Brick Duplex with Off-Street
165 Parker Avenue Philadelphia, PA 19128
For Sale
$475,000
Brick duplex offers two private entrances, off-street parking, and central air with updated kitchens and bathrooms in both units.
Property Size1,872 SF
Price / SF$253.74
Days on Market97
Property Features for 165 Parker Avenue
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1975
Listing Agency:
Keller Williams Real Estate-Blue Bell
(215) 872-1172
Listed By:
Patrick D Joos · License #RS321417
(215) 872-1172
Source:
Compass
Added: Apr 19
Changed: Jul 21
Last Checked: Jul 23 at 8:19AM
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 Keller Williams Real Estate-Blue Bell
Investment Insights
Based on property information with market context.
This brick duplex includes two residential units with private entrances, central air, and off-street parking for added convenience. Both units have updated kitchens and bathrooms, well-maintained carpeting, and separate washer and dryer setups, supporting comfortable day-to-day living.
The property is located at 165 Parker Avenue in Philadelphia (19128), within walking distance of the Ivy Ridge train station, Main Street Manayunk, and Ridge Ave. It also provides easy access into Philadelphia.
As a residential income property, the layout is designed for independent use of each unit, with dedicated entry and parking for both sides of the duplex.
The property is located at 165 Parker Avenue in Philadelphia (19128), within walking distance of the Ivy Ridge train station, Main Street Manayunk, and Ridge Ave. It also provides easy access into Philadelphia.
As a residential income property, the layout is designed for independent use of each unit, with dedicated entry and parking for both sides of the duplex.
Key Highlights
- 1975‑built brick duplex with central air
- Both units feature updated kitchens and bathrooms
- Each unit has a private entrance and dedicated off‑street parking
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 | $48.3k | $25.80 |
| − Vacancy | −$2.7k | −$1.42 |
| EGI | $45.6k | $24.38 |
| − OpEx | −$13.7k | −$7.31 |
| NOI | $31.9k | $17.06 |
1,872 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$456.4K
$399.3K – $532.4K
NOI $31,945 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$420.7K
$368.1K – $490.8K
NOI $29,446 @ 7.0% cap · market cap 6.20%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brick duplex offers two private entrances, off-street parking, and central air with updated kitchens and bathrooms in both units.
Where is this duplex located?
The property is located at 165 Parker Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1975‑built brick duplex with central air; Both units feature updated kitchens and bathrooms; Each unit has a private entrance and dedicated off‑street parking
