Three-Story Duplex with Full
For Sale
$315,000
1131 COTTMAN AVENUE, Philadelphia, PA 19111
Two-unit brick residence with updated interiors, separate utilities, basement storage, and outdoor space.
Property Size1,890 SF
Lot Size0.09 Acres
Price / SF$166.67
Days on Market78
Property Features for 1131 COTTMAN AVENUE
General Information
Standard status
Active
Size
1,890 SF
Lot size
0.09 Acres
Property subtype
Duplex
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,829
Amenities
front porch
backyard
full basement with laundry and storage
Building Details
Building Size
1,890 SF
Year Built
1953
Buildings
1
Stories
3
Construction
masonry
Listing Agency:
Mercury Real Estate Group
Listed By:
Van M Ha · License #RS320713
(215) 806-9196
Source:
Lizclarkrealestate
Added: Aug 6
Changed: Oct 21
Last Checked: Oct 21 at 2:41AM
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 Mercury Real Estate Group
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Investment Insights
Based on property information with market context.
This three-story duplex contains 1,890 square feet across two residential units. The first-floor apartment offers one bedroom, one bathroom, a living room, kitchen, tiled full bath, and rear mudroom access to the backyard. The upper residence occupies the second and third floors with two bedrooms, one bathroom, a living room, kitchen, and additional living area across its two levels. Kitchens include granite countertops, while the first-floor kitchen has stainless steel appliances. Interior improvements include fresh paint, updated flooring, and newly tiled bathrooms.
The property includes separate gas and electric meters, a full unfinished basement with laundry and shared storage, a front porch, and a deep backyard. Brick/masonry construction dates to 1953. Located on Cottman Avenue in Northeast Philadelphia, the duplex has access to public transportation, shopping, and major roadways, with Northeast High, Baldi Middle, and Tabor nearby.
The property includes separate gas and electric meters, a full unfinished basement with laundry and shared storage, a front porch, and a deep backyard. Brick/masonry construction dates to 1953. Located on Cottman Avenue in Northeast Philadelphia, the duplex has access to public transportation, shopping, and major roadways, with Northeast High, Baldi Middle, and Tabor nearby.
Key Highlights
- Two‑unit duplex with 1,890 square feet of total interior space
- First‑floor unit includes 1 bed, 1 bath, kitchen, mudroom, and backyard access
- Second- and third‑floor unit offers 2 beds and 1 bath across two levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,375
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,500
$507.5K
Cap Rate 7%
$362,500
$362.5K
Cap Rate 9%
$281,944
$281.9K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$37.4K $19.80/SF
− Vacancy
−$1.2K −$0.62/SF
EGI
$36.3K $19.18/SF
− OpEx
−$10.9K −$5.75/SF
NOI
$25.4K $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%
$507,500
Cap Rate 7%
$362,500
Cap Rate 9%
$281,944
Alternative Uses
Best Use
Multifamily LT 5
$362.5K
$317.2K – $422.9K
NOI $25,375 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$334.3K
$292.5K – $390.0K
NOI $23,401 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$573.0K
$501.4K – $668.5K
NOI $40,112 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,245
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 - Two-unit brick residence with updated interiors, separate utilities, basement storage, and outdoor space.
Where is this duplex located?
The property is located at 1131 COTTMAN AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,890 square feet of total interior space; First‑floor unit includes 1 bed, 1 bath, kitchen, mudroom, and backyard access; Second- and third‑floor unit offers 2 beds and 1 bath across two levels
