Two-Unit Duplex with Separate
For Sale
$550,000
Pending
1216 S 20TH STREET, Philadelphia, PA 19146
Duplex with two independent residences, separate utilities, and in-unit washers and dryers.
Property Size2,034 SF
Days on Market103
Property Features for 1216 S 20TH STREET
General Information
Standard status
Pending
Size
2,034 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Philadelphia
Taxes and HOA fees
Annual Taxes
$5,502
Building Details
Building Size
2,034 SF
Year Built
2010
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Cheryl Nash Miller · License #RS227253L
(215) 776-0217
Source:
Patmckennarealtors
Added: Jul 14
Changed: Oct 21
Last Checked: Oct 23 at 12:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
1216 S 20th Street is a well-maintained duplex featuring two completely independent residences with separate entrances and separate utilities. The first-floor unit offers a 1-bedroom, 2-bath layout with an open living area, an updated kitchen, and hardwood flooring across the main level. A fully finished basement with ceramic tile adds additional versatile living space, and the unit includes an in-unit washer and dryer.
The upper bi-level residence receives natural light and includes hardwood flooring, an updated kitchen, 2–3 bedrooms, and 2 full baths with generous living space. Like the lower unit, it also has an in-unit washer and dryer.
Owner-occupied with no rental history to date, the property’s layout and condition are designed to simplify ownership and day-to-day management. The home is located in Philadelphia’s Point Breeze neighborhood, with access to restaurants, shopping, public transportation, major hospitals, universities, parks, and neighborhood amenities.
The upper bi-level residence receives natural light and includes hardwood flooring, an updated kitchen, 2–3 bedrooms, and 2 full baths with generous living space. Like the lower unit, it also has an in-unit washer and dryer.
Owner-occupied with no rental history to date, the property’s layout and condition are designed to simplify ownership and day-to-day management. The home is located in Philadelphia’s Point Breeze neighborhood, with access to restaurants, shopping, public transportation, major hospitals, universities, parks, and neighborhood amenities.
Key Highlights
- Duplex built in 2010 with two completely independent residences, each with a separate entrance and separate utilities
- First‑floor unit: 1‑bedroom, 2‑bath with open living area, updated kitchen, and hardwood flooring on the main level
- Fully finished basement with ceramic tile for added living space in the first‑floor unit (family room, office, gym, or potential second bedroom)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,710
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,200
$694.2K
Cap Rate 7%
$495,857
$495.9K
Cap Rate 9%
$385,667
$385.7K
Market Conditions
NOI Build-Up for 2,034 SF
Gross rent
$52.5K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.6K $24.38/SF
− OpEx
−$14.9K −$7.31/SF
NOI
$34.7K $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%
$694,200
Cap Rate 7%
$495,857
Cap Rate 9%
$385,667
Alternative Uses
Best Use
Multifamily LT 5
$495.9K
$433.9K – $578.5K
NOI $34,710 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$457.1K
$399.9K – $533.2K
NOI $31,994 @ 7.0% cap · market cap 5.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,200
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two independent residences, separate utilities, and in-unit washers and dryers.
Where is this duplex located?
The property is located at 1216 S 20TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex built in 2010 with two completely independent residences, each with a separate entrance and separate utilities; First‑floor unit: 1‑bedroom, 2‑bath with open living area, updated kitchen, and hardwood flooring on the main level; Fully finished basement with ceramic tile for added living space in the first‑floor unit (family room, office, gym, or potential second bedroom)
