Francisville Duplex with Modern
For Sale
$899,000
1437 Parrish Street, Philadelphia, PA 19130
Multi-family home in Francisville with modern kitchens and in-unit laundry.
Property Size2,600 SF
Price / SF$345.77
Days on Market201
Property Features for 1437 Parrish Street
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
2025
Listing Agency:
KW Philly
(215) 714-9539
Listed By:
James F Roche Jr. · License #RS332204
(215) 714-9539
Source:
Compass
Added: Jan 12
Changed: Jul 10
Last Checked: Jul 31 at 11:37AM
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 KW Philly
Investment Insights
Based on property information with market context.
Located in the Francisville neighborhood, 1437 Parrish Street is a multi-family home featuring two units. The property includes one 2-bedroom, 1.5-bathroom unit and one 3-bedroom, 2-bathroom unit. The units feature hardwood floors and large windows that provide natural light. The modern kitchens are equipped with stainless GE appliances, white calacatta quartz countertops, and matte black hardware. Each unit includes spacious bedrooms and in-unit laundry rooms. The property is located within walking distance of restaurants, coffee shops, The MET Philadelphia, and the Divine Lorraine. The property is located within the 19130 MLS area and the School District of Philadelphia.
Key Highlights
- Multi‑family duplex featuring a 2‑bedroom, 1.5‑bathroom unit and a 3‑bedroom, 2‑bathroom unit.
- Modern kitchens boast stainless GE appliances, white calacatta quartz countertops, and matte black hardware.
- Conveniently located within walking distance to restaurants, coffee shops, The MET Philadelphia, and the Divine Lorraine.
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 | $67.1k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $63.4k | $24.38 |
| − OpEx | −$19.0k | −$7.31 |
| NOI | $44.4k | $17.06 |
2,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.8K
$554.6K – $739.5K
NOI $44,369 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$584.2K
$511.2K – $681.6K
NOI $40,897 @ 7.0% cap · market cap 4.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,978
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multi-family home in Francisville with modern kitchens and in-unit laundry.
Where is this duplex located?
The property is located at 1437 Parrish Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Multi‑family duplex featuring a 2‑bedroom, 1.5‑bathroom unit and a 3‑bedroom, 2‑bathroom unit.; Modern kitchens boast stainless GE appliances, white calacatta quartz countertops, and matte black hardware.; Conveniently located within walking distance to restaurants, coffee shops, The MET Philadelphia, and the Divine Lorraine.
