Legal Duplex
New
For Sale
$189,900
116 E ELEANOR Street, Philadelphia, PA 19120
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,350 SF
Lot Size0.05 Acres
Price / SF$140.67
Days on Market5
Property Features for 116 E ELEANOR Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,350 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
1921
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1942
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
DJCRE Inc.
(215) 271-7070
Listed By:
Frederic D Musilli · License #RM421769
(215) 271-7070
Added: Jul 28
Last Checked: Aug 1 at 4:06AM
MLS# PAPH2652956
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 offering is a legal duplex residential income property. The parcel size is approximately 0.0483 acres, and the total property size is approximately 1,350 square feet.
The property is located at 116 E ELEANOR Street in Philadelphia, Pennsylvania 19120. The listing notes that the home is straightforward to view.
The property is located at 116 E ELEANOR Street in Philadelphia, Pennsylvania 19120. The listing notes that the home is straightforward to view.
Key Highlights
- Legal duplex
- Year built: 1942
- Construction materials: masonry
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
Property Profile
Current Use
Lease Details
2
Residential units
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 - Legal duplex offered for sale in Philadelphia with approximately 1,350 square feet of residential income space.
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; Year built: 1942; Construction materials: masonry
