Renovated Duplex with Separate
For Sale
$375,000
Pending
1421 S 20TH STREET, Philadelphia, PA 19146
Separate utilities support flexible occupancy and rental use.
Property Size1,352 SF
Days on Market51
Property Features for 1421 S 20TH STREET
General Information
Standard status
Pending
Size
1,352 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Philadelphia
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1923
Listing Agency:
JG Real Estate LLC
(215) 467-4100
Listed By:
Max Tanenbaum · License #RS335272
(856) 522-9291
Source:
Cummingsrealtors
Added: Sep 11
Changed: Oct 31
Last Checked: Oct 30 at 5:06PM
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 JG Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1,352-square-foot duplex was built in 1923 and contains two renovated units, each with two bedrooms and one bathroom. One residence is occupied by a long-term tenant, while the other is vacant, giving the next owner options for personal occupancy or leasing. Each unit has separate utilities, and the property has an established rental history.
The building is located in Point Breeze, with access to Center City, public transportation, neighborhood restaurants, cafes, parks, and South Philadelphia amenities. The two-unit configuration provides a straightforward residential income property with flexibility for an owner-occupant or a landlord leasing both residences.
The building is located in Point Breeze, with access to Center City, public transportation, neighborhood restaurants, cafes, parks, and South Philadelphia amenities. The two-unit configuration provides a straightforward residential income property with flexibility for an owner-occupant or a landlord leasing both residences.
Key Highlights
- Two‑unit duplex with 1,352 square feet
- Two 2‑bedroom, 1‑bath units
- Both units renovated by the current owners
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,072
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,440
$461.4K
Cap Rate 7%
$329,600
$329.6K
Cap Rate 9%
$256,356
$256.4K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$34.9K $25.80/SF
− Vacancy
−$1.9K −$1.42/SF
EGI
$33.0K $24.38/SF
− OpEx
−$9.9K −$7.31/SF
NOI
$23.1K $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%
$461,440
Cap Rate 7%
$329,600
Cap Rate 9%
$256,356
Alternative Uses
Best Use
Multifamily LT 5
$329.6K
$288.4K – $384.5K
NOI $23,072 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$303.8K
$265.8K – $354.4K
NOI $21,266 @ 7.0% cap · market cap 5.67%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,121
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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 utilities support flexible occupancy and rental use.
Where is this duplex located?
The property is located at 1421 S 20TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,352 square feet; Two 2‑bedroom, 1‑bath units; Both units renovated by the current owners
