1351 Kerbaugh Street, Philadelphia, PA 19140
Turnkey duplex with two updated 1-bedroom units, each with modern kitchens, stainless appliances, and in-unit washer/dryer.
- Added:
- May 31, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 6 at 2:47 am
Property Features for 1351 Kerbaugh Street
General Information
- Standard status
- Active
- Size
- 1,260 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing agent Starr Smith License #1859517111111 (267) 252-1455
Listing office Keller Williams Main Line (267) 252-1455
Listing date May 31, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Main Line
HighLights
- Renovated duplex built in 1920 with level entry at the main
- Two updated 1‑bedroom, 1‑bath units (2 units total)
- Each unit includes a modern kitchen with stainless steel appliances and an in‑unit washer & dryer
- Upgraded bathrooms and efficient heating systems
- Section 8 rent is $1,550, with the top floor currently rented
- No pool
Overview
The property is located at 1351 Kerbaugh Street on a quiet street in Philadelphia (MLS Area 19140). The current layout includes a top-floor unit that is already rented, with the remaining first-floor unit positioned for an owner-occupant or a second tenant.
For buyers seeking a ready-to-operate residential income property, this duplex offers an immediately usable setup with updated interiors throughout and in-unit laundry in both units. For owner-occupants, the arrangement allows you to live in one unit while the other remains rented. The listing notes Section 8 rent of $1,550 for the top floor, with the first floor available as described by the seller.
Local 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 | $32.5k | $25.80 |
| − Vacancy | −$1.8k | −$1.42 |
| EGI | $30.7k | $24.38 |
| − OpEx | −$9.2k | −$7.31 |
| NOI | $21.5k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.149253
- Latitude
- 40.0148337
