2-Unit Renovated
New
For Sale
$269,900
1339 W RUSH ST, Philadelphia, PA 19132
Separate one- and two-bedroom residences provide distinct layouts within the same building.
Property Size1,200 SF
Price / SF$224.92
Days on Market6
Property Features for 1339 W RUSH ST
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Listing Agency:
Real of Pennsylvania
(215) 367-5238
Listed By:
Joshua Farley · License #RS348128
(215) 757-6100
Source:
Davidyungmann.myrealestateplatform
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 8:39AM
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 Real of Pennsylvania
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Investment Insights
Based on property information with market context.
This Philadelphia duplex contains two separate residences and has undergone a full renovation. The first-floor apartment has one bedroom and one bathroom, while the upper-level apartment offers two bedrooms and one bathroom. Both units feature updated kitchens and baths, stainless steel appliances, quartz countertops, custom cabinetry, and luxury vinyl plank flooring. The work also included new electrical and plumbing systems, HVAC, and windows. The property measures 1,200 square feet and includes a rear yard.
The home is on W Rush Street, with access to major highways and public transportation. Temple Hospital and Center City are also identified as nearby destinations. The two-unit configuration offers separate living spaces, with one unit having a one-bedroom layout and the other a two-bedroom layout.
The home is on W Rush Street, with access to major highways and public transportation. Temple Hospital and Center City are also identified as nearby destinations. The two-unit configuration offers separate living spaces, with one unit having a one-bedroom layout and the other a two-bedroom layout.
Key Highlights
- Two‑unit duplex with one 1‑bedroom/1‑bath residence and one 2‑bedroom/1‑bath residence
- Renovation included new electric, plumbing, HVAC, and windows
- Both units have updated kitchens and baths, stainless steel appliances, quartz countertops, and custom cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,478
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,560
$409.6K
Cap Rate 7%
$292,543
$292.5K
Cap Rate 9%
$227,533
$227.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.0K $25.80/SF
− Vacancy
−$1.7K −$1.42/SF
EGI
$29.3K $24.38/SF
− OpEx
−$8.8K −$7.31/SF
NOI
$20.5K $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%
$409,560
Cap Rate 7%
$292,543
Cap Rate 9%
$227,533
Alternative Uses
Best Use
Multifamily LT 5
$292.5K
$256.0K – $341.3K
NOI $20,478 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$269.6K
$235.9K – $314.6K
NOI $18,875 @ 7.0% cap · market cap 6.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate one- and two-bedroom residences provide distinct layouts within the same building.
Where is this duplex located?
The property is located at 1339 W RUSH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom/1‑bath residence and one 2‑bedroom/1‑bath residence; Renovation included new electric, plumbing, HVAC, and windows; Both units have updated kitchens and baths, stainless steel appliances, quartz countertops, and custom cabinetry
