Two-Unit Residential
For Sale
$450,000
Pending
1422 W TIOGA STREET, Philadelphia, PA 19140
The 1941 property pairs a three-bedroom residence with a two-bedroom residence.
Property Size2,386 SF
Days on Market17
Property Features for 1422 W TIOGA STREET
General Information
Standard status
Pending
Size
2,386 SF
Property subtype
Duplex
Building Details
Year Built
1941
Listing Agency:
Keller Williams Real Estate Tri-County
(215) 464-8800
Listed By:
Hernan Alvarado Jr. · License #RS373237
(267) 531-8469
Source:
Cummingsrealtors
Added: Sep 24
Changed: Oct 7
Last Checked: Oct 9 at 11:48PM
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 Keller Williams Real Estate Tri-County
Investment Insights
Based on property information with market context.
Built in 1941, this 2,386-square-foot duplex contains two residences: one with three bedrooms and the other with two. The property is on W Tioga Street, one block from Temple Hospital and near Broad Street.
Key Highlights
- Two residences with 3‑bedroom and 2‑bedroom layouts
- 2,386 square feet of building area
- Built in 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,717
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,340
$814.3K
Cap Rate 7%
$581,671
$581.7K
Cap Rate 9%
$452,411
$452.4K
Market Conditions
NOI Build-Up for 2,386 SF
Gross rent
$61.6K $25.80/SF
− Vacancy
−$3.4K −$1.42/SF
EGI
$58.2K $24.38/SF
− OpEx
−$17.5K −$7.31/SF
NOI
$40.7K $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%
$814,340
Cap Rate 7%
$581,671
Cap Rate 9%
$452,411
Alternative Uses
Best Use
Multifamily LT 5
$581.7K
$509.0K – $678.6K
NOI $40,717 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$536.2K
$469.1K – $625.5K
NOI $37,531 @ 7.0% cap · market cap 8.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The 1941 property pairs a three-bedroom residence with a two-bedroom residence.
Where is this duplex located?
The property is located at 1422 W TIOGA STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two residences with 3‑bedroom and 2‑bedroom layouts; 2,386 square feet of building area; Built in 1941
