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Duplex With Updated Major Systems
For Sale
$650,000

1504 BROWN Street, Philadelphia, PA 19130

Multi-Family, PHILADELPHIA, PA

Property Size3,080 SF
Lot Size0.03 Acres
Price / SF$211.04
Days on Market53

Property Features for 1504 BROWN Street

General Information

Property type Residential Multi Family
Property subtype Duplex
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

Amenities

washer and dryer
basement storage
private rear yard

Building Details

Year built 1920
Floors in Building 2
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: Sep 8 Changed: Oct 22 Last Checked: Oct 30 at 2:06AM
MLS# PAPH2668124

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.

Rey
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Investment Insights

Based on property information with market context.

This masonry duplex, built in 1920, contains two bi-level four-bedroom, two-bath units within 3,080 square feet. Both residences include individual washers and dryers, separately metered utilities, and access to basement storage. Unit A also has a private rear yard. The property has a new roof, updated HVAC, newer water heaters, forced-air heating, and central air conditioning.

Located in Philadelphia’s Francisville neighborhood, the property offers access to the Broad Street Line, Center City, Temple University, The Met, and the Art Museum area. It has a consistent rental history and occupies a 0.032-acre lot, providing a two-unit residential income configuration with established physical improvements.

Key Highlights

  • Two bi‑level units, each with 4 bedrooms and 2 bathrooms
  • 3,080 square feet on a 0.032‑acre lot
  • New roof, updated HVAC, and newer water heaters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,560
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,200 $1.1M
Cap Rate 7%
$750,857 $750.9K
Cap Rate 9%
$584,000 $584.0K
Market Conditions
NOI Build-Up for 3,080 SF
Gross rent
$79.5K $25.80/SF
− Vacancy
−$4.4K −$1.42/SF
EGI
$75.1K $24.38/SF
− OpEx
−$22.5K −$7.31/SF
NOI
$52.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,200
Cap Rate 7%
$750,857
Cap Rate 9%
$584,000

Alternative Uses

Best Use
Multifamily LT 5
$750.9K
$657.0K – $876.0K (±1% cap)
NOI $52,560 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$692.1K
$605.6K – $807.5K (±1% cap)
NOI $48,447 @ 7.0% cap · market cap 7.45%
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? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two bi-level residences offer private laundry, separately metered utilities, and basement storage in a well-maintained configuration.
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 $650,000.
What are key features of this property?
This property features: Two bi‑level units, each with 4 bedrooms and 2 bathrooms; 3,080 square feet on a 0.032‑acre lot; New roof, updated HVAC, and newer water heaters
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