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Francisville Duplex with Strong Income
For Sale
$725,000

1504 BROWN Street, Philadelphia, PA 19130

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size3,080 SF
Lot Size0.03 Acres
Price / SF$235.39
Days on Market127

Property Features for 1504 BROWN Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Subdivision FRANCISVILLE
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 3,080 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 9202

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1920
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Main Line · Keller Williams Realty
Listed By: Erin E Rigo · License #RS342731
Added: Mar 27 Changed: Jun 9 Last Checked: Jul 31 at 11:06AM
MLS# PAPH2599456

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained duplex is located in the Francisville neighborhood. The property features two spacious bi-level units, each with 4 bedrooms and 2 bathrooms. Each unit includes its own washer and dryer, separately metered utilities, and access to basement storage. Unit A also has access to a private rear yard. The property has been consistently rented and offers strong income potential with room for future rent growth. Major mechanicals have been updated, including a new roof, updated HVAC, and newer water heaters. The location provides easy access to the Broad Street Line, Center City, Temple University, The Met, and the Art Museum area. This property is suitable for an investor looking for a well-located property with a solid rental history, updated systems, and the potential to increase value over time. The property size is 3080 square feet and the lot size is 0.032 acres.

Key Highlights

  • Two spacious bi‑level 4 bed 2 bath units, ideal for tenants or owner‑occupant with rental income.
  • Strong income potential with consistent rental history and room for future rent growth.
  • Updated major mechanicals including a new roof, updated HVAC, and newer water heaters.

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 (±1% cap)
NOI $52,560 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$692.1K
$605.6K – $807.5K (±1% cap)
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

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Clothing & Fashion Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,089
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex in Francisville with updated systems and income potential.
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 spacious bi‑level 4 bed 2 bath units, ideal for tenants or owner‑occupant with rental income.; Strong income potential with consistent rental history and room for future rent growth.; Updated major mechanicals including a new roof, updated HVAC, and newer water heaters.
More about this property
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