Two-Unit Brick
For Sale
$375,000
1131 COTTMAN Avenue, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size1,890 SF
Lot Size0.09 Acres
Price / SF$198.41
Days on Market26
Property Features for 1131 COTTMAN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,890 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
4829
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Amenities
front porch
backyard
laundry
Building Details
Year built
1953
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Mercury Real Estate Group
(215) 462-5100
Listed By:
Van M Ha · License #RS320713
(215) 806-9196
Added: Aug 6
Changed: Aug 25
Last Checked: Aug 31 at 2:06AM
MLS# PAPH2655078
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.
Investment Insights
Based on property information with market context.
This three-story duplex contains 1,890 square feet across two units. The first floor includes one bedroom, one bathroom, a living room, kitchen, tiled bath, and rear mudroom with backyard access. The upper residence occupies the second and third floors with two bedrooms, one bathroom, a living room, and kitchen. Interior improvements include granite counters, stainless steel appliances in the first-floor kitchen, updated flooring, freshly painted rooms, and recently tiled bathrooms.
The property sits on a 0.0882-acre lot measuring 32 feet by 120 feet and includes a front porch, deep backyard, and full unfinished basement with laundry and shared storage. Separate gas and electric meters serve the units. Masonry construction dates to 1953, with forced-air heating, window-unit cooling, and on-street parking. The address is on Cottman Avenue in Philadelphia’s Fox Chase area, near public transportation, shopping, major roadways, Northeast High, Baldi Middle, and Tabor.
The property sits on a 0.0882-acre lot measuring 32 feet by 120 feet and includes a front porch, deep backyard, and full unfinished basement with laundry and shared storage. Separate gas and electric meters serve the units. Masonry construction dates to 1953, with forced-air heating, window-unit cooling, and on-street parking. The address is on Cottman Avenue in Philadelphia’s Fox Chase area, near public transportation, shopping, major roadways, Northeast High, Baldi Middle, and Tabor.
Key Highlights
- Two‑unit duplex with 1,890 square feet of total property size
- First‑floor 1‑bedroom/1‑bath unit; upper 2‑bedroom/1‑bath residence spans two levels
- 0.0882‑acre lot measuring 32' x 120' with a deep backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,375
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 6.77%
Second Best
Apartment 5plus
$334.3K
$292.5K – $390.0K
NOI $23,401 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$573.0K
$501.4K – $668.5K
NOI $40,112 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,245
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 - Three-story masonry property with separate utilities, a full basement, and two distinct residential layouts.
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 $375,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,890 square feet of total property size; First‑floor 1‑bedroom/1‑bath unit; upper 2‑bedroom/1‑bath residence spans two levels; 0.0882‑acre lot measuring 32' x 120' with a deep backyard
