Duplex with Commercial
New
For Sale
$680,000
2007 N FRONT Street, Philadelphia, PA 19122
Multi-Family, PHILADELPHIA, PA
Property Size2,704 SF
Lot Size0.03 Acres
Price / SF$251.48
Days on Market3
Property Features for 2007 N FRONT Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room, Basement
Parking
1
Parking features
On Street, Driveway, Garage - Attached
Interior features
2nd Kitchen, Additional Stairway, Bathroom - Stall Shower, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Recessed Lighting, Store/Office, Upgraded Countertops
Appliances
Refrigerator, Stove, WaterHeater
Subdivision
FISHTOWN
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,704 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
6210
Utilities
Heating system
Forced Air, Baseboard, Other (Heating), Electric (Heating)
Cooling system
Ceiling Fan(s), Window Unit(s), Ductless, Central Air
Building Details
Year built
1875
Floors in Building
2
Number of units
3
Building materials
Masonry, Mixed, Trombe Wall
Architectural style
Other
Listing Agency:
Quality Real Estate-Broad St
(215) 457-2600
Listed By:
Celenia Martinez · License #RS331750
(267) 694-0246
Added: Oct 7
Changed: Oct 8
Last Checked: Oct 9 at 10:06AM
MLS# PAPH2678604
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.
This 2,704-square-foot duplex contains two residential apartments: a one-bedroom unit at the rear and a three-bedroom bi-level unit on the second and third floors. The property has two current rental licenses and is being sold AS-IS. Built in 1875, it sits on a 0.0275-acre lot and is zoned CMX-2.5.
The first-floor area may offer potential for commercial use, contingent on zoning, permits, approvals, and a Certificate of Occupancy. Development documents have been submitted to the City of Philadelphia, and plans, permits, and approvals are available for review. The buyer is responsible for completing outstanding requirements and securing applicable final approvals for the intended use.
The first-floor area may offer potential for commercial use, contingent on zoning, permits, approvals, and a Certificate of Occupancy. Development documents have been submitted to the City of Philadelphia, and plans, permits, and approvals are available for review. The buyer is responsible for completing outstanding requirements and securing applicable final approvals for the intended use.
Key Highlights
- Two licensed residential units: one‑bedroom rear apartment and three‑bedroom bi‑level apartment
- 2,704 square feet on a 0.0275‑acre lot
- CMX‑2.5 zoning; first‑floor commercial use is subject to applicable approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,143
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,860
$922.9K
Cap Rate 7%
$659,186
$659.2K
Cap Rate 9%
$512,700
$512.7K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$69.8K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$65.9K $24.38/SF
− OpEx
−$19.8K −$7.31/SF
NOI
$46.1K $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%
$922,860
Cap Rate 7%
$659,186
Cap Rate 9%
$512,700
Alternative Uses
Best Use
Multifamily LT 5
$659.2K
$576.8K – $769.1K
NOI $46,143 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$607.6K
$531.7K – $708.9K
NOI $42,533 @ 7.0% cap · market cap 6.25%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,944
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two licensed residential units include a rear apartment and a bi-level residence, with a possible commercial use subject to approvals.
Where is this duplex located?
The property is located at 2007 N FRONT Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two licensed residential units: one‑bedroom rear apartment and three‑bedroom bi‑level apartment; 2,704 square feet on a 0.0275‑acre lot; CMX‑2.5 zoning; first‑floor commercial use is subject to applicable approvals
