Duplex with Outdoor Living
156 W CUMBERLAND ST, Philadelphia, PA 19133
For Sale
$625,000
A 2023-built residence pairs an open layout with contemporary kitchen finishes and outdoor area.
Property Size2,500 SF
Price / SF$250
Days on Market16
Property Features for 156 W CUMBERLAND ST
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Amenities
outdoor living space
Listing Agency:
United Properties Realty
Listed By:
Michael Kuldiner · License PA RM421756
(267) 243-5353
Source:
Cathyshometeam
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 7 at 9:18PM
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 United Properties Realty
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Investment Insights
Based on property information with market context.
This 2,500-square-foot duplex was built in 2023 and features an open-concept interior with a living area connected to the kitchen. The kitchen includes stainless steel appliances and ample cabinetry; the home also has generously sized bedrooms, updated bathrooms, and outdoor living space.
The property is in Philadelphia, with public transportation, major highways, shopping, and dining described as nearby. Seven years remain on the tax abatement.
The property is in Philadelphia, with public transportation, major highways, shopping, and dining described as nearby. Seven years remain on the tax abatement.
Key Highlights
- 2,500‑square‑foot duplex built in 2023
- Seven years remain on the tax abatement
- Open‑concept living area connected to a kitchen with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,662
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,240
$853.2K
Cap Rate 7%
$609,457
$609.5K
Cap Rate 9%
$474,022
$474.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$64.5K $25.80/SF
− Vacancy
−$3.6K −$1.42/SF
EGI
$60.9K $24.38/SF
− OpEx
−$18.3K −$7.31/SF
NOI
$42.7K $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%
$853,240
Cap Rate 7%
$609,457
Cap Rate 9%
$474,022
Alternative Uses
Best Use
Multifamily LT 5
$609.5K
$533.3K – $711.0K
NOI $42,662 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$561.8K
$491.6K – $655.4K
NOI $39,324 @ 7.0% cap · market cap 6.29%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A 2023-built residence pairs an open layout with contemporary kitchen finishes and outdoor area.
Where is this duplex located?
The property is located at 156 W CUMBERLAND ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,500‑square‑foot duplex built in 2023; Seven years remain on the tax abatement; Open‑concept living area connected to a kitchen with stainless steel appliances
