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Two-Unit Duplex with Parking
For Sale
$490,000

1711 LONEY Street, Philadelphia, PA 19111

Multi-Family, PHILADELPHIA, PA

Property Size2,338 SF
Lot Size0.10 Acres
Price / SF$209.58
Days on Market65

Property Features for 1711 LONEY Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Driveway, On Street
Interior features Carpet, Ceiling Fan(s), Floor Plan - Open
Appliances Dryer, Oven/Range - Gas, Refrigerator, Washer
Subdivision RHAWNHURST
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,338 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 5806

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

washer/dryer
central air conditioning

Building Details

Year built 1961
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Re/Max One Realty · RE/MAX International
Listed By: Meg Waldowski · License #RS149503A
Added: Aug 19 Changed: Oct 9 Last Checked: Oct 22 at 1:06AM
MLS# PAPH2661544

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.

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Investment Insights

Based on property information with market context.

This 2,338-square-foot duplex contains two distinct residential floors configured with three bedrooms on one level and two bedrooms on the other. Each floor has its own living and dining areas, kitchen, bedrooms, and full bathroom. The first floor also includes a utility room with a washer and dryer, while the upper level provides additional closet storage. Kitchens include cabinetry, counter space, and appliances including gas ranges and refrigerators.

The property has separate heating, central air conditioning, and electrical systems for both floors. Additional improvements include some newer windows and doors, newer wall-to-wall carpeting, and masonry construction. A rear driveway provides one- to two-car off-street parking, with additional on-street parking available. Built in 1961, the property occupies a 0.1006-acre lot at 1711 LONEY Street in Philadelphia, near shopping and transportation.

Key Highlights

  • 3‑bedroom and 2‑bedroom duplex configuration
  • 2,338 square feet on a 0.1006‑acre lot
  • Separate heating, central air, and electrical systems for each floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,390
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,800 $627.8K
Cap Rate 7%
$448,429 $448.4K
Cap Rate 9%
$348,778 $348.8K
Market Conditions
NOI Build-Up for 2,338 SF
Gross rent
$46.3K $19.80/SF
− Vacancy
−$1.4K −$0.62/SF
EGI
$44.8K $19.18/SF
− OpEx
−$13.5K −$5.75/SF
NOI
$31.4K $13.43/SF
Area
ZIP 19111
Vacancy
3.13%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,800
Cap Rate 7%
$448,429
Cap Rate 9%
$348,778

Alternative Uses

Best Use
Multifamily LT 5
$448.4K
$392.4K – $523.2K (±1% cap)
NOI $31,390 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$413.5K
$361.9K – $482.5K (±1% cap)
NOI $28,948 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$708.9K
$620.3K – $827.0K (±1% cap)
NOI $49,620 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,127
Businesses Nearby

Demographics for 19111, PA

67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate systems serve each floor, complemented by central air, updated features, and off-street parking.
Where is this duplex located?
The property is located at 1711 LONEY Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 3‑bedroom and 2‑bedroom duplex configuration; 2,338 square feet on a 0.1006‑acre lot; Separate heating, central air, and electrical systems for each floor
More about this property
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