Duplex with Central
For Sale
$545,000
1916 N 17TH Street, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property Size2,352 SF
Lot Size0.02 Acres
Price / SF$231.72
Days on Market55
Property Features for 1916 N 17TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,352 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
5513
Utilities
Cooling system
Central Air
Building Details
Year built
2013
Number of units
2
Building materials
Masonry
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Sam A Akif · License #RS331003
(215) 617-6142
Added: Aug 28
Changed: Oct 16
Last Checked: Oct 21 at 10:06PM
MLS# PAPH2664782
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.
Built in 2013, this masonry duplex contains 2,352 square feet and two occupied units. Unit A has 4 bedrooms and 2 bathrooms, while Unit B includes 6 bedrooms and 3 bathrooms. Central air serves the property, and parking is on street. Both leases run through July 25, 2027.
The property is at 1916 N 17th Street in Philadelphia, PA 19121. Temple University, public transit, commuter routes, dining, and shopping are described as walkable from the address. The duplex may be sold with 1705 W Norris St.
The property is at 1916 N 17th Street in Philadelphia, PA 19121. Temple University, public transit, commuter routes, dining, and shopping are described as walkable from the address. The duplex may be sold with 1705 W Norris St.
Key Highlights
- Two occupied units with leases through July 25, 2027
- Unit A: 4 bedrooms and 2 bathrooms; Unit B: 6 bedrooms and 3 bathrooms
- 2,352 square feet; built in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,137
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,740
$802.7K
Cap Rate 7%
$573,386
$573.4K
Cap Rate 9%
$445,967
$446.0K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$60.7K $25.80/SF
− Vacancy
−$3.3K −$1.42/SF
EGI
$57.3K $24.38/SF
− OpEx
−$17.2K −$7.31/SF
NOI
$40.1K $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%
$802,740
Cap Rate 7%
$573,386
Cap Rate 9%
$445,967
Alternative Uses
Best Use
Multifamily LT 5
$573.4K
$501.7K – $669.0K
NOI $40,137 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$528.5K
$462.5K – $616.6K
NOI $36,996 @ 7.0% cap · market cap 6.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,065
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 - Two leased residences offer a combined six-bedroom and four-bathroom configuration.
Where is this duplex located?
The property is located at 1916 N 17TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Two occupied units with leases through July 25, 2027; Unit A: 4 bedrooms and 2 bathrooms; Unit B: 6 bedrooms and 3 bathrooms; 2,352 square feet; built in 2013
