Rhawnhurst Multi-Family Home with
1808 GRIFFITH Street Philadelphia, PA 19111
1808 GRIFFITH Street, Philadelphia, PA, 19111
$399,900
For Sale
$399,900
MULTI_FAMILY - Colonial - PHILADELPHIA, PA
Property Size1,440 SF
Lot Size0.09 Acres
Price / SF$277.71
Days on Market97
Property Features for 1808 GRIFFITH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 1
- Parking features
- On Street, Garage - Detached
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4847
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Colonial
Listing Agency
Century 21 Advantage Gold-Castor
(215) 722-7170
7104 Castor Avenue, Philadelphia, PA
Listed by
Miladin Nikic · License #RS220576L
(215) 722-7170
Added: Apr 13 Checked: Jul 18 at 9:06 am
MLS# PAPH2600892
Listing URL
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.
Investment Insights
Based on property information with market context.
Located on a wide, tree-lined street in the Rhawnhurst section of Northeast Philadelphia, this distinctive property presents opportunities for both homeowners and investors. The property can function as a large single-family home or as a rental property. The first floor features a two-bedroom apartment with a covered porch. The spacious living room includes hardwood floors and mosaic work. Stained glass doors adorn the first-floor bedrooms and bathroom. From the living room, there is access to the kitchen, a full basement, and the rear backyard. The second floor, accessible via a separate entrance, includes a large living room, a large bedroom, an eat-in kitchen, and a full bathroom. The 1,440 square-foot house has hardwood floors throughout, a full basement, a utility room, and a garage. Situated on a 0.0928-acre lot, the property has a variance for multi-family use with a separate entrance. The location offers convenient access to schools, public transportation, main roads, parks, and shopping areas.
Key Highlights
- Colonial single home built in 1950 with frame construction materials
- Layout offers flexible use as a large one‑family home or rental property
- First floor includes a 2‑bedroom apartment with covered porch, living room, kitchen, full basement access, and rear yard/ garden exit
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 | $28.5k | $19.80 |
| − Vacancy | −$892 | −$0.62 |
| EGI | $27.6k | $19.18 |
| − OpEx | −$8.3k | −$5.75 |
| NOI | $19.3k | $13.43 |
1,440 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.2K
NOI $19,334 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$254.7K
$222.9K – $297.2K
NOI $17,829 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$436.6K
$382.0K – $509.4K
NOI $30,562 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Distinctive home in Northeast Philadelphia, suitable for homeowners or investors.
Where is this duplex located?
The property is located at 1808 GRIFFITH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Colonial single home built in 1950 with frame construction materials; Layout offers flexible use as a large one‑family home or rental property; First floor includes a 2‑bedroom apartment with covered porch, living room, kitchen, full basement access, and rear yard/ garden exit
