Duplex with Two 4-Bedroom
1932 N 18TH STREET Philadelphia, PA 19121
For Sale
$549,000
Duplex featuring two bi-level 4-bedroom units with hardwood floors and quartz countertops, both currently rented and occupied.
Property Size2,247 SF
Price / SF$244.33
Days on Market444
Property Features for 1932 N 18TH STREET
General Information
- Standard status
- Active
- Size
- 2,247 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2010
Listing Agency:
KW Empower
(215) 714-9539
Listed By:
Jim F Roche · License #RS332204
(215) 714-9539
Source:
Exitrealty
Added: May 8, 2025
Changed: Jul 20
Last Checked: Jul 23 at 4:56AM
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 KW Empower
Investment Insights
Based on property information with market context.
This duplex at 1932 N 18th Street offers two separate 4-bedroom units, each configured as a bi-level layout. Interiors include hardwood flooring, quartz countertops, and wooden cabinetry. The first-floor unit provides access to the basement, including washer/dryer and additional space that could support extra living or income use. The second-floor unit includes spacious bedrooms and two Juliet balconies.
The property includes private backyard space associated with the first-floor unit. Public remarks also reference security cameras surrounding the property and it being within temple security patrol parameters, with the location described as approximately four walking blocks from Temple.
Both units are currently rented and occupied, creating an in-place income setup. Schedule a showing to review finishes and layout details for each unit.
The property includes private backyard space associated with the first-floor unit. Public remarks also reference security cameras surrounding the property and it being within temple security patrol parameters, with the location described as approximately four walking blocks from Temple.
Both units are currently rented and occupied, creating an in-place income setup. Schedule a showing to review finishes and layout details for each unit.
Key Highlights
- Duplex built in 2010 featuring two bi‑level 4‑bedroom units
- Both units are hardwood flooring and quartz countertops, with wooden cabinetry
- First‑floor unit includes access to the basement plus washer/dryer and extra 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 | $58.0k | $25.80 |
| − Vacancy | −$3.2k | −$1.42 |
| EGI | $54.8k | $24.38 |
| − OpEx | −$16.4k | −$7.31 |
| NOI | $38.3k | $17.06 |
2,247 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$547.8K
$479.3K – $639.1K
NOI $38,345 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$504.9K
$441.8K – $589.1K
NOI $35,344 @ 7.0% cap · market cap 6.44%
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 featuring two bi-level 4-bedroom units with hardwood floors and quartz countertops, both currently rented and occupied.
Where is this duplex located?
The property is located at 1932 N 18TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Duplex built in 2010 featuring two bi‑level 4‑bedroom units; Both units are hardwood flooring and quartz countertops, with wooden cabinetry; First‑floor unit includes access to the basement plus washer/dryer and extra space
