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Fully Occupied Duplex Property
For Sale
$399,900

1536 S 19TH Street, Philadelphia, PA 19146

MULTI_FAMILY - PHILADELPHIA, PA

Property Size1,510 SF
Lot Size0.02 Acres
Price / SF$264.83
Days on Market54

Property Features for 1536 S 19TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Assigned, On Street
Appliances Dryer, Washer, Refrigerator, Microwave, Oven/Range - Electric
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 1,510 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 4697

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1925
Number of units 2
Building materials Masonry
Listing Agency: JG Real Estate LLC
Listed By: Ariel L Morgenstein · License #AB067988
Added: Jun 8 Changed: Jul 13 Last Checked: Jul 31 at 2:06AM
MLS# PAPH2623830

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.

1536 S 19th Street is a legally zoned, fully occupied duplex offering two separate units with multiple attractive interior finishes. The first floor unit features a sunny living room, hardwood floors, and high ceilings, with large windows throughout. It includes an eat-in kitchen with granite countertops, a mosaic tile backsplash, and black appliances, plus two bedrooms and a full bathroom with a full tub and modern vanity. The rear bedroom is supported by private basement access for washer and dryer use, and the unit also has private access to a large rear patio.

Upstairs, unit 2 is accessed from the front door and offers a large living room, bedrooms on either side, and a kitchen with granite countertops and a mosaic tile backsplash. A window over the sink brings in additional natural light. The unit includes a full bathroom with a modern vanity and full tub with tile surround, along with a stacked washer/dryer located in the hall closet.

Located in Philadelphia’s Point Breeze neighborhood, this duplex is well suited for an investor seeking a ready-to-own rental property, or an owner-occupant looking to live in one unit while renting the other. The current fully occupied status provides immediate continuity for the next owner to manage or maintain the property’s dual-residence setup.

Key Highlights

  • Fully occupied duplex with two units
  • Year built 1925; masonry construction
  • Central air and forced‑air heating

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 $39.0k $25.80
− Vacancy −$2.1k −$1.42
EGI $36.8k $24.38
− OpEx −$11.0k −$7.31
NOI $25.8k $17.06
1,510 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$368.1K
$322.1K – $429.5K (±1% cap)
NOI $25,768 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.9K (±1% cap)
NOI $23,752 @ 7.0% cap · market cap 5.94%
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 Law Firm Tech Support Center Electrical Service Nursing Home Travel Agency Parking Lot & Garage

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,331
Businesses Nearby

Demographics for 19146, PA

41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Legally zoned, fully occupied duplex featuring hardwood floors, high ceilings, updated kitchens, and private outdoor and laundry amenities.
Where is this duplex located?
The property is located at 1536 S 19TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Fully occupied duplex with two units; Year built 1925; masonry construction; Central air and forced‑air heating
More about this property
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