Renovated Duplex in North
For Sale
$264,900
1337 W RUSH Street, Philadelphia, PA 19132
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,200 SF
Lot Size0.02 Acres
Price / SF$220.75
Days on Market293
Property Features for 1337 W RUSH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,200 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
513
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1925
Number of units
1
Building materials
Masonry
Architectural style
Other
Listing Agency:
Real of Pennsylvania
(215) 367-5238
Listed By:
Joshua Farley · License #RS348128
(215) 805-7558
Added: Oct 13, 2025
Changed: Jun 29
Last Checked: Aug 1 at 2:06AM
MLS# PAPH2547404
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in North Philadelphia, 1337 W Rush Street is a fully renovated duplex. The property features two distinct units. The first-floor unit includes a 1 bedroom / 1 bath layout with an open-concept living area, luxury vinyl plank flooring, and a new kitchen with stainless steel appliances, quartz countertops, and custom cabinetry. The second-floor unit offers 2 bedrooms / 1 bath, showcasing the same high-end finishes and modern design touches throughout. Each unit has been fully renovated with new electric, plumbing, HVAC, windows, kitchens, and baths. The property offers a low maintenance rear yard and is located on a residential block with access to major highways, public transportation, Temple Hospital, and Center City. The property is suitable for investors, owner-occupants, or multi-generational living. The property is 1200 square feet and sits on a lot of 0.0179 acres.
Key Highlights
- Fully renovated duplex with two distinct units, ideal for investors or owner‑occupants.
- Each unit features high‑end finishes including luxury vinyl plank flooring, stainless steel appliances, quartz countertops, and custom cabinetry.
- Complete renovation includes new electric, plumbing, HVAC, windows, kitchens, and baths.
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 | $31.0k | $25.80 |
| − Vacancy | −$1.7k | −$1.42 |
| EGI | $29.3k | $24.38 |
| − OpEx | −$8.8k | −$7.31 |
| NOI | $20.5k | $17.06 |
1,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.5K
$256.0K – $341.3K
NOI $20,478 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$269.6K
$235.9K – $314.6K
NOI $18,875 @ 7.0% cap · market cap 7.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,930
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
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 - Fully renovated duplex with modern amenities and strong rental potential.
Where is this duplex located?
The property is located at 1337 W RUSH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Fully renovated duplex with two distinct units, ideal for investors or owner‑occupants.; Each unit features **high‑end finishes** including luxury vinyl plank flooring, stainless steel appliances, quartz countertops, and custom cabinetry.; Complete renovation includes new electric, plumbing, HVAC, windows, kitchens, and baths.
