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    116 N 53Rd St Philadelphia, PA 19139

    For Sale
    $185,000

    Nearly completed duplex in growing area, ideal for investors.

    Lot size:
    0.03 Acres

    Property Features for 116 N 53Rd St

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1925

    Source: Prosperity Real Estate & Investment Services

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Duplex for Sale Opportunity

    This is an opportunity to acquire a nearly completed duplex located in a growing area. The property is fully framed and approximately two-thirds finished. The first unit features a 1-bed, 1-bath layout, while the second unit offers 2 beds and 1 bath. Both units are vacant and ready for completion. This property is being sold in AS-IS condition. It is ideal for an investor or someone looking to add value with the final touches. The buyer is responsible for U&O.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2266443
    Latitude
    39.9622871

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    FAQs

    What type of property is this?
    Duplex - Nearly completed duplex in growing area, ideal for investors.
    Where is this duplex located?
    The property is located at 116 N 53Rd St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Duplex for sale in a growing area.; - Partially completed construction provides a head start.; - Two vacant units ready for completion.
    (866) 327-7673
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 N 53Rd St Philadelphia, PA 19139
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