Twin Duplex with Rear
1914 Solly Avenue Philadelphia, PA 19152
For Sale
$415,000
Pending
Two 2-bedroom units plus finished lower-level space, with rear off-street parking and individually paid utilities.
Property Size1,680 SF
Days on Market54
Property Features for 1914 Solly Avenue
General Information
- Standard status
- Pending
- Size
- 1,680 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1960
Listing Agency:
Canaan Realty Investment Group
(267) 269-6178
Listed By:
Phillyn Noeun · License #RS357549
(267) 269-6178
Source:
Compass
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 24 at 2:35PM
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 Investment Group
Investment Insights
Based on property information with market context.
This twin duplex includes two similar units, each offering two bedrooms and one bathroom with a spacious living room and kitchen. The finished lower level basement provides additional living space with two bedrooms and a full bathroom. Unit 2 is currently occupied, while Unit 1 is vacant and ready for a new tenant or owner-occupant. Tenants pay their own utilities, with water shared between Units 1 and 2. Rear off-street parking is available, and there are cameras on the property.
Located in the Rhawnhurst section of Northeast Philadelphia, the property sits in the 19152 ZIP code and is described as being just minutes from many stores. Unit 1 is available for showings, while Unit 2 requires advance notice. Per listing instructions, an agent must accompany buyers during showings.
For buyers seeking a straightforward duplex structure, the property offers two unit layouts and additional finished lower-level space that can support flexible occupancy planning. The combination of one vacant unit and one occupied unit may also appeal to owner-occupants or investors looking to bring Unit 1 to market while maintaining established rental income from Unit 2.
Located in the Rhawnhurst section of Northeast Philadelphia, the property sits in the 19152 ZIP code and is described as being just minutes from many stores. Unit 1 is available for showings, while Unit 2 requires advance notice. Per listing instructions, an agent must accompany buyers during showings.
For buyers seeking a straightforward duplex structure, the property offers two unit layouts and additional finished lower-level space that can support flexible occupancy planning. The combination of one vacant unit and one occupied unit may also appeal to owner-occupants or investors looking to bring Unit 1 to market while maintaining established rental income from Unit 2.
Key Highlights
- Twin duplex built in 1960 with two 2‑bedroom, 1‑bath units (Units 1 and 2 have similar layouts)
- Finished lower‑level basement adds extra living space with 2 bedrooms and a full bath
- Unit 2 is currently occupied; Unit 1 is vacant and ready for a new tenant or owner‑occupant
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 | $43.3k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.0k | $24.38 |
| − OpEx | −$12.3k | −$7.31 |
| NOI | $28.7k | $17.06 |
1,680 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,669 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 6.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two 2-bedroom units plus finished lower-level space, with rear off-street parking and individually paid utilities.
Where is this duplex located?
The property is located at 1914 Solly Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Twin duplex built in 1960 with two 2‑bedroom, 1‑bath units (Units 1 and 2 have similar layouts); Finished lower‑level basement adds extra living space with 2 bedrooms and a full bath; Unit 2 is currently occupied; Unit 1 is vacant and ready for a new tenant or owner‑occupant
