Bi-Level Duplex with Rooftop
For Sale
$465,000
1645 Ellsworth St, Philadelphia, PA 19146
Two residences offer distinct layouts and private outdoor spaces.
Property Size1,851 SF
Price / SF$251.22
Days on Market76
Property Features for 1645 Ellsworth St
General Information
Standard status
Active
Size
1,851 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1923
Buildings
1
Listing Agency:
KW Main Line - Narberth
Listed By:
Damon C. Michels · License #AB067731
(610) 731-9300
Source:
Upgradebymichaud
Added: Aug 8
Changed: Oct 15
Last Checked: Oct 20 at 10:55PM
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 KW Main Line - Narberth
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Investment Insights
Based on property information with market context.
This 1,851-square-foot duplex, built in 1923, combines two distinct residential layouts. The first-floor home includes one bedroom, one full bathroom, an open living area, hardwood floors, molding, an arched doorway, and a kitchen with white cabinetry and gas cooking. Its kitchen opens to a private backyard and patio. The second residence spans two levels and features exposed beams, oversized windows, an updated kitchen with gas cooking, a bedroom with a sink, a full bathroom, and a walk-in closet. The upper level contains a primary suite with an ensuite bathroom, soaking tub, separate walk-in shower, in-unit laundry, and access to a private rooftop deck. Basement storage and a laundry area provide additional utility.
The property is located in Philadelphia’s Point Breeze neighborhood near Sprouts, Target, restaurants, and public transportation. The address is 1645 Ellsworth St, Philadelphia, PA 19146.
The property is located in Philadelphia’s Point Breeze neighborhood near Sprouts, Target, restaurants, and public transportation. The address is 1645 Ellsworth St, Philadelphia, PA 19146.
Key Highlights
- 1,851 SF duplex built in 1923
- First‑floor 1‑bedroom, 1‑bath residence with hardwood flooring and backyard patio access
- Second residence is a bi‑level layout with a primary suite and ensuite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,587
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,740
$631.7K
Cap Rate 7%
$451,243
$451.2K
Cap Rate 9%
$350,967
$351.0K
Market Conditions
NOI Build-Up for 1,851 SF
Gross rent
$47.8K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.1K $24.38/SF
− OpEx
−$13.5K −$7.31/SF
NOI
$31.6K $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%
$631,740
Cap Rate 7%
$451,243
Cap Rate 9%
$350,967
Alternative Uses
Best Use
Multifamily LT 5
$451.2K
$394.8K – $526.5K
NOI $31,587 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$415.9K
$363.9K – $485.3K
NOI $29,115 @ 7.0% cap · market cap 6.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,045
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct layouts and private outdoor spaces.
Where is this duplex located?
The property is located at 1645 Ellsworth St Philadelphia, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1,851 SF duplex built in 1923; First‑floor 1‑bedroom, 1‑bath residence with hardwood flooring and backyard patio access; Second residence is a bi‑level layout with a primary suite and ensuite bathroom
