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Turnkey Duplex in Newbold

1705 South 18th Street, Philadelphia, PA 19145

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For Sale

$525,000

Cash-flowing duplex in desirable South Philly neighborhood.

Type:Multi-Family / Fee Simple

Property size:

2,072 SF

Price / SF:

$253/SF

HighLights

Turnkey duplex generating $3,650/month in rental income with a 6.5%+ cap rate.
Recently renovated with modern finishes including LVP flooring, recessed lighting, and stainless steel appliances.
Located in the desirable Newbold neighborhood, close to Broad Street and Passyunk Avenue amenities.
Two units: a 2 bed/1 bath and a 3 bed/2 bath, providing flexible living/rental options.
Features a private back patio and spacious bedrooms.
Includes appliances: Built‑In Microwave, Dryer, Dishwasher, Oven - Single, Washer, Refrigerator, Stove.

We can help!

Listing Contact

James F Roche Jr.

Learn more

For Sale

$525,000

Cash-flowing duplex in desirable South Philly neighborhood.

Type:Multi-Family / Fee Simple

Property size:

2,072 SF

Price / SF:

$253/SF

Added:: Sep 12, 2025
Days on Market:: 276
Last Refresh:: Mar 13 at 1:05 pm

Property Features for 1705 South 18th Street

General Information

Standard status: Active
Size: 2,072 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1915

We can help!

Listing Contact

James F Roche Jr.

Listing agent James F Roche Jr. License #RS332204

Listing office KW Empower

Listing date Sep 12, 2025

Source Compass

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 Empower

HighLights

Turnkey duplex generating $3,650/month in rental income with a 6.5%+ cap rate.
Recently renovated with modern finishes including LVP flooring, recessed lighting, and stainless steel appliances.
Located in the desirable Newbold neighborhood, close to Broad Street and Passyunk Avenue amenities.
Two units: a 2 bed/1 bath and a 3 bed/2 bath, providing flexible living/rental options.
Features a private back patio and spacious bedrooms.
Includes appliances: Built‑In Microwave, Dryer, Dishwasher, Oven - Single, Washer, Refrigerator, Stove.

Overview

This turnkey duplex is located in the Newbold neighborhood. The property features modern LVP flooring, recessed lighting, natural light, white shaker kitchen cabinets, stainless steel appliances, spacious bedrooms, and a private back patio. Unit 1 is a 2-bedroom, 1-bathroom unit currently rented for $1,600 per month. Unit 2 is a 3-bedroom, 2-bathroom unit rented for $2,050 per month, bringing in a total of $3,650 per month in rental income. The property is located near Broad Street and Passyunk Avenue, close to restaurants, coffee shops, gyms, and grocery stores. The property is suitable for investors or those looking to house hack. The property is located in MLS Area 19145 and Philadelphia County. The property size is 2072 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$53.5k	$25.80
− Vacancy	−$2.9k	−$1.42
EGI	$50.5k	$24.38
− OpEx	−$15.2k	−$7.31
NOI	$35.4k	$17.06

2,072 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$505.1K

$442.0K – $589.3K (±1% cap)

NOI $35,358 @ 7.0% cap · market cap 6.73%

Second Best

Apartment 5plus

$465.6K

$407.4K – $543.2K (±1% cap)

NOI $32,592 @ 7.0% cap · market cap 6.21%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Shiver Tree Service General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.1748607
Latitude: 39.9298856

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For sale
Duplexes
PA
Philadelphia
19145
1705 South 18th Street

What type of property is this?

Duplex - Cash-flowing duplex in desirable South Philly neighborhood.

Where is this duplex located?

The property is located at 1705 South 18th Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: Turnkey duplex generating $3,650/month in rental income with a 6.5%+ cap rate.; Recently renovated with modern finishes including LVP flooring, recessed lighting, and stainless steel appliances.; Located in the desirable Newbold neighborhood, close to Broad Street and Passyunk Avenue amenities.