Two-Unit Brick Corner
127 South 51st Street Philadelphia, PA 19139
For Sale
$375,000
Move-in-ready two-unit brick duplex with a full basement and laundry hook-up, featuring updated finishes in the second unit.
Property Size1,845 SF
Price / SF$203.25
Days on Market103
Property Features for 127 South 51st Street
General Information
- Standard status
- Active
- Size
- 1,845 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1910
Listing Agency:
Keller Williams Delaware Valley Realty
(609) 987-8889
Listed By:
Helen Dundas · License #RS325250
(609) 987-8889
Source:
Compass
Added: Apr 13
Changed: Jul 21
Last Checked: Jul 23 at 7:33AM
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 Delaware Valley Realty
Investment Insights
Based on property information with market context.
This move-in-ready, two-unit brick duplex is an end-of-row corner property designed for low maintenance. The main unit offers three large bedrooms and two full bathrooms, including one bathroom within the primary suite, along with an open concept living room and kitchen layout with hardwood floors and modern appliances. The second unit includes one bedroom and one bathroom and has new carpeting plus a refreshed kitchen. A full basement is included with laundry hook-up.
Located in the University City area of Philadelphia, the property is close to major public transportation and near the 52nd Street shopping corridor. It is also described as steps from the West Philadelphia YMCA and Milk Park.
The configuration provides a two-residence setup with in-unit updates across both units and shared access to basement laundry hook-up.
Located in the University City area of Philadelphia, the property is close to major public transportation and near the 52nd Street shopping corridor. It is also described as steps from the West Philadelphia YMCA and Milk Park.
The configuration provides a two-residence setup with in-unit updates across both units and shared access to basement laundry hook-up.
Key Highlights
- Two‑unit brick duplex in the University City area, end‑of‑row/corner property
- Main unit: 3 bedrooms and 2 full baths, with one bath in the primary/master bedroom
- Open‑concept living room/kitchen with hardwood floors and modern appliances in the main unit
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 | $47.6k | $25.80 |
| − Vacancy | −$2.6k | −$1.42 |
| EGI | $45.0k | $24.38 |
| − OpEx | −$13.5k | −$7.31 |
| NOI | $31.5k | $17.06 |
1,845 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.8K
$393.6K – $524.8K
NOI $31,485 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$414.6K
$362.8K – $483.7K
NOI $29,021 @ 7.0% cap · market cap 7.74%
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 - Move-in-ready two-unit brick duplex with a full basement and laundry hook-up, featuring updated finishes in the second unit.
Where is this duplex located?
The property is located at 127 South 51st 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: Two‑unit brick duplex in the University City area, end‑of‑row/corner property; Main unit: 3 bedrooms and 2 full baths, with one bath in the primary/master bedroom; Open‑concept living room/kitchen with hardwood floors and modern appliances in the main unit
