Two-Unit Condominium
For Sale
$650,000
1727 S 4TH STREET, Philadelphia, PA 19148
Built in 2018, this duplex contains two separately deeded condominiums with 2 bedrooms and 1.5 baths each.
Property Size1,827 SF
Price / SF$355.77
Days on Market100
Property Features for 1727 S 4TH STREET
General Information
Standard status
Active
Size
1,827 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
2018
Listing Agency:
Long & Foster Real Estate, Inc.
(610) 489-2100
Listed By:
Ramonita Hernandez-Mohr · License #AB067114
(215) 833-0300
Source:
Cummingsrealtors
Added: Jul 15
Changed: Oct 21
Last Checked: Oct 20 at 11:17PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Built in 2018, this duplex offers two separately deeded condominium units within one maintained building. Each unit features two bedrooms and 1.5 bathrooms, along with modern kitchen finishes, recessed lighting, and updated electrical, with interiors described as move-in ready.
The property is located at 1727 S 4TH STREET in Philadelphia’s Pennsport area, with access to Center City, parks, restaurants, shopping, and public transportation.
The two condominiums are separately identified by Tax ID, allowing them to be sold or financed individually while being offered together as a package.
The property is located at 1727 S 4TH STREET in Philadelphia’s Pennsport area, with access to Center City, parks, restaurants, shopping, and public transportation.
The two condominiums are separately identified by Tax ID, allowing them to be sold or financed individually while being offered together as a package.
Key Highlights
- Built in 2018 duplex with two separately deeded condominiums
- Each condominium offers 2 bedrooms and 1.5 bathrooms
- Modern kitchens with contemporary finishes, recessed lighting, and updated electrical in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,178
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,560
$623.6K
Cap Rate 7%
$445,400
$445.4K
Cap Rate 9%
$346,422
$346.4K
Market Conditions
NOI Build-Up for 1,827 SF
Gross rent
$47.1K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$44.5K $24.38/SF
− OpEx
−$13.4K −$7.31/SF
NOI
$31.2K $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%
$623,560
Cap Rate 7%
$445,400
Cap Rate 9%
$346,422
Alternative Uses
Best Use
Multifamily LT 5
$445.4K
$389.7K – $519.6K
NOI $31,178 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$410.5K
$359.2K – $479.0K
NOI $28,738 @ 7.0% cap · market cap 4.42%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,478
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2018, this duplex contains two separately deeded condominiums with 2 bedrooms and 1.5 baths each.
Where is this duplex located?
The property is located at 1727 S 4TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Built in 2018 duplex with two separately deeded condominiums; Each condominium offers 2 bedrooms and 1.5 bathrooms; Modern kitchens with contemporary finishes, recessed lighting, and updated electrical in both units
