
| EGI | $27.6k | $19.18 |
| − OpEx | −$8.3k | −$5.75 |
| NOI | $19.3k | $13.43 |
1,440 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.2K
NOI $19,334 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$254.7K
$222.9K – $297.2K
NOI $17,829 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$436.6K
$382.0K – $509.4K
NOI $30,562 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained detached duplex offers two separate units with private entrances and updated exterior siding.
Where is this duplex located?
The property is located at 1120 BLEIGH AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Detached duplex built in 1960 with two separate units; Each unit has a private entrance; Updated exterior siding
