Corner Brick
For Sale
$329,000
127 S 51St Street, Philadelphia, PA 19139
Two residential units offer updated kitchens, separate layouts, and basement laundry hookups in a low-maintenance building.
Property Size1,845 SF
Price / SF$178.32
Days on Market180
Property Features for 127 S 51St Street
General Information
Standard status
Active
Size
1,845 SF
Property subtype
Multi-Family
Zoning
C4
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$143
Amenities
laundry hook-up
Full
Ceramic Tile,Partially Carpeted
Electric
Yes
No
3
Estimated
Kitchen - Eat-In
1
No Pool
Same as presented.
Public
N50
0.03
On Street
Brick/Mortar
1296.00
Building Details
Building Size
1,845 SF
Year Built
1910
Buildings
1
Construction
brick
Listing Agency:
Keller Williams Capital Properties
(856) 222-0077
Listed By:
Francis Brennan
Source:
Thetristaterealestategroup
Added: Apr 14
Changed: Sep 30
Last Checked: Oct 9 at 6:16PM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
This 1910 brick duplex contains two separate residential units in a corner, end-of-row configuration. The larger residence has three bedrooms, two full bathrooms, an open living and kitchen area, hardwood flooring, and modern appliances. The second unit includes two bedrooms, one bathroom, new carpeting, and an updated kitchen. A full basement provides laundry hookups, while the property is classified under C4 zoning.
The property is located in Philadelphia’s University City area near public transportation, the 52nd Street shopping corridor, the West Philadelphia YMCA, and Martin Luther King Park. Its two-unit layout supports separate occupancy within the same building, with each residence offering its own living accommodations.
The property is located in Philadelphia’s University City area near public transportation, the 52nd Street shopping corridor, the West Philadelphia YMCA, and Martin Luther King Park. Its two-unit layout supports separate occupancy within the same building, with each residence offering its own living accommodations.
Key Highlights
- Two‑unit brick duplex built in 1910
- Main residence includes 3 bedrooms and 2 full baths
- Second unit offers 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,021
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,420
$580.4K
Cap Rate 7%
$414,586
$414.6K
Cap Rate 9%
$322,456
$322.5K
Market Conditions
NOI Build-Up for 1,845 SF
Gross rent
$56.0K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$52.8K $28.60/SF
− OpEx
−$23.7K −$12.87/SF
NOI
$29.0K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,420
Cap Rate 7%
$414,586
Cap Rate 9%
$322,456
Alternative Uses
Best Use
Multifamily LT 5
$449.8K
$393.6K – $524.8K
NOI $31,485 @ 7.0% cap · market cap 9.57%
Second Best
Apartment 5plus
$414.6K
$362.8K – $483.7K
NOI $29,021 @ 7.0% cap · market cap 8.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,031
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer updated kitchens, separate layouts, and basement laundry hookups in a low-maintenance building.
Where is this duplex located?
The property is located at 127 S 51St Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1910; Main residence includes 3 bedrooms and 2 full baths; Second unit offers 2 bedrooms and 1 bath
