2-Unit
1457 Robbins St, Philadelphia, PA 19149
For Sale
New
$319,900
Both apartments are occupied under month-to-month leases, with separate layouts spanning three-bedroom and one-bedroom configurations.
Property Size1,872 SF
Price / SF$170.89
Days on Market7
Property Features for 1457 Robbins St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
RE/MAX Preferred - Cherry Hill
Listed By:
ARAFAT FARHAT · License PA RS352372
(609) 352-5803
Source:
Baltimoreharfordhomesforsale
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 10 at 2:20PM
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 RE/MAX Preferred - Cherry Hill
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,872-square-foot duplex, built in 1950, contains two occupied apartments. The main-level unit has three bedrooms, one bathroom, and a large living area; the upper apartment offers one bedroom and one bathroom. Both households are on month-to-month leases.
The property is in Philadelphia’s Castor Gardens section, with public transportation, Roosevelt Boulevard (Rt 1), shopping centers, and local dining described as nearby. The unit mix and current occupancy provide a clear picture of the existing residential setup, while the flexible lease terms allow for changes in occupancy over time.
The property is in Philadelphia’s Castor Gardens section, with public transportation, Roosevelt Boulevard (Rt 1), shopping centers, and local dining described as nearby. The unit mix and current occupancy provide a clear picture of the existing residential setup, while the flexible lease terms allow for changes in occupancy over time.
Key Highlights
- 1,872‑square‑foot duplex built in 1950
- Two tenant‑occupied apartments with month‑to‑month leases
- Main‑level apartment: 3 bedrooms, 1 bathroom, and a large living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,446
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,920
$588.9K
Cap Rate 7%
$420,657
$420.7K
Cap Rate 9%
$327,178
$327.2K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$56.8K $30.36/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$53.5K $28.60/SF
− OpEx
−$24.1K −$12.87/SF
NOI
$29.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,920
Cap Rate 7%
$420,657
Cap Rate 9%
$327,178
Alternative Uses
Best Use
Apartment 5plus
$420.7K
$368.1K – $490.8K
NOI $29,446 @ 7.0% cap · market cap 9.20%
Second Best
Multifamily LT 5
$380.8K
$333.2K – $444.3K
NOI $26,657 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$567.6K
$496.6K – $662.2K
NOI $39,730 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments are occupied under month-to-month leases, with separate layouts spanning three-bedroom and one-bedroom configurations.
Where is this duplex located?
The property is located at 1457 Robbins St Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 1,872‑square‑foot duplex built in 1950; Two tenant‑occupied apartments with month‑to‑month leases; Main‑level apartment: 3 bedrooms, 1 bathroom, and a large living area
