1807 W BERKS Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 16, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 16 at 3:06 pm
Property Features for 1807 W BERKS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6719
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2012
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Karl J Klotzbach License #RS311630 (484) 363-3657
Listing office Coldwell Banker Realty 325 Chestnut Street unit: 1300, Plymouth Meeting, PA (215) 923-7600
Listing date Jun 16, 2026
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.
HighLights
- Three newer‑built duplexes in a row, built in 2012
- Masonry construction with forced‑air heating and central air
- Each building has two bi‑level units: one 4 bed/2 bath and one 4 bed/4 bath
- Fully rented through July 2027
- Parking available via on‑street parking
Overview
The duplexes are located at 1807 W Berks Street in Philadelphia, Pennsylvania 19121. The seller notes a straight walk to Temple University and the surrounding campus lifestyle. According to the current remarks, the properties have historically been rented to students.
For investors or owner-users seeking turnkey income, the duplexes are described as fully rented through July 2027. With the consistent bi-level duplex structure across all three buildings and tenant-oriented features like central air and outdoor space, the asset may appeal to buyers looking to manage multiple similar units under one ownership structure. Please contact the listing broker for additional details and to arrange a private tour.
Local 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 | $67.1k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $63.4k | $24.38 |
| − OpEx | −$19.0k | −$7.31 |
| NOI | $44.4k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1642
- Latitude
- 39.9828
