Turnkey Bi-Level
For Sale
$510,000
Pending
129 E DURHAM STREET, Philadelphia, PA 19119
Bi-level duplex with private entrances, central AC, and separate gas and electric utilities.
Days on Market32
Property Features for 129 E DURHAM STREET
General Information
Standard status
Pending
Property subtype
Duplex
Additional Details
Utilities to Site
Yes
Amenities
private entrances
central AC
bonus room
direct access to basement laundry
eat-in kitchen
ceiling fans
decorative fireplace
front porch
rear fenced yard
Building Details
Building Size
2,386 SF
Year Built
1925
Tenancy
Multi
Listing Agency:
Compass Pennsylvania, LLC
(267) 304-3500
Listed By:
Anthony M Wells · License #AB049742L
(267) 304-3500
Source:
Lizclarkrealestate
Added: Jul 1
Changed: Jul 30
Last Checked: Jul 30 at 4:05PM
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.
Turnkey bi-level duplex built in 1925 offering two separate residential units with private entrances. The property includes central AC and separate gas and electric utilities, along with functional bi-level layouts intended for comfortable everyday living.
Unit #1 is a two-bedroom, two-bath configuration with a bonus room and direct access to basement laundry. Unit #2 features two bedrooms and one bathroom, including an eat-in kitchen, ceiling fans, and a decorative fireplace.
Both units have been updated with HVAC, water heaters, and modern finishes. Exterior features include a stone facade and a front porch. A rear fenced yard provides outdoor space, and off-street parking is accessible via a common driveway. The property is located at 129 E Durham Street in Philadelphia, PA 19119.
Unit #1 is a two-bedroom, two-bath configuration with a bonus room and direct access to basement laundry. Unit #2 features two bedrooms and one bathroom, including an eat-in kitchen, ceiling fans, and a decorative fireplace.
Both units have been updated with HVAC, water heaters, and modern finishes. Exterior features include a stone facade and a front porch. A rear fenced yard provides outdoor space, and off-street parking is accessible via a common driveway. The property is located at 129 E Durham Street in Philadelphia, PA 19119.
Key Highlights
- Built in 1925 bi‑level duplex with private entrances
- Central AC plus separate gas and electric utilities
- Unit #1: 2 bed, 2 bath with bonus room and direct basement laundry access
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 | $61.6k | $25.80 |
| − Vacancy | −$3.4k | −$1.42 |
| EGI | $58.2k | $24.38 |
| − OpEx | −$17.5k | −$7.31 |
| NOI | $40.7k | $17.06 |
2,386 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$581.7K
$509.0K – $678.6K
NOI $40,717 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$536.2K
$469.1K – $625.5K
NOI $37,531 @ 7.0% cap · market cap 7.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
Explore this area
Business Placement
Demographics for 19119, PA
27,265
Population
13,909
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
8,019
Density / Sq Mi
$81,609
Median Household Income
$54,598
Median Earnings
$1,291
Median Rent
$326,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Bi-level duplex with private entrances, central AC, and separate gas and electric utilities.
Where is this duplex located?
The property is located at 129 E DURHAM STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Built in 1925 bi‑level duplex with private entrances; Central AC plus separate gas and electric utilities; Unit #1: 2 bed, 2 bath with bonus room and direct basement laundry access
