Duplex with Ground-Floor Commercial
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 Market15
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
Garage - Attached, Driveway, On Street
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, Other (Heating), Baseboard, Electric (Heating)
Cooling system
Ductless, Central Air, Ceiling Fan(s), Window Unit(s)
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 21
Last Checked: Oct 21 at 10:06PM
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.
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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 with access from Amber Street, and a three-bedroom bi-level unit on the second and third floors. The first-floor area may offer an additional commercial-use option, subject to zoning, permits, approvals, and Certificate of Occupancy requirements. Built in 1875, the property is being sold as-is; the buyer must complete outstanding requirements for the intended use.
The property is zoned CMX-2.5. Documentation submitted to the City, along with plans, permits, approvals, rental licenses, and lead inspection materials, is available for buyer review. The existing rental licenses cover two residential units.
The property is zoned CMX-2.5. Documentation submitted to the City, along with plans, permits, approvals, rental licenses, and lead inspection materials, is available for buyer review. The existing rental licenses cover two residential units.
Key Highlights
- Two residential units: a rear one‑bedroom apartment and a three‑bedroom bi‑level apartment
- 2,704 square feet on a 0.0275‑acre lot
- Zoned CMX‑2.5
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.
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two licensed apartments are in place, while commercial use of the first floor would require applicable 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 residential units: a rear one‑bedroom apartment and a three‑bedroom bi‑level apartment; 2,704 square feet on a 0.0275‑acre lot; Zoned CMX‑2.5
