1839 N 17TH Street, Philadelphia, PA 19121
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 1839 N 17TH Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The duplex sits at 1839 N 17th Street in Philadelphia, two blocks from Temple University's Main Campus and within the Temple off-campus housing market. Both units are leased through July 2027. The property occupies a 0.0418-acre lot and has a history of consistent occupancy.
Key Highlights
- 2,721 SF duplex on a 0.0418‑acre lot
- Two leased units with 11 total bedrooms
- Unit A includes 6 bedrooms, 2 full bathrooms, and 2 half bathrooms
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 | $70.2k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $66.3k | $24.38 |
| − OpEx | −$19.9k | −$7.31 |
| NOI | $46.4k | $17.06 |
Alternative Uses
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Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 19121, PA
Market
Vacancy Rate% for Multifamily in Northeast region