Duplex with Private
1224 South 20th Street Philadelphia, PA 19146
For Sale
$375,000
Duplex for sale with two separately metered 2BR/1BA units, each with a private deck and attached garage.
Property Size1,440 SF
Price / SF$260.42
Days on Market230
Property Features for 1224 South 20th Street
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing Agency:
Real of Pennsylvania
(267) 368-2788
Listed By:
Harrisson Y. Li · License #RS377974
(267) 368-2788
Source:
Compass
Added: Dec 6, 2025
Changed: Jul 20
Last Checked: Jul 24 at 12:13PM
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 Real of Pennsylvania
Investment Insights
Based on property information with market context.
This duplex includes two separately metered 2BR/1BA apartments. The first-floor unit is a well-kept 2BR/1BA with basement access and is currently occupied. The second-floor unit is also a 2BR/1BA and includes a private deck and is ready for immediate occupancy. Both units are described as operating on a month-to-month basis, and the property is sold in as-is condition.
The home is located in Philadelphia’s Point Breeze area and offers bus access into Center City, with a bus stop listed as less than 1 mile away. The listing notes nearby neighborhood amenities and walkability along Washington Ave, including a playground, cafes and restaurants, yoga studios, urgent care, and grocery options.
The duplex also features an attached garage and private deck for the upper unit as described in the remarks, with each unit functioning independently via separate metering.
The home is located in Philadelphia’s Point Breeze area and offers bus access into Center City, with a bus stop listed as less than 1 mile away. The listing notes nearby neighborhood amenities and walkability along Washington Ave, including a playground, cafes and restaurants, yoga studios, urgent care, and grocery options.
The duplex also features an attached garage and private deck for the upper unit as described in the remarks, with each unit functioning independently via separate metering.
Key Highlights
- Duplex built in 1920 with two 2BR/1BA units
- Both units are separately metered and operate on a month‑to‑month basis
- First‑floor unit has basement access and is currently occupied
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
NOI $24,573 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 6.04%
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
FAQs
What type of property is this?
Duplex - Duplex for sale with two separately metered 2BR/1BA units, each with a private deck and attached garage.
Where is this duplex located?
The property is located at 1224 South 20th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex built in 1920 with two 2BR/1BA units; Both units are separately metered and operate on a month‑to‑month basis; First‑floor unit has basement access and is currently occupied
