Two-Unit Duplex with Separate
1216 S 20TH STREET Philadelphia, PA 19146
1216 S 20TH STREET, Philadelphia, PA, 19146
$619,000
For Sale
$619,000
Duplex with two independent residences, separate utilities, and in-unit washers and dryers.
Property Size2,034 SF
Price / SF$304.33
Days on Market15
Property Features for 1216 S 20TH STREET
General Information
- Standard status
- Active
- Size
- 2,034 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2010
Listing agency
Compass Pennsylvania, LLC
(215) 776-0217
Listed by
Cheryl Nash Miller · License #RS227253L
(215) 776-0217
Source
Cummingsrealtors
Added: Jul 9 Updated: Jul 21 at 2:17PM Checked: Jul 23 at 5:36AM
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
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)
Local 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 | $52.5k | $25.80 |
| − Vacancy | −$2.9k | −$1.42 |
| EGI | $49.6k | $24.38 |
| − OpEx | −$14.9k | −$7.31 |
| NOI | $34.7k | $17.06 |
2,034 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$495.9K
$433.9K – $578.5K
NOI $34,710 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$457.1K
$399.9K – $533.2K
NOI $31,994 @ 7.0% cap · market cap 5.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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 $619,000.
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)
