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Renovated Duplex in North Philadelphia
For Sale
$269,900

1339 W RUSH Street, Philadelphia, PA 19132

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,200 SF
Lot Size0.02 Acres
Price / SF$224.92
Days on Market293

Property Features for 1339 W RUSH Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
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 1329

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
Listed By: Joshua Farley · License #RS348128
Added: Oct 13, 2025 Changed: Jun 29 Last Checked: Aug 1 at 2:06AM
MLS# PAPH2547424

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, 1339 W Rush Street is a fully renovated duplex. The property features two distinct units. The first-floor unit includes a 1 bedroom and 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 and 1 bath, showcasing the same high-end finishes and modern design touches. Each unit has been fully renovated with new electric, plumbing, HVAC, windows, kitchens, and baths. The property has a low-maintenance rear yard and is located on a quiet residential block with access to major highways, public transportation, Temple Hospital, and Center City. 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.
  • Turn‑key investment: features new electric, plumbing, HVAC, windows, kitchens, and baths in both units.
  • Modern kitchens boast stainless steel appliances, quartz countertops, and custom cabinetry in both units.**

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 (±1% cap)
NOI $20,478 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$269.6K
$235.9K – $314.6K (±1% cap)
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.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service HVAC Service Travel Agency Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,930
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated duplex with modern updates and rental potential.
Where is this duplex located?
The property is located at 1339 W RUSH Street 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: Fully renovated duplex with two distinct units, ideal for investors or owner‑occupants.; Turn‑key investment: features new electric, plumbing, HVAC, windows, kitchens, and baths in both units.; Modern kitchens boast stainless steel appliances, quartz countertops, and custom cabinetry in both units.**
More about this property
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