Duplex with Rear
For Sale
Under Contract
$380,000
1735 MCKEAN Street, Philadelphia, PA 19145
Multi-Family, PHILADELPHIA, PA
Property Size1,468 SF
Lot Size0.02 Acres
Price / SF$258.86
Days on Market222
Property Features for 1735 MCKEAN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Kitchen - Eat-In
Subdivision
NEWBOLD
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active Under Contract
Size
1,468 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
1376
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1927
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Central Realty Group LLC
(215) 516-6038
Listed By:
Dat Hong · License #RS292173
(267) 312-5052
Added: Mar 16
Changed: Oct 21
Last Checked: Oct 23 at 3:06PM
MLS# PAPH2592788
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 1,468-square-foot brick duplex, built in 1927, contains two residences. Each has two bedrooms, one bathroom, and an eat-in kitchen. Separate HVAC units serve the apartments, with gas cooking and heating. The first-floor residence has access to the full basement and rear yard.
The property is in Philadelphia, with Center City and shopping areas among the nearby destinations. On-street parking is listed.
The property is in Philadelphia, with Center City and shopping areas among the nearby destinations. On-street parking is listed.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,468 square feet on a 0.022‑acre lot
- Brick construction; built in 1927
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,051
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,020
$501.0K
Cap Rate 7%
$357,871
$357.9K
Cap Rate 9%
$278,344
$278.3K
Market Conditions
NOI Build-Up for 1,468 SF
Gross rent
$37.9K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$35.8K $24.38/SF
− OpEx
−$10.7K −$7.31/SF
NOI
$25.1K $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%
$501,020
Cap Rate 7%
$357,871
Cap Rate 9%
$278,344
Alternative Uses
Best Use
Multifamily LT 5
$357.9K
$313.1K – $417.5K
NOI $25,051 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$329.9K
$288.6K – $384.9K
NOI $23,091 @ 7.0% cap · market cap 6.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,568
Businesses Nearby
Explore this area
Business Placement
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
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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?
Duplex - Both residences feature two bedrooms, one bathroom, and an eat-in kitchen.
Where is this duplex located?
The property is located at 1735 MCKEAN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,468 square feet on a 0.022‑acre lot; Brick construction; built in 1927
