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Duplex with Skyline Terrace
New
For Sale
$925,000

1528 NORTH STREET, Philadelphia, PA 19130

Two distinct residences include a vacant two-bedroom home and a larger owner’s residence with custom interior features.

Property Size3,969 SF
Price / SF$233.06
Days on Market5

Property Features for 1528 NORTH STREET

General Information

Standard status Active
Size 3,969 SF
Elevators Yes
Property subtype Duplex

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Construction redbrick
Listing Agency: Keller Williams Liberty Place
Listed By: Ryan J McManus · License #RS316262
Source: Cummingsrealtors
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:31PM

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 Liberty Place

Investment Insights

Based on property information with market context.

Built in 1900, this 3,969-square-foot duplex contains two residences with rowhome-style layouts. One is a vacant two-bedroom home; the other is a larger residence currently leased month to month. Features in the larger home include an elevator, sauna, finished basement with bar, oversized primary suite, and terrace with downtown views.

The property is in Philadelphia’s 19130 ZIP code, with walkable access to Center City, SEPTA’s Broad Street Line, dining, museums, shopping, and outdoor amenities. The site’s footprint may support redevelopment to as many as five units, subject to buyer due diligence.

Key Highlights

  • 3,969‑square‑foot duplex built in 1900
  • Two residences, including one vacant two‑bedroom home
  • Larger residence has an elevator, sauna, finished basement with bar, and oversized primary suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,731
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,354,620 $1.4M
Cap Rate 7%
$967,586 $967.6K
Cap Rate 9%
$752,567 $752.6K
Market Conditions
NOI Build-Up for 3,969 SF
Gross rent
$102.4K $25.80/SF
− Vacancy
−$5.6K −$1.42/SF
EGI
$96.8K $24.38/SF
− OpEx
−$29.0K −$7.31/SF
NOI
$67.7K $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%
$1,354,620
Cap Rate 7%
$967,586
Cap Rate 9%
$752,567

Alternative Uses

Best Use
Multifamily LT 5
$967.6K
$846.6K – $1.13M (±1% cap)
NOI $67,731 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$891.9K
$780.4K – $1.04M (±1% cap)
NOI $62,430 @ 7.0% cap · market cap 6.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Home Appliance Store Plumbing Service Mobile Phone Store

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

4,455
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences include a vacant two-bedroom home and a larger owner’s residence with custom interior features.
Where is this duplex located?
The property is located at 1528 NORTH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,969‑square‑foot duplex built in 1900; Two residences, including one vacant two‑bedroom home; Larger residence has an elevator, sauna, finished basement with bar, and oversized primary suite
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