Legal Duplex
New
For Sale
$189,900
116 E ELEANOR STREET, Philadelphia, PA 19120
Two-unit residential income property built in 1942 in Philadelphia’s 19120 ZIP code.
Property Size1,350 SF
Price / SF$140.67
Days on Market5
Property Features for 116 E ELEANOR STREET
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Duplex
Building Details
Year Built
1942
Listing Agency:
DJCRE Inc.
(215) 271-7070
Listed By:
Frederic D Musilli · License #RM421769
(215) 271-7070
Source:
Cummingsrealtors
Added: Jul 27
Changed: Jul 31
Last Checked: Jul 31 at 12:18PM
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 DJCRE Inc.
Investment Insights
Based on property information with market context.
This legal duplex is a two-unit residential income property at 116 E Eleanor Street in Philadelphia, Pennsylvania. The property was built in 1942 and has a reported property size of 1,350.
Located in Philadelphia’s 19120 ZIP code, the property offers an established duplex configuration for residential income use.
Located in Philadelphia’s 19120 ZIP code, the property offers an established duplex configuration for residential income use.
Key Highlights
- Legal duplex configuration
- 1,350 reported property size
- Built in 1942
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 | $22.5k | $16.68 |
| − Vacancy | −$1.6k | −$1.20 |
| EGI | $20.9k | $15.48 |
| − OpEx | −$6.3k | −$4.64 |
| NOI | $14.6k | $10.83 |
1,350 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.9K
$182.8K – $243.8K
NOI $14,625 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$185.8K
$162.6K – $216.8K
NOI $13,008 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$322.5K
$282.2K – $376.2K
NOI $22,574 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,563
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
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 - Two-unit residential income property built in 1942 in Philadelphia’s 19120 ZIP code.
Where is this duplex located?
The property is located at 116 E ELEANOR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Legal duplex configuration; 1,350 reported property size; Built in 1942
