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Student Housing Duplex with Patio

1743 N WILLINGTON ST, Philadelphia, PA 19121

For Sale
$449,900

Two apartments offer separate layouts, in-unit laundry, and a private outdoor area for the first-floor residence.

Property Size2,188 SF
Price / SF$205.62
Days on Market8

Property Features for 1743 N WILLINGTON ST

General Information

Standard status Active
Size 2,188 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood North Philadelphia

Units

Unit Mix 1 x 2BR/1BA, 1 x 5BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

hardwood floors
shaker cabinetry
tiled bathrooms
in-unit washer/dryer
built-in closets
ceiling fans
study space
patio
basement storage

Building Details

Buildings 1
Stories 3
Listing Agency: Plus Realtors
Listed By: Shujun Liu
Source: Palmerharned
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 10 at 8:32AM

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 Plus Realtors

Rey
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Investment Insights

Based on property information with market context.

This 2,188-square-foot duplex contains two apartments: a first-floor unit with 2 bedrooms and 1 bathroom, and a bi-level residence spanning the second and third floors with 5 bedrooms and 2 bathrooms. Both apartments feature hardwood flooring, shaker-style cabinets, tiled bathrooms, and their own washer and dryer. The lower unit also has a rear patio. An unfinished basement provides storage and a separate laundry area.

The property at 1743 N Willington St is two blocks from Temple University’s Main Campus and across the street from a police station. Both apartments are leased for the 2025–2026 school year, with occupancy extending through July 2026.

Key Highlights

  • 2,188‑square‑foot duplex with two apartments
  • First‑floor unit has 2 bedrooms and 1 bathroom
  • Bi‑level second- and third‑floor unit has 5 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,338
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,760 $746.8K
Cap Rate 7%
$533,400 $533.4K
Cap Rate 9%
$414,867 $414.9K
Market Conditions
NOI Build-Up for 2,188 SF
Gross rent
$56.5K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$53.3K $24.38/SF
− OpEx
−$16.0K −$7.31/SF
NOI
$37.3K $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%
$746,760
Cap Rate 7%
$533,400
Cap Rate 9%
$414,867

Alternative Uses

Best Use
Multifamily LT 5
$533.4K
$466.7K – $622.3K (±1% cap)
NOI $37,338 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$491.7K
$430.2K – $573.6K (±1% cap)
NOI $34,416 @ 7.0% cap · market cap 7.65%
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? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,206
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Philadelphia, PA

$215 Jul
$206 Aug
$206 Sep
$202 Oct

Properties on Market for Duplexes in Philadelphia

Jul
Aug
Sep
Oct

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 - Two apartments offer separate layouts, in-unit laundry, and a private outdoor area for the first-floor residence.
Where is this duplex located?
The property is located at 1743 N WILLINGTON ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2,188‑square‑foot duplex with two apartments; First‑floor unit has 2 bedrooms and 1 bathroom; Bi‑level second- and third‑floor unit has 5 bedrooms and 2 bathrooms
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