Two-Unit Duplex with Walk-Out Lower
121 NANDINA Street, Philadelphia, PA 19116
For Sale
$540,000
Multi-Family, PHILADELPHIA, PA
Property Size1,988 SF
Lot Size0.07 Acres
Price / SF$271.63
Days on Market11
Property Features for 121 NANDINA Street
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
attached garage
private backyard
deck
washer/dryer
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
Elite Realty Group Unl. Inc. · RE/MAX International
(215) 328-4800
Listed By:
Mark Kolibolotsky · License PA AB066716
(215) 328-4848
Added: Nov 2
Changed: Nov 10
Last Checked: Nov 12 at 6:06PM
MLS# PAPH2686928
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 brick duplex, built in 1969, contains two apartments, each with two bedrooms and one bathroom. The finished, walk-out lower level adds an in-law suite with a full bath and three sets of washers and dryers. The property totals 1,988 square feet on a 0.0672-acre lot. An attached two-car garage, driveway, private backyard, and large deck round out the layout.
Updates include kitchens, bathrooms, HVAC systems, replacement windows, laminate flooring, and a newer roof. The property is in Philadelphia’s Somerton / Philmont Heights area, in a cul-de-sac setting. Shopping, restaurants, parks, public transportation, schools, and major commuting routes are described as minutes away.
Updates include kitchens, bathrooms, HVAC systems, replacement windows, laminate flooring, and a newer roof. The property is in Philadelphia’s Somerton / Philmont Heights area, in a cul-de-sac setting. Shopping, restaurants, parks, public transportation, schools, and major commuting routes are described as minutes away.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- Finished walk‑out lower level includes an in‑law suite and full bath
- 1,988 square feet on a 0.0672‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,925
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,500
$678.5K
Cap Rate 7%
$484,643
$484.6K
Cap Rate 9%
$376,944
$376.9K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$51.3K $25.80/SF
− Vacancy
−$2.8K −$1.42/SF
EGI
$48.5K $24.38/SF
− OpEx
−$14.5K −$7.31/SF
NOI
$33.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,500
Cap Rate 7%
$484,643
Cap Rate 9%
$376,944
Alternative Uses
Best Use
Multifamily LT 5
$484.6K
$424.1K – $565.4K
NOI $33,925 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$446.7K
$390.9K – $521.2K
NOI $31,270 @ 7.0% cap · market cap 5.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments and a finished lower-level suite provide multiple living areas within one residential income property.
Where is this duplex located?
The property is located at 121 NANDINA Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Finished walk‑out lower level includes an in‑law suite and full bath; 1,988 square feet on a 0.0672‑acre lot
