Duplex with Updated Roof and
New
For Sale
$725,000
1504 BROWN STREET, Philadelphia, PA 19130
Well-maintained duplex with bi-level layouts, in-unit washer/dryer, separately metered utilities, and updated major systems.
Days on Market4
Property Features for 1504 BROWN STREET
General Information
Standard status
Active
Property subtype
Duplex
Amenities
washer and dryer
basement storage
private rear yard
Building Details
Building Size
3,080 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
Keller Williams Main Line
(267) 606-3318
Listed By:
Erin E Rigo · License #RS342731
(267) 606-3318
Source:
Patmckennarealtors
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 11:36AM
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 Main Line
Investment Insights
Based on property information with market context.
This well-maintained duplex in the Francisville neighborhood offers two spacious bi-level units, each with four bedrooms and two bathrooms. The units include individual washer and dryer, separately metered utilities, and access to basement storage. Unit A also provides access to a private rear yard.
Major mechanicals have been updated, including a new roof, updated HVAC, and newer water heaters. The property has been consistently rented.
Built in 1920, the duplex is positioned for commuting convenience with easy access to the Broad Street Line, Center City, Temple University, The Met, and the Art Museum area.
Major mechanicals have been updated, including a new roof, updated HVAC, and newer water heaters. The property has been consistently rented.
Built in 1920, the duplex is positioned for commuting convenience with easy access to the Broad Street Line, Center City, Temple University, The Met, and the Art Museum area.
Key Highlights
- Two bi‑level units, each with four bedrooms and two bathrooms
- In‑unit washer and dryer for each unit
- Separately metered utilities plus basement storage access
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 | $79.5k | $25.80 |
| − Vacancy | −$4.4k | −$1.42 |
| EGI | $75.1k | $24.38 |
| − OpEx | −$22.5k | −$7.31 |
| NOI | $52.6k | $17.06 |
3,080 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$750.9K
$657.0K – $876.0K
NOI $52,560 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$692.1K
$605.6K – $807.5K
NOI $48,447 @ 7.0% cap · market cap 6.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,089
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 - Well-maintained duplex with bi-level layouts, in-unit washer/dryer, separately metered utilities, and updated major systems.
Where is this duplex located?
The property is located at 1504 BROWN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two bi‑level units, each with four bedrooms and two bathrooms; In‑unit washer and dryer for each unit; Separately metered utilities plus basement storage access
