Duplex
For Sale
Contact for pricing
Pending
1626 S 56th St, Philadelphia, PA 19143
Includes two occupied duplexes and a third approved duplex undergoing rehabilitation.
Property SizeContact for details
Days on Market141
Property Features for 1626 S 56th St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Cap Rate
9%
Multifamily Units
6
Listing Agency:
RE/MAX Keystone
(267) 718-8544
Listed By:
Paul Sabia · License #PA RS300415
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:25PM
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 RE/MAX Keystone
Investment Insights
Based on property information with market context.
This Philadelphia offering includes three duplex properties on separate tax parcels. The homes at 1618 S 56th Street and 1626 S 56th Street each contain two units occupied by long-term tenants. The property at 1224 W Huntingdon Street is an approved duplex and is approximately 80% through rehabilitation; it is currently vacant.
The addresses are 1618 S 56th Street and 1626 S 56th Street in Philadelphia, PA 19143, along with 1224 W Huntingdon Street in Philadelphia, PA 19133. The portfolio is represented with an approximate 9% cap rate.
The addresses are 1618 S 56th Street and 1626 S 56th Street in Philadelphia, PA 19143, along with 1224 W Huntingdon Street in Philadelphia, PA 19133. The portfolio is represented with an approximate 9% cap rate.
Key Highlights
- Three‑property Philadelphia duplex portfolio
- 1618 S 56th St. includes two units with long‑term tenants
- 1626 S 56th St. includes two units with long‑term tenants
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Includes two occupied duplexes and a third approved duplex undergoing rehabilitation.
Where is this duplex located?
The property is located at 1626 S 56th St Philadelphia, PA.
What are key features of this property?
This property features: Three‑property Philadelphia duplex portfolio; 1618 S 56th St. includes two units with long‑term tenants; 1626 S 56th St. includes two units with long‑term tenants
