Two-Unit Brick
For Sale
$315,000
1131 COTTMAN Avenue, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size1,890 SF
Lot Size0.09 Acres
Price / SF$166.67
Days on Market78
Property Features for 1131 COTTMAN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
PHILADELPHIA (NORTHEAST)
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
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: Oct 16
Last Checked: Oct 22 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.
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Investment Insights
Based on property information with market context.
This three-story masonry duplex contains two residences with a combined 1,890 square feet. The first-floor unit has one bedroom, a living room, kitchen, full bath, and rear mudroom with access to the yard. The upper residence spans the second and third floors, with three bedrooms, a family room, kitchen, and full bath. Interior updates include granite counters and stainless steel appliances in the first-floor kitchen, fresh paint, tiled bathrooms, and updated flooring. A full unfinished basement provides laundry and shared storage. The property also has a front porch and deep backyard, with separate gas and electric meters.
Situated on Cottman Avenue in Northeast Philadelphia, the property has access to public transportation, shopping, and major roadways. Nearby schools include Northeast High, Baldi Middle, and Tabor.
Situated on Cottman Avenue in Northeast Philadelphia, the property has access to public transportation, shopping, and major roadways. Nearby schools include Northeast High, Baldi Middle, and Tabor.
Key Highlights
- Two residences totaling 1,890 square feet
- Three‑story masonry construction on a 32' x 120' lot
- First‑floor unit has 1 bedroom and 1 bath; upper unit has 3 bedrooms and 1 bath
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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Open Analytics
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Independent gas and electric meters serve the two residences.
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 residences totaling 1,890 square feet; Three‑story masonry construction on a 32' x 120' lot; First‑floor unit has 1 bedroom and 1 bath; upper unit has 3 bedrooms and 1 bath
