Mixed-Use Duplex with Roof
For Sale
$555,000
1727 S 2ND Street, Philadelphia, PA 19148
Multi-Family, PHILADELPHIA, PA
Property Size2,506 SF
Lot Size0.03 Acres
Price / SF$221.47
Days on Market95
Property Features for 1727 S 2ND Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
PENNSPORT
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,506 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
4910
Utilities
Heating system
Other (Heating)
Cooling system
Ductless
Amenities
large basement for storage
roof deck area
private trash/cement yard area
Building Details
Year built
1915
Number of units
2
Building materials
Masonry
Architectural style
Contemporary
Listing Agency:
RE/MAX Access · RE/MAX International
(215) 400-2600
Listed By:
Chuong Van Tran · License #AB066680
(215) 519-5057
Added: Jul 28
Changed: Aug 19
Last Checked: Oct 30 at 12:06AM
MLS# PAPH2651654
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 mixed-use masonry property contains 2,506 square feet within a 0.0349-acre parcel and was built in 1915. The first floor provides approximately 1,250 square feet of open commercial area, two powder rooms, a dedicated entrance, and access to a sizable basement for storage. The upper-level residence has two bedrooms, a full bathroom, a modern eat-in kitchen, hardwood flooring, a laundry closet, and a private entry. Ductless heating and cooling, contemporary windows, and mini-split systems are included among the building features.
A fenced roof deck extends from the second-floor kitchen and provides additional outdoor space. The property also includes a private rear cement yard and on-street parking. Its Philadelphia location is near Columbus Boulevard, I-95, neighborhood shops, and pubs, with proximity to New Jersey.
A fenced roof deck extends from the second-floor kitchen and provides additional outdoor space. The property also includes a private rear cement yard and on-street parking. Its Philadelphia location is near Columbus Boulevard, I-95, neighborhood shops, and pubs, with proximity to New Jersey.
Key Highlights
- 2,506‑square‑foot mixed‑use duplex on a 0.0349‑acre parcel
- Approximately 1,250 square feet of open first‑floor commercial space
- Two‑bedroom upper‑level residence with private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,765
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,300
$855.3K
Cap Rate 7%
$610,929
$610.9K
Cap Rate 9%
$475,167
$475.2K
Market Conditions
NOI Build-Up for 2,506 SF
Gross rent
$64.7K $25.80/SF
− Vacancy
−$3.6K −$1.42/SF
EGI
$61.1K $24.38/SF
− OpEx
−$18.3K −$7.31/SF
NOI
$42.8K $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%
$855,300
Cap Rate 7%
$610,929
Cap Rate 9%
$475,167
Alternative Uses
Best Use
Multifamily LT 5
$610.9K
$534.6K – $712.8K
NOI $42,765 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$563.1K
$492.7K – $657.0K
NOI $39,418 @ 7.0% cap · market cap 7.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,146
Businesses Nearby
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Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Masonry property combines an open commercial floor with a private two-bedroom residence and separate entrances.
Where is this mixed-use property located?
The property is located at 1727 S 2ND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 2,506‑square‑foot mixed‑use duplex on a 0.0349‑acre parcel; Approximately 1,250 square feet of open first‑floor commercial space; Two‑bedroom upper‑level residence with private entrance
