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Renovated Duplex with Private Backyard
For Sale
$395,000

1919 E Huntingdon Street, Philadelphia, PA 19125

Completely renovated duplex with a one-bedroom unit and a three-bedroom, two-bath unit plus a finished basement.

Property Size1,798 SF
Price / SF$219.69
Days on Market186

Property Features for 1919 E Huntingdon Street

General Information

Standard status Active
Size 1,798 SF
Property subtype Multi-Family
Zoning RM1

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,645

Amenities

private backyard
finished basement
Natural Gas
Yes
No
3
All
Estimated
1
No Pool
Public
O50
0.03
Brick/Mortar
52000.00

Building Details

Building Size 1,798 SF
Year Built 1875
Stories 3
Tenancy Multi
Listing Agency: Samson Properties
Listed By: Amanda Strain
Source: Thetristaterealestategroup
Added: Mar 7 Changed: Sep 8 Last Checked: Sep 8 at 3:56AM

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 Samson Properties

Investment Insights

Based on property information with market context.

Completely renovated duplex offering modern finishes and flexible living arrangements. Unit 1 is located on the first floor with a one-bedroom, one-bath layout and access to a private backyard, along with a finished basement for additional living or storage. Unit 2 spans the second and third floors and includes three bedrooms and two full bathrooms, with updated, granite-countertop kitchens and wood cabinetry throughout.

The property is located near public transportation and is within reach of restaurants and shopping in the Fishtown area. Both units feature modern bathrooms and finished interiors, presenting a move-in-ready option for either rental income or owner occupancy.

With separate unit configurations across multiple levels and updated major components, this duplex provides practical space planning for day-to-day living.

Key Highlights

  • Completely renovated duplex with 1BD/1BA unit on the first floor and a 3BD/2BA unit across the second and third floors
  • Unit 1 includes a finished basement and access to a private backyard
  • Unit 2 offers three bedrooms and two full bathrooms over the top two floors

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,683
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.77%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$613,660 $613.7K
Cap Rate 7%
$438,329 $438.3K
Cap Rate 9%
$340,922 $340.9K
Market Conditions
NOI Build-Up for 1,798 SF 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.
Gross rent
$46.4K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$43.8K $24.38/SF
− OpEx
−$13.1K −$7.31/SF
NOI
$30.7K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$613,660
Cap Rate 7%
$438,329
Cap Rate 9%
$340,922

Alternative Uses

Best Use
Multifamily LT 5
$438.3K
$383.5K – $511.4K (±1% cap)
NOI $30,683 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.4K (±1% cap)
NOI $28,282 @ 7.0% cap · market cap 7.16%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Acupuncture Tech Support Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,488
Businesses Nearby

Demographics for 19125, PA

25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Completely renovated duplex with a one-bedroom unit and a three-bedroom, two-bath unit plus a finished basement.
Where is this duplex located?
The property is located at 1919 E Huntingdon Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Completely renovated duplex with 1BD/1BA unit on the first floor and a 3BD/2BA unit across the second and third floors; Unit 1 includes a finished basement and access to a private backyard; Unit 2 offers three bedrooms and two full bathrooms over the top two floors
More about this property
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