New Duplex with Private Roof
1626 West Stiles Street Philadelphia, PA 19121
For Sale
$535,000
Newly constructed duplex offers two 2BR/1.5BA units with premium kitchens, recessed lighting, and a private roof deck.
Property Size2,600 SF
Price / SF$205.77
Days on Market57
Property Features for 1626 West Stiles Street
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2017
Listing Agency:
RE/MAX Elite
(215) 962-0880
Listed By:
Gene Fish · License #AB065992
(215) 962-0880
Source:
Compass
Added: May 28
Changed: Jul 10
Last Checked: Jul 23 at 10:40AM
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 Elite
Investment Insights
Based on property information with market context.
This newly constructed duplex features bi-level living in both units, each with 2 bedrooms and 1.5 bathrooms. Interiors include hardwood floors, recessed lighting, neutral paint, and custom kitchens with granite countertops, stainless steel appliances, and a tiled backsplash. Unit #2 is set up with a private roof deck. Unit #1 offers a fenced rear patio for outdoor grilling and entertainment. Both units include modern bathrooms and bedrooms with closet space.
Located at 1626 West Stiles Street in Philadelphia (MLS Area 19121, Philadelphia County), the property is described as very walkable, with a Walk Score of 84 out of 100. The public remarks also note convenient access just a few blocks from the Broad Street bus stop and subway station.
The duplex is currently tenant-occupied, with Unit #1 vacant and available to lease, and Unit #2 occupied on a month-to-month basis. Unit #1 is described as leaseable for $1,500/month, while Unit #2 is described at $1,750/month. The arrangement may appeal to investors seeking immediate rental operation on Unit #2, or to an owner-occupant planning to live in one unit and lease the other.
Located at 1626 West Stiles Street in Philadelphia (MLS Area 19121, Philadelphia County), the property is described as very walkable, with a Walk Score of 84 out of 100. The public remarks also note convenient access just a few blocks from the Broad Street bus stop and subway station.
The duplex is currently tenant-occupied, with Unit #1 vacant and available to lease, and Unit #2 occupied on a month-to-month basis. Unit #1 is described as leaseable for $1,500/month, while Unit #2 is described at $1,750/month. The arrangement may appeal to investors seeking immediate rental operation on Unit #2, or to an owner-occupant planning to live in one unit and lease the other.
Key Highlights
- Newly constructed duplex built in 2017 with two 2‑bedroom, 1.5‑bath units
- Each unit offers almost 1,300 sq. ft., with bi‑level living space and hardwood floors
- Premium kitchens in both units include granite countertops and stainless steel appliances
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 | $67.1k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $63.4k | $24.38 |
| − OpEx | −$19.0k | −$7.31 |
| NOI | $44.4k | $17.06 |
2,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.8K
$554.6K – $739.5K
NOI $44,369 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$584.2K
$511.2K – $681.6K
NOI $40,897 @ 7.0% cap · market cap 7.64%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly constructed duplex offers two 2BR/1.5BA units with premium kitchens, recessed lighting, and a private roof deck.
Where is this duplex located?
The property is located at 1626 West Stiles Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Newly constructed duplex built in 2017 with two 2‑bedroom, 1.5‑bath units; Each unit offers almost 1,300 sq. ft., with bi‑level living space and hardwood floors; Premium kitchens in both units include granite countertops and stainless steel appliances
