Renovated Duplex with In-Unit
1161 OVERINGTON Street Philadelphia, PA 19124
New
For Sale
$315,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,170 SF
Lot Size0.04 Acres
Price / SF$269.23
Days on Market4
Property Features for 1161 OVERINGTON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Basement
- Parking
- 2
- Parking features
- Driveway
- 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)
Building Details
- Year built
- 1940
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
Anthony F DiCicco · License #RS315362
(215) 385-2006
Added: Jul 23
Last Checked: Jul 26 at 10:06AM
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.
Investment Insights
Based on property information with market context.
This renovated duplex offers two separate 2-bedroom, 1-bath units. Each apartment includes updated kitchens with contemporary finishes and stainless steel appliances, along with energy-efficient LED lighting throughout. A key convenience is in-unit laundry: both units have their own private washer and dryer.
The property is currently occupied on month-to-month leases, providing immediate rental income while allowing flexibility for future arrangements. The home is offered at 1161 Overington Street in Philadelphia, PA.
Designed for straightforward, low-maintenance ownership, the duplex has been recently renovated and is positioned for move-in readiness for a buyer seeking a turn-key income-producing property.
The property is currently occupied on month-to-month leases, providing immediate rental income while allowing flexibility for future arrangements. The home is offered at 1161 Overington Street in Philadelphia, PA.
Designed for straightforward, low-maintenance ownership, the duplex has been recently renovated and is positioned for move-in readiness for a buyer seeking a turn-key income-producing property.
Key Highlights
- Legally zoned duplex with two 2‑bedroom, 1‑bath units at 1161 Overington Street
- Each unit has an updated kitchen with stainless steel appliances and LED lighting
- Private washer and dryer included in each apartment
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 | $23.2k | $19.80 |
| − Vacancy | −$1.6k | −$1.39 |
| EGI | $21.5k | $18.41 |
| − OpEx | −$6.5k | −$5.52 |
| NOI | $15.1k | $12.89 |
1,170 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.4K
$188.5K – $251.3K
NOI $15,076 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$198.2K
$173.4K – $231.2K
NOI $13,872 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$673.0K
$588.9K – $785.2K
NOI $47,110 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated duplex with two 2-bedroom, 1-bath units, each featuring a private washer and dryer.
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 $315,000.
What are key features of this property?
This property features: Legally zoned duplex with two 2‑bedroom, 1‑bath units at 1161 Overington Street; Each unit has an updated kitchen with stainless steel appliances and LED lighting; Private washer and dryer included in each apartment
