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Fully Occupied Point Breeze Duplex

1163 S CLEVELAND Street, Philadelphia, PA 19146

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For Sale

$299,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

1,086 SF

Lot size:

0.02 Acres

Price / SF:

$276/SF

HighLights

Fully occupied duplex with first‑floor rent of $1,100 and second‑floor rent of $1,000
Year built 1920 with masonry construction
Heating includes electric with baseboard and forced air systems
On‑street parking
First‑floor unit features hardwood flooring and a large kitchen, plus rear yard access and basement access
Second‑floor unit features hardwood flooring, a spacious kitchen, and a large main bedroom

We can help!

Listing Contact

Traci Madison

For Sale

$299,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

1,086 SF

Lot size:

0.02 Acres

Price / SF:

$276/SF

Added:: Dec 31, 2025
Days on Market:: 168
Last Refresh:: Jun 17 at 10:06 pm

Property Features for 1163 S CLEVELAND Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Standard status: Active
Size: 1,086 SF
Lot size: 0.02 Acres

Taxes and HOA fees

Tax Annual Amount: 4375

Utilities

Heating system: Electric (Heating), Baseboard, Forced Air

Building Details

Year built: 1920
Number of units: 2
Building materials: Masonry
Architectural style: Other

We can help!

Listing Contact

Traci Madison

Listing agent Traci Madison License #RM424596

Listing office Madison Real Estate Inc. DBA MRE Residential Inc. 2401 Pennsylvania Avenue unit: 105, Bear, PA

Listing date Dec 31, 2025

MLS# PAPH2570050 Listing URL

HighLights

Fully occupied duplex with first‑floor rent of $1,100 and second‑floor rent of $1,000
Year built 1920 with masonry construction
Heating includes electric with baseboard and forced air systems
On‑street parking
First‑floor unit features hardwood flooring and a large kitchen, plus rear yard access and basement access
Second‑floor unit features hardwood flooring, a spacious kitchen, and a large main bedroom

Overview

This fully occupied duplex is located in the Point Breeze area. The first-floor unit, currently renting for $1,100, features hardwood flooring, a spacious bedroom with sunlight exposure, a large kitchen, access to the rear yard, and basement access. The second-floor unit, currently renting for $1,000, also features hardwood flooring, a spacious kitchen, and a large main bedroom with sunlight exposure. The property size is 1,086 square feet and the lot size is 0.0161 acres.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$28.0k	$25.80
− Vacancy	−$1.5k	−$1.42
EGI	$26.5k	$24.38
− OpEx	−$7.9k	−$7.31
NOI	$18.5k	$17.06

1,086 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$264.7K

$231.7K – $308.9K (±1% cap)

NOI $18,532 @ 7.0% cap · market cap 6.18%

Second Best

Apartment 5plus

$244.0K

$213.5K – $284.7K (±1% cap)

NOI $17,082 @ 7.0% cap · market cap 5.70%

Theoretical Best

—

same as Best Use

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

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.17395
Latitude: 39.93698

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For sale
Duplexes
PA
Philadelphia
19146
1163 S CLEVELAND Street

What type of property is this?

Duplex - Duplex in Point Breeze, Philadelphia. Great investment opportunity.

Where is this duplex located?

The property is located at 1163 S CLEVELAND 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: Fully occupied duplex with first‑floor rent of $1,100 and second‑floor rent of $1,000; Year built 1920 with masonry construction; Heating includes electric with baseboard and forced air systems

1163 S CLEVELAND Street, Philadelphia, PA 19146

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Features for 1163 S CLEVELAND Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Single-Story Retail Building

Freestanding Office Building on Corner

Restaurant Opportunity in Philadelphia, PA

Medical Office Building with Parking

Iconic East Falls Cornerstone Building

Industrial Garage-Style Property Package

Mixed-Use Brownstone with Storefront

Prime Philadelphia Retail Opportunity

Mixed-Use Building with Two-Level Layout

Turnkey Three-Story Building with Elevator

Turnkey Triplex with Tax Abatement

Newly Constructed Duplex Investment

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