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    Francisville Duplex with Strong Income

    1504 BROWN Street Philadelphia, PA 19130

    1504 BROWN Street, Philadelphia, PA, 19130
    $725,000
    For Sale
    Claim this Listing
    $725,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property Size3,080 SF
    Lot Size0.03 Acres
    Price / SF$235.39
    AddedMar 27
    Days on Market111
    Last RefreshJul 15 at 5:06 pm

    Property Features for 1504 BROWN Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    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 agent Erin E Rigo License #RS342731

    Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA

    Listing date Mar 27, 2026

    MLS# PAPH2599456 Listing URL

    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.

    Local 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 local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    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.
    Contact an agent
    (267) 606-3318
    We can help!
    Contact an agent
    Erin E Rigo
    Real Estate License ID: RS342731
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