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Rehabbed 2023 Duplex with Finished Basement
For Sale
$549,000

1714 Snyder Ave, Philadelphia, PA 19145

Duplex featuring a finished basement, separate utilities, newer HVAC with central air, and a bi-level second-floor unit.

Property Size2,208 SF
Price / SF$248.64
Days on Market107

Property Features for 1714 Snyder Ave

General Information

Standard status Active
Size 2,208 SF
Property subtype Residential Income

Additional Details

Cap Rate 7%
Multifamily Units 2

Building Details

Year Renovated 2023
Buildings 1
Listing Agency: RE/MAX Access
Listed By: Chuong Van Tran · License #AB066680
Source: Exprealty
Added: Apr 16 Changed: Jul 30 Last Checked: Jul 30 at 9:48PM

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 Access

Investment Insights

Based on property information with market context.

Completely rehabbed in 2023, this duplex at 1714 Snyder Ave offers a well-laid-out setup across multiple levels, including a finished basement. The first floor includes a living room with new windows, recessed lights, and luxury vinyl wide plank flooring, plus a newly built kitchen with quartz countertops, a stainless steel sink, garbage disposal, and a matching Frigidaire appliance package. A hall bath includes tiled floors and walls with a new tub/shower combo. The first floor also provides a rear bedroom with a rear exit to a fenced yard.

Downstairs, the finished basement includes luxury vinyl flooring, recessed lights, a laundry area with a new washer/dryer, and a separation of space into three rooms for storage/utilities and two large recreation rooms. The home features newer HVAC and central air, newer electric hot water heaters, and separated utilities.

The second floor presents a large bi-level unit (approximately 1,000 SF) with a living area, an exposed brick wall area, a new kitchen with quartz countertops and a stainless steel appliance package, a tiled jack-and-jill style bathroom area, and in-unit stacked washer/dryer. The third floor adds a powder room plus two additional bedrooms, and provides roof access with two roof access views. The unit is currently rented with lease up on 8/31/26, and the listing cites an approximate 7.00% cap rate.

Key Highlights

  • Completely rehabbed in 2023 duplex across three levels plus a finished basement
  • Newer HVAC with central air, newer electric hot water heaters, and separated utilities
  • Finished basement with laundry area and three‑room layout for storage/utilities and two recreation rooms

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 $57.0k $25.80
− Vacancy −$3.1k −$1.42
EGI $53.8k $24.38
− OpEx −$16.1k −$7.31
NOI $37.7k $17.06
2,208 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$538.3K
$471.0K – $628.0K (±1% cap)
NOI $37,679 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$496.2K
$434.1K – $578.9K (±1% cap)
NOI $34,731 @ 7.0% cap · market cap 6.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Tech Support Center Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,570
Businesses Nearby

Demographics for 19145, PA

47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex featuring a finished basement, separate utilities, newer HVAC with central air, and a bi-level second-floor unit.
Where is this duplex located?
The property is located at 1714 Snyder Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Completely rehabbed in 2023 duplex across three levels plus a finished basement; Newer HVAC with central air, newer electric hot water heaters, and separated utilities; Finished basement with laundry area and three‑room layout for storage/utilities and two recreation rooms
More about this property
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