Two-Unit Residential Income
1941 S 30TH Street Philadelphia, PA 19145
1941 S 30TH Street, Philadelphia, PA, 19145
$450,000
For Sale
$450,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,560 SF
Lot Size0.06 Acres
Price / SF$288.46
Days on Market27
Property Features for 1941 S 30TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,560 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3843
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Masonry
Listing agency
Century 21 Advantage Gold-South Philadelphia
(215) 465-1400
Listed by
Frank J Jacovini · License #AB061238L
(215) 519-0899
Added: Jun 26 Updated: Jul 7 at 11:02AM Checked: Jul 22 at 4:06PM
MLS# PAPH2641572
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.
Investment Insights
Based on property information with market context.
1941 S. 30th Street is a mixed-use residential income property currently configured as two spacious 2-bedroom apartments. The building provides a straightforward two-unit layout suitable for rental housing or an owner-occupant arrangement. According to the owner, there may be potential to construct a second building on the property, and buyers are encouraged to conduct their own due diligence regarding zoning and development possibilities.
The property is located in South Philadelphia with convenient access to public transportation, shopping, dining, parks, and major commuter routes, supporting day-to-day connectivity for tenants and occupants.
This configuration can fit buyers looking for income from two established units, or those interested in living in one unit while renting the other. For investors and owner-operators, the owner-reported opportunity to explore additional development on-site adds a separate planning track that should be validated through the appropriate local approvals. The property may also be purchased as part of a package with additional nearby properties on Dover Street, subject to the terms of that offering.
The property is located in South Philadelphia with convenient access to public transportation, shopping, dining, parks, and major commuter routes, supporting day-to-day connectivity for tenants and occupants.
This configuration can fit buyers looking for income from two established units, or those interested in living in one unit while renting the other. For investors and owner-operators, the owner-reported opportunity to explore additional development on-site adds a separate planning track that should be validated through the appropriate local approvals. The property may also be purchased as part of a package with additional nearby properties on Dover Street, subject to the terms of that offering.
Key Highlights
- Masonry construction with hot water heating and on‑street parking
- Built in 1950, with a basement included
- Currently configured as two spacious 2‑bedroom apartments
Local 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 | $40.2k | $25.80 |
| − Vacancy | −$2.2k | −$1.42 |
| EGI | $38.0k | $24.38 |
| − OpEx | −$11.4k | −$7.31 |
| NOI | $26.6k | $17.06 |
1,560 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.3K
$332.8K – $443.7K
NOI $26,621 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$350.5K
$306.7K – $409.0K
NOI $24,538 @ 7.0% cap · market cap 5.45%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom apartments with an owner-reported possibility for expansion on the lot.
Where is this duplex located?
The property is located at 1941 S 30TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Masonry construction with hot water heating and on‑street parking; Built in 1950, with a basement included; Currently configured as two spacious 2‑bedroom apartments
