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Duplex with Two Apartments
For Sale
$230,000

1617 N 56TH Street, Philadelphia, PA 19131

Multi-Family, PHILADELPHIA, PA

Property Size1,752 SF
Lot Size0.04 Acres
Price / SF$131.28
Days on Market22

Property Features for 1617 N 56TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision OVERBROOK
Elementary school EDWARD HESTON
High school OVERBROOK
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 1,752 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2597

Utilities

Heating system Other (Heating)
Cooling system Ceiling Fan(s)

Building Details

Year built 1920
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Settle Down Philadelphia
Listed By: Monique Richardson · License #RS367210
Added: Oct 1 Changed: Oct 21 Last Checked: Oct 22 at 12:06AM
MLS# PAPH2676284

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.

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Investment Insights

Based on property information with market context.

This 1,752-square-foot brick duplex, built in 1920, contains two apartments and sits on a 0.0356-acre lot. The first-floor unit has hardwood flooring, ceiling fans, and basement access. In the basement, a half bathroom and small bar area accompany space that has been cleared out. The second-floor apartment has carpeting, ceiling fans, and a newer toilet. Flooring, appliances, and other cosmetic elements need updating throughout.

A rear deck serves the first-floor unit, and the second-floor apartment has balcony access. Both outdoor structures are unstable and should not be accessed. Public transportation, shopping, and neighborhood amenities are nearby.

Key Highlights

  • Two apartments in a 1,752‑square‑foot brick duplex
  • 0.0356‑acre lot; built in 1920
  • Basement includes a half bathroom and small bar area

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate residences occupy the first and second floors; both rear outdoor areas are unstable and should not be used.
Where is this duplex located?
The property is located at 1617 N 56TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two apartments in a 1,752‑square‑foot brick duplex; 0.0356‑acre lot; built in 1920; Basement includes a half bathroom and small bar area
More about this property
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