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Detached Duplex with Backyard
New
For Sale
$335,000

1826 RHAWN STREET, Philadelphia, PA 19111

The two-unit residence offers an owner-occupant the option to lease the second unit.

Property Size1,998 SF
Price / SF$167.67
Days on Market7

Property Features for 1826 RHAWN STREET

General Information

Standard status Active
Size 1,998 SF
Property subtype Duplex

Site & Location

Neighborhood Northeast Philadelphia

Additional Details

Multifamily Units 2

Building Details

Year Built 1940
Buildings 1
Listing Agency: Canaan Realty Services INC
Listed By: XIAO DAN LAN · License #3268183
Source: Cummingsrealtors
Added: Oct 24 Changed: Oct 29 Last Checked: Oct 30 at 3:32PM

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 Canaan Realty Services INC

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Investment Insights

Based on property information with market context.

Built in 1940, this detached duplex contains two residential units and 1,998 square feet. Windows throughout bring natural light into the living spaces, and the property includes a large backyard.

Located at 1826 Rhawn Street in Philadelphia, the property is presented as a two-unit residential asset. Its configuration supports occupancy of one unit while the other is rented, or use as a two-unit rental property.

Key Highlights

  • Detached two‑family residence
  • Two residential units
  • 1,998 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,826
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,520 $536.5K
Cap Rate 7%
$383,229 $383.2K
Cap Rate 9%
$298,067 $298.1K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$39.6K $19.80/SF
− Vacancy
−$1.2K −$0.62/SF
EGI
$38.3K $19.18/SF
− OpEx
−$11.5K −$5.75/SF
NOI
$26.8K $13.43/SF
Area
ZIP 19111
Vacancy
3.13%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,520
Cap Rate 7%
$383,229
Cap Rate 9%
$298,067

Alternative Uses

Best Use
Multifamily LT 5
$383.2K
$335.3K – $447.1K (±1% cap)
NOI $26,826 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$353.4K
$309.2K – $412.3K (±1% cap)
NOI $24,738 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$605.8K
$530.1K – $706.7K (±1% cap)
NOI $42,404 @ 7.0% cap · market cap 12.66%
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

Location Intelligence

Trade Area within ½ mile

1,180
Businesses Nearby

Demographics for 19111, PA

67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - The two-unit residence offers an owner-occupant the option to lease the second unit.
Where is this duplex located?
The property is located at 1826 RHAWN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Detached two‑family residence; Two residential units; 1,998 square feet
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