Corner Duplex with Enclosed
1626 W PORTER Street, Philadelphia, PA 19145
For Sale
New
$449,000
Multi-Family, PHILADELPHIA, PA
Property Size2,240 SF
Lot Size0.03 Acres
Price / SF$200.45
Days on Market3
Property Features for 1626 W PORTER Street
General Information
Property type
Property subtype
Rooms
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Target Realty · Century 21 Real Estate
Listed By:
Yun S Lu · License PA RS276990
(215) 218-0939
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 11 at 3:06AM
MLS# PAPH2689206
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This masonry duplex contains 2,240 square feet across two residences. The first-floor unit has three bedrooms, a living room, a full kitchen and bathroom, and access to a full basement. The second-floor residence offers two bedrooms, a living room, a full eat-in kitchen and bathroom, plus an enclosed sunroom. Heating is provided by forced air, baseboard, and hot water systems; cooling includes central air and window units.
Built in 1920, the property occupies a 0.0294-acre corner lot in Gerard Estates in South Philadelphia. Parking is on street.
Built in 1920, the property occupies a 0.0294-acre corner lot in Gerard Estates in South Philadelphia. Parking is on street.
Key Highlights
- 2,240‑square‑foot masonry duplex on a 0.0294‑acre corner lot
- First‑floor unit has 3 bedrooms and access to a full basement
- Second‑floor unit has 2 bedrooms and an enclosed sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,225
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,500
$764.5K
Cap Rate 7%
$546,071
$546.1K
Cap Rate 9%
$424,722
$424.7K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$57.8K $25.80/SF
− Vacancy
−$3.2K −$1.42/SF
EGI
$54.6K $24.38/SF
− OpEx
−$16.4K −$7.31/SF
NOI
$38.2K $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%
$764,500
Cap Rate 7%
$546,071
Cap Rate 9%
$424,722
Alternative Uses
Best Use
Multifamily LT 5
$546.1K
$477.8K – $637.1K
NOI $38,225 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$503.3K
$440.4K – $587.2K
NOI $35,234 @ 7.0% cap · market cap 7.85%
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
Location Intelligence
Trade Area within ½ mile
3,004
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Separate two- and three-bedroom layouts include a full basement and an enclosed sunroom.
Where is this duplex located?
The property is located at 1626 W PORTER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,240‑square‑foot masonry duplex on a 0.0294‑acre corner lot; First‑floor unit has 3 bedrooms and access to a full basement; Second‑floor unit has 2 bedrooms and an enclosed sunroom
