Corner Duplex With Private
For Sale
$237,000
1500 S TAYLOR STREET, Philadelphia, PA 19146
Two separate one-bedroom living spaces create a flexible duplex arrangement with off-street parking.
Property Size1,310 SF
Price / SF$180.92
Days on Market51
Property Features for 1500 S TAYLOR STREET
General Information
Standard status
Active
Size
1,310 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Philadelphia
Road Access
Yes
Units
Unit Mix
2 x 1BR
Multifamily Units
2
Amenities
private garage
Building Details
Year Built
1920
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Brett Rosenthal · License #RS289887
(267) 342-8001
Source:
Cummingsrealtors
Added: Sep 17
Changed: Nov 5
Last Checked: Nov 4 at 2:54PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This 1920-built duplex occupies a corner lot at 1500 S Taylor Street in Philadelphia’s Point Breeze section. The property is arranged as two separate one-bedroom living spaces and includes a private garage, providing off-street parking. Its existing configuration supports separate residential use, while the layout may also appeal to a buyer considering a future single-family conversion.
The property is located in South Philadelphia, south of Center City and within reach of University City. Point Breeze includes residential blocks, local businesses, restaurants, cafés, and the Point Breeze Avenue commercial corridor, with access to public transportation and major city routes. Any proposed multifamily zoning, conversion, redevelopment, or change in legal use should be independently verified with the City of Philadelphia.
The property is located in South Philadelphia, south of Center City and within reach of University City. Point Breeze includes residential blocks, local businesses, restaurants, cafés, and the Point Breeze Avenue commercial corridor, with access to public transportation and major city routes. Any proposed multifamily zoning, conversion, redevelopment, or change in legal use should be independently verified with the City of Philadelphia.
Key Highlights
- Two separate one‑bedroom living spaces
- Private garage on a corner lot
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,606
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,120
$412.1K
Cap Rate 7%
$294,371
$294.4K
Cap Rate 9%
$228,956
$229.0K
Market Conditions
NOI Build-Up for 1,310 SF
Gross rent
$39.8K $30.36/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$37.5K $28.60/SF
− OpEx
−$16.9K −$12.87/SF
NOI
$20.6K $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%
$412,120
Cap Rate 7%
$294,371
Cap Rate 9%
$228,956
Alternative Uses
Best Use
Multifamily LT 5
$319.4K
$279.4K – $372.6K
NOI $22,355 @ 7.0% cap · market cap 9.43%
Second Best
Apartment 5plus
$294.4K
$257.6K – $343.4K
NOI $20,606 @ 7.0% cap · market cap 8.69%
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?
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,718
Businesses Nearby
Explore this area
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 - Two separate one-bedroom living spaces create a flexible duplex arrangement with off-street parking.
Where is this duplex located?
The property is located at 1500 S TAYLOR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Two separate one‑bedroom living spaces; Private garage on a corner lot; Built in 1920
