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Two-Unit Duplex with Private Deck
For Sale
$329,999

1224 S 20Th Street, Philadelphia, PA 19146

Duplex offers two separately metered 2BR/1BA units, each with private deck space and an attached garage.

Property Size1,440 SF
Price / SF$229.17
Days on Market229

Property Features for 1224 S 20Th Street

General Information

Standard status Active
Size 1,440 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

private deck
attached garage
Unfinished
Natural Gas
Yes
No
Assessor
No Pool
Refrigerator,stove
Public
S30
15.00 x 57.00
0.02
Garage - Side Entry
Attached Garage,On Street
Concrete Driveway
Other
33300.00
1

Building Details

Building Size 1,440 SF
Year Built 1920
Listing Agency: Maya Real Estate Brokerage LLC
Listed By: Gary Cook
Source: Thetristaterealestategroup
Added: Dec 15, 2025 Changed: Jul 27 Last Checked: Jul 31 at 3:32AM

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 Maya Real Estate Brokerage LLC

Investment Insights

Based on property information with market context.

This duplex features two separate 2BR/1BA units with private deck space. The first-floor unit has basement access and is currently occupied. The second-floor unit is ready for immediate occupancy. Both units are separately metered and operate on a month-to-month basis, providing flexibility for an investor or an owner-occupant. An attached garage is included, and the property is being sold in as-is condition.

Located in Point Breeze near SEPTA bus access into Center City, the property is positioned within a walkable area with neighborhood amenities including a playground, cafés, restaurants, yoga studios, urgent care, and grocery options along Washington Ave.

The building provides a straightforward two-unit residential income setup with decks for outdoor space and separate utilities for each unit.

Key Highlights

  • Duplex with two separately metered 2BR/1BA units
  • First‑floor unit is occupied; second‑floor 2BR/1BA unit is ready for immediate occupancy
  • Each unit includes private deck space

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 $37.2k $25.80
− Vacancy −$2.0k −$1.42
EGI $35.1k $24.38
− OpEx −$10.5k −$7.31
NOI $24.6k $17.06
1,440 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$351.0K
$307.2K – $409.6K (±1% cap)
NOI $24,573 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$323.6K
$283.1K – $377.5K (±1% cap)
NOI $22,651 @ 7.0% cap · market cap 6.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Nursing Home Electrical Service Auto Parts Store Tech Support Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,200
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers two separately metered 2BR/1BA units, each with private deck space and an attached garage.
Where is this duplex located?
The property is located at 1224 S 20Th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,999.
What are key features of this property?
This property features: Duplex with two separately metered 2BR/1BA units; First‑floor unit is occupied; second‑floor 2BR/1BA unit is ready for immediate occupancy; Each unit includes private deck space
More about this property
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