Philadelphia Duplex with
For Sale
$280,000
132 North 53rd Street, Philadelphia, PA 19139
Charming duplex in West Philadelphia with income-producing potential.
Property Size1,455 SF
Price / SF$192.44
Days on Market109
Property Features for 132 North 53rd Street
General Information
Standard status
Active
Size
1,455 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
1925
Listing Agency:
Velvet Rope Homes
(484) 846-6991
Listed By:
Sinoe E Naji-Taylor · License #RS373114
(484) 846-6991
Source:
Compass
Added: Apr 14
Changed: Jul 10
Last Checked: Jul 31 at 10:36AM
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 Velvet Rope Homes
Investment Insights
Based on property information with market context.
This duplex residence is located in West Philadelphia's 19139 zip code. The property features a first-floor unit with a 1-bedroom, 1-bath layout, comfortable living spaces, and natural light. It includes direct access to a spacious basement suitable for storage, workspace, or flexible use, along with a private backyard for relaxation, gardening, or entertaining. The second-floor residence offers an airy atmosphere with easy-flow living areas and privacy. Situated in the 19139 community, the property is near public transportation and major commuter routes. The property size is 1455 square feet. This duplex presents potential as an owner-occupied residence or an income-producing investment in a growing neighborhood. The property is located in Philadelphia County and within The School District of Philadelphia.
Key Highlights
- Desirable West Philadelphia location in the 19139 zip code.
- Duplex offers owner‑occupied or income‑producing investment potential.
- First‑floor unit includes a private backyard.
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 | $37.5k | $25.80 |
| − Vacancy | −$2.1k | −$1.42 |
| EGI | $35.5k | $24.38 |
| − OpEx | −$10.6k | −$7.31 |
| NOI | $24.8k | $17.06 |
1,455 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$354.7K
$310.4K – $413.8K
NOI $24,829 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$326.9K
$286.1K – $381.4K
NOI $22,886 @ 7.0% cap · market cap 8.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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 - Charming duplex in West Philadelphia with income-producing potential.
Where is this duplex located?
The property is located at 132 North 53rd Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Desirable West Philadelphia location in the 19139 zip code.; Duplex offers owner‑occupied or income‑producing investment potential.; First‑floor unit includes a **private backyard**.
