Duplex with Finished Lower
For Sale
$530,000
9101 Old Newtown Rd, Philadelphia, PA 19115
1985-built duplex with two-bedroom units, private laundry, storage, and open interior layouts.
Property Size2,234 SF
Price / SF$237.24
Days on Market73
Property Features for 9101 Old Newtown Rd
General Information
Standard status
Active
Size
2,234 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
secure storage
washer and dryer per unit
Building Details
Year Built
1985
Buildings
1
Listing Agency:
Equity Pennsylvania Real Estate
Listed By:
Monish R Patel · License #RM425589
(267) 716-5932
Source:
Upgradebymichaud
Added: Jul 27
Changed: Sep 22
Last Checked: Oct 5 at 8:02PM
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 Equity Pennsylvania Real Estate
Investment Insights
Based on property information with market context.
Built in 1985, this duplex contains two residential units, each configured with 2 bedrooms and 1 bathroom. Both residences offer high ceilings, open floor plans, dedicated storage, a basement, and a washer and dryer. The first-floor unit is occupied and includes an updated kitchen along with generous closet space.
The lower level has previously been finished with an additional bedroom and full bathroom. Any future use or rental of this area is subject to township review and required approvals. The property is located at 9101 Old Newtown Rd in Philadelphia, PA 19115.
The lower level has previously been finished with an additional bedroom and full bathroom. Any future use or rental of this area is subject to township review and required approvals. The property is located at 9101 Old Newtown Rd in Philadelphia, PA 19115.
Key Highlights
- Two‑unit duplex built in 1985
- Each unit includes 2 bedrooms and 1 bathroom
- Private washer and dryer provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,123
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,460
$762.5K
Cap Rate 7%
$544,614
$544.6K
Cap Rate 9%
$423,589
$423.6K
Market Conditions
NOI Build-Up for 2,234 SF
Gross rent
$57.6K $25.80/SF
− Vacancy
−$3.2K −$1.42/SF
EGI
$54.5K $24.38/SF
− OpEx
−$16.3K −$7.31/SF
NOI
$38.1K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,460
Cap Rate 7%
$544,614
Cap Rate 9%
$423,589
Alternative Uses
Best Use
Multifamily LT 5
$544.6K
$476.5K – $635.4K
NOI $38,123 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$502.0K
$439.3K – $585.7K
NOI $35,140 @ 7.0% cap · market cap 6.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - 1985-built duplex with two-bedroom units, private laundry, storage, and open interior layouts.
Where is this duplex located?
The property is located at 9101 Old Newtown Rd Philadelphia, PA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1985; Each unit includes 2 bedrooms and 1 bathroom; Private washer and dryer provided for each unit
