Duplex With Bi-Level
For Sale
$424,999
1812 W MASTER Street, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property Size1,788 SF
Lot Size0.04 Acres
Price / SF$237.70
Days on Market54
Property Features for 1812 W MASTER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Ceiling Fan(s)
Subdivision
FRANCISVILLE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,788 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7186
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
private oversized backyard
storage shed
full basement
hardwood flooring
exposed brick
modern kitchen
dishwasher
washer and dryer
central air
separately metered
skylights
Building Details
Year built
1915
Number of units
2
Building materials
Masonry
Listing Agency:
Realty Mark Cityscape
(215) 583-7777
Listed By:
Kevin Gov · License #RS335824
(267) 939-0147
Added: Aug 31
Last Checked: Oct 23 at 12:06PM
MLS# PAPH2665352
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 legally zoned duplex contains 1,788 square feet within a masonry building constructed in 1915. The first-floor residence offers two bedrooms, one bathroom, a private oversized backyard, storage shed, full basement, hardwood flooring, exposed brick, and a modern kitchen with dishwasher. The upper apartment uses a bi-level loft-style plan with two large bedrooms, two full bathrooms, skylights, exposed brick, hardwood floors, and substantial living space. Each unit has its own washer and dryer, central air, and separate utility metering. Hot-water heating serves the building, with on-street parking available.
The property is located at 1812 W Master Street in Philadelphia, approximately a 7-minute walk from the Broad Street Line. Francisville, Fairmount, and Temple University are identified nearby, along with dining, shopping, and entertainment within walking distance. The 0.0363-acre parcel is in Philadelphia County, ZIP Code 19121.
The property is located at 1812 W Master Street in Philadelphia, approximately a 7-minute walk from the Broad Street Line. Francisville, Fairmount, and Temple University are identified nearby, along with dining, shopping, and entertainment within walking distance. The 0.0363-acre parcel is in Philadelphia County, ZIP Code 19121.
Key Highlights
- Legally zoned duplex with 1,788 square feet
- Two‑bedroom, one‑bath first‑floor unit with oversized backyard, shed, and full basement
- Bi‑level upper apartment with two bedrooms, two full bathrooms, and skylights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,512
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,240
$610.2K
Cap Rate 7%
$435,886
$435.9K
Cap Rate 9%
$339,022
$339.0K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$46.1K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$43.6K $24.38/SF
− OpEx
−$13.1K −$7.31/SF
NOI
$30.5K $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%
$610,240
Cap Rate 7%
$435,886
Cap Rate 9%
$339,022
Alternative Uses
Best Use
Multifamily LT 5
$435.9K
$381.4K – $508.5K
NOI $30,512 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$401.8K
$351.6K – $468.7K
NOI $28,124 @ 7.0% cap · market cap 6.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,512
Businesses Nearby
Explore this area
Business Placement
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
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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 - Tenant-occupied two-unit property with private outdoor space, basement storage, central air, and separate utility metering.
Where is this duplex located?
The property is located at 1812 W MASTER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $424,999.
What are key features of this property?
This property features: Legally zoned duplex with 1,788 square feet; Two‑bedroom, one‑bath first‑floor unit with oversized backyard, shed, and full basement; Bi‑level upper apartment with two bedrooms, two full bathrooms, and skylights
