Renovated Two-Unit
For Sale
$299,900
1161 OVERINGTON Street, Philadelphia, PA 19124
Multi-Family, PHILADELPHIA, PA
Property Size1,170 SF
Lot Size0.04 Acres
Price / SF$256.32
Days on Market100
Property Features for 1161 OVERINGTON Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Driveway
Subdivision
FRANKFORD
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,170 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2602
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s)
Amenities
in-unit washer/dryer
Building Details
Year built
1940
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Keller Williams Real Estate - Newtown · Keller Williams Realty
(215) 860-4200
Listed By:
Anthony F DiCicco · License #RS315362
(215) 385-2006
Added: Jul 23
Changed: Sep 24
Last Checked: Oct 30 at 2:06PM
MLS# PAPH2651300
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 legally zoned duplex contains two 2-bedroom, 1-bathroom apartments within 1,170 square feet. Recent renovations include updated kitchens with stainless steel appliances, contemporary cabinetry, modern finishes, and LED lighting. Each unit has its own washer and dryer, while masonry construction, forced-air heating, wall-unit cooling, and a driveway serve the property. The building was constructed in 1940 and includes a basement.
Both apartments are occupied under month-to-month leases. The property is located at 1161 Overington Street in Philadelphia, Pennsylvania 19124, with public transportation, shopping, dining, schools, and major commuter routes identified nearby.
Both apartments are occupied under month-to-month leases. The property is located at 1161 Overington Street in Philadelphia, Pennsylvania 19124, with public transportation, shopping, dining, schools, and major commuter routes identified nearby.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units in a legally zoned duplex
- 1,170 square feet on a 0.0374‑acre lot
- Both units occupied on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,076
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,520
$301.5K
Cap Rate 7%
$215,371
$215.4K
Cap Rate 9%
$167,511
$167.5K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$23.2K $19.80/SF
− Vacancy
−$1.6K −$1.39/SF
EGI
$21.5K $18.41/SF
− OpEx
−$6.5K −$5.52/SF
NOI
$15.1K $12.89/SF
Area
ZIP 19124
Vacancy
7.03%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,520
Cap Rate 7%
$215,371
Cap Rate 9%
$167,511
Alternative Uses
Best Use
Multifamily LT 5
$215.4K
$188.5K – $251.3K
NOI $15,076 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$198.2K
$173.4K – $231.2K
NOI $13,872 @ 7.0% cap · market cap 4.63%
Theoretical Best
Specialty Retail
$673.0K
$588.9K – $785.2K
NOI $47,110 @ 7.0% cap · market cap 15.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
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Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied apartments feature updated kitchens and private laundry.
Where is this duplex located?
The property is located at 1161 OVERINGTON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units in a legally zoned duplex; 1,170 square feet on a 0.0374‑acre lot; Both units occupied on month‑to‑month leases
