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Two-Unit Duplex with Garage
For Sale
$469,900

12512 BISCAYNE Drive, Philadelphia, PA 19154

Multi-Family, PHILADELPHIA, PA

Property Size1,722 SF
Lot Size0.07 Acres
Price / SF$272.88
Days on Market9

Property Features for 12512 BISCAYNE Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement, Dining Room
Parking 4
Parking features On Street, Garage - Attached, Driveway
Interior features Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Skylight(s), Window Treatments
Appliances Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer, WaterHeater
Subdivision PARKWOOD
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,722 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 5925

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1965
Number of units 2
Building materials Brick, Stone
Buildings 1
Listing Agency: Keller Williams Real Estate Tri-County · Keller Williams Realty
Listed By: Joseph Cunningham · License #AB067130
Added: Oct 16 Changed: Oct 23 Last Checked: Oct 24 at 3:06AM
MLS# PAPH2681506

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-and-stone duplex contains 1,722 square feet across two residences, each with two bedrooms, a living room, a dining room, and a full hall bath. The first-floor unit has refinished hardwood flooring, while the upper unit is carpeted with hardwood beneath and has a skylight. Updated HVAC systems, electrical service, and windows are noted. A basement provides storage and separate laundry hookups for each unit.

The property includes an attached two-car garage, a two-car driveway, and front, rear, and side yard areas. Built in 1965, it sits on a 0.073-acre lot in Philadelphia’s Far Northeast. Both units are vacant and ready for occupancy or leasing.

Key Highlights

  • Two‑unit duplex with two bedrooms in each residence
  • 1,722 square feet on a 0.073‑acre lot
  • Attached two‑car garage and two‑car driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,386
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,720 $587.7K
Cap Rate 7%
$419,800 $419.8K
Cap Rate 9%
$326,511 $326.5K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$44.4K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$42.0K $24.38/SF
− OpEx
−$12.6K −$7.31/SF
NOI
$29.4K $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%
$587,720
Cap Rate 7%
$419,800
Cap Rate 9%
$326,511

Alternative Uses

Best Use
Multifamily LT 5
$419.8K
$367.3K – $489.8K (±1% cap)
NOI $29,386 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$386.9K
$338.6K – $451.4K (±1% cap)
NOI $27,086 @ 7.0% cap · market cap 5.76%
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

Location Intelligence

Trade Area within ½ mile

847
Businesses Nearby

Demographics for 19154, PA

34,681
Population
13,296
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
5,419
Density / Sq Mi
$93,479
Median Household Income
$50,969
Median Earnings
$1,396
Median Rent
$274,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both vacant residences include separate living and dining areas, with shared basement laundry and storage below.
Where is this duplex located?
The property is located at 12512 BISCAYNE Drive Philadelphia, PA.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms in each residence; 1,722 square feet on a 0.073‑acre lot; Attached two‑car garage and two‑car driveway
More about this property
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