Two-Unit
For Sale
$599,999
15181 Beverly Dr, Philadelphia, PA 19116
Separate residences support owner occupancy, extended-family living, or rental operations.
Property Size2,200 SF
Price / SF$272.73
Days on Market51
Property Features for 15181 Beverly Dr
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Northeast Philadelphia
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1982
Listing Agency:
Coldwell Banker Hearthside Realtors
Listed By:
Zurab Kvantrishvili · License #AB069504
(267) 912-7987
Source:
Upgradebymichaud
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 11:07AM
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 Coldwell Banker Hearthside Realtors
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Investment Insights
Based on property information with market context.
Built in 1982, this duplex contains approximately 2,200 square feet of living space arranged across two separate residences. The property includes four bedrooms and two full bathrooms, providing a practical configuration for rental use, extended-family living, or an owner occupant seeking additional household income. Each unit contributes to the building’s flexible residential setup.
The property is located in Somerton within Northeast Philadelphia, near shopping, restaurants, public transportation, and major roadways. Its setting also provides access toward the Bucks County line and surrounding Northeast Philadelphia destinations. The layout and unit separation offer multiple ways to use the property while maintaining distinct living areas.
The property is located in Somerton within Northeast Philadelphia, near shopping, restaurants, public transportation, and major roadways. Its setting also provides access toward the Bucks County line and surrounding Northeast Philadelphia destinations. The layout and unit separation offer multiple ways to use the property while maintaining distinct living areas.
Key Highlights
- Two separate residential units within one duplex
- Approximately 2,200 square feet of living space
- Four bedrooms and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,543
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,860
$750.9K
Cap Rate 7%
$536,329
$536.3K
Cap Rate 9%
$417,144
$417.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$56.8K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$53.6K $24.38/SF
− OpEx
−$16.1K −$7.31/SF
NOI
$37.5K $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%
$750,860
Cap Rate 7%
$536,329
Cap Rate 9%
$417,144
Alternative Uses
Best Use
Multifamily LT 5
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K
NOI $34,605 @ 7.0% cap · market cap 5.77%
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
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences support owner occupancy, extended-family living, or rental operations.
Where is this duplex located?
The property is located at 15181 Beverly Dr Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two separate residential units within one duplex; Approximately 2,200 square feet of living space; Four bedrooms and two full bathrooms
