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Refined Townhome Duplex with Separate Annex
For Sale
$1,150,000

129 BAINBRIDGE STREET, Philadelphia, PA 19147

Owner-occupant configuration pairs a primary residence with a separately accessed, income-producing residence.

Days on Market143

Property Features for 129 BAINBRIDGE STREET

General Information

Standard status Active
Property subtype Duplex

Building Details

Building Size 3,526 SF
Year Built 1915
Tenancy Multi
Listing Agency: Compass Pennsylvania, LLC
Listed By: Margaux Genovese Pelegrin · License #RS290073
Source: Patmckennarealtors
Added: Mar 12 Changed: Jul 31 Last Checked: Jul 31 at 7:16PM

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 Compass Pennsylvania, LLC

Investment Insights

Based on property information with market context.

This four-story townhome duplex combines a sophisticated main residence with a fully separate trinity-style annex. The primary home includes a formal living room with fireplace and built-ins, an open kitchen and family room, multiple bedroom suites across four levels, and a top-floor primary suite with vaulted ceilings and a spa-like bath. A third-level deck provides private outdoor space.

The annex has its own private, gated entrance and includes one bedroom, 1.5 bathrooms, and dedicated laundry. It is operated as an income-producing residence with professional management already in place. A landscaped courtyard connects the property’s distinct living spaces. Built in 1915, the property is located at 129 Bainbridge Street in Philadelphia’s Queen Village and falls within the Meredith Elementary School catchment.

Key Highlights

  • Four‑story main residence with multiple bedroom suites across four levels
  • Separate trinity‑style annex with private, gated entrance
  • Annex includes one bedroom, 1.5 bathrooms, and its own laundry

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 $91.0k $25.80
− Vacancy −$5.0k −$1.42
EGI $86.0k $24.38
− OpEx −$25.8k −$7.31
NOI $60.2k $17.06
3,526 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$859.6K
$752.1K – $1.00M (±1% cap)
NOI $60,171 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$792.3K
$693.3K – $924.4K (±1% cap)
NOI $55,462 @ 7.0% cap · market cap 4.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,743
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Owner-occupant configuration pairs a primary residence with a separately accessed, income-producing residence.
Where is this duplex located?
The property is located at 129 BAINBRIDGE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑story main residence with multiple bedroom suites across four levels; Separate trinity‑style annex with private, gated entrance; Annex includes one bedroom, 1.5 bathrooms, and its own laundry
More about this property
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