Updated 4BR/2BA
1133 West Colona Street Philadelphia, PA 19133
For Sale
$489,900
A fully occupied, updated duplex built in 2014 with two 4-bedroom, two-bath units and seller financing flexibility.
Property Size2,091 SF
Price / SF$234.29
Days on Market449
Property Features for 1133 West Colona Street
General Information
- Standard status
- Active
- Size
- 2,091 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2014
Listing Agency:
Real of Pennsylvania
(484) 744-4053
Listed By:
William Holder · License #AB069692
(484) 744-4053
Source:
Compass
Added: May 3, 2025
Changed: Jul 21
Last Checked: Jul 23 at 11:18AM
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.
1133 W Colona Street is an updated duplex built in 2014, offered for sale as a turnkey, fully occupied income property. The building contains two separate units, and each unit is configured with 4 bedrooms and 2 full bathrooms. The property’s current setup supports immediate rental occupancy for a buyer seeking an all-in-one acquisition.
The duplex is located in Philadelphia and is described as being just two blocks from Temple University’s main campus, positioned west of North Broad Street with quick access to public transportation and local amenities. The property is also within the School District of Philadelphia.
The seller is offering flexible financing terms, including 10% down, with up to 24 months to refinance into a DSCR loan. The remarks also note current stabilized-property market rates in the Temple University area as low as 6.25%, and that the seller will provide step-by-step guidance to qualified buyers through acquisition and refinance.
The duplex is located in Philadelphia and is described as being just two blocks from Temple University’s main campus, positioned west of North Broad Street with quick access to public transportation and local amenities. The property is also within the School District of Philadelphia.
The seller is offering flexible financing terms, including 10% down, with up to 24 months to refinance into a DSCR loan. The remarks also note current stabilized-property market rates in the Temple University area as low as 6.25%, and that the seller will provide step-by-step guidance to qualified buyers through acquisition and refinance.
Key Highlights
- Fully occupied duplex built in 2014 with two units
- Each unit has 4 bedrooms and 2 full baths
- Updated interiors include refrigerator, washer/dryer (stacked), dishwasher, stove/oven, and microwave
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 | $53.9k | $25.80 |
| − Vacancy | −$3.0k | −$1.42 |
| EGI | $51.0k | $24.38 |
| − OpEx | −$15.3k | −$7.31 |
| NOI | $35.7k | $17.06 |
2,091 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$509.8K
$446.0K – $594.7K
NOI $35,683 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$469.9K
$411.1K – $548.2K
NOI $32,890 @ 7.0% cap · market cap 6.71%
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 - A fully occupied, updated duplex built in 2014 with two 4-bedroom, two-bath units and seller financing flexibility.
Where is this duplex located?
The property is located at 1133 West Colona Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Fully occupied duplex built in 2014 with two units; Each unit has 4 bedrooms and 2 full baths; Updated interiors include refrigerator, washer/dryer (stacked), dishwasher, stove/oven, and microwave
