Updated Duplex with Private
For Sale
$725,000
2028 S 13TH STREET, Philadelphia, PA 19148
Two-unit property with renovated interiors, finished lower-level space, central air, and in-unit laundry.
Property Size2,266 SF
Days on Market177
Property Features for 2028 S 13TH STREET
General Information
Standard status
Active
Size
2,266 SF
Property subtype
Duplex
Site & Location
Neighborhood
East Passyunk Crossing
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,277
Amenities
central air
in-unit laundry
en-suite bathrooms
private yard
finished lower level
kitchenette
Building Details
Building Size
2,266 SF
Year Built
1920
Buildings
1
Listing Agency:
EXP Realty, LLC
Listed By:
Michael V Giuda · License #AB067121
(215) 227-3333
Source:
Patmckennarealtors
Added: May 1
Changed: Oct 21
Last Checked: Oct 23 at 4:52PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This 1920-built duplex contains two separately configured residences with updated finishes and practical layouts. The first-floor unit offers two bedrooms and two full baths, hardwood and tile flooring, a modern kitchen with granite counters, wood cabinetry, and stainless-steel appliances, plus a primary suite, central air, and in-unit laundry. Its finished lower level adds flexible bonus space, storage, and a kitchenette-style area with a sink and granite counter. A large private yard is also included.
The second-floor unit provides three bedrooms and two full baths, along with hardwood flooring, central air, an open living and dining arrangement, and a kitchen featuring granite counters, a breakfast bar, tile flooring, wood cabinetry, and modern appliances. The primary bedroom has an en-suite bath, and the unit includes ceiling fans, closet space, and its own washer and dryer. The property is in East Passyunk Crossing near cafes, restaurants, shopping, public transportation, major highways, and bridges.
The second-floor unit provides three bedrooms and two full baths, along with hardwood flooring, central air, an open living and dining arrangement, and a kitchen featuring granite counters, a breakfast bar, tile flooring, wood cabinetry, and modern appliances. The primary bedroom has an en-suite bath, and the unit includes ceiling fans, closet space, and its own washer and dryer. The property is in East Passyunk Crossing near cafes, restaurants, shopping, public transportation, major highways, and bridges.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 full baths in the first‑floor residence
- Second‑floor residence includes 3 bedrooms and 2 full baths
- Finished lower level with bonus space, storage, and kitchenette‑style area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,669
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,380
$773.4K
Cap Rate 7%
$552,414
$552.4K
Cap Rate 9%
$429,656
$429.7K
Market Conditions
NOI Build-Up for 2,266 SF
Gross rent
$58.5K $25.80/SF
− Vacancy
−$3.2K −$1.42/SF
EGI
$55.2K $24.38/SF
− OpEx
−$16.6K −$7.31/SF
NOI
$38.7K $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 Rate 5%
$773,380
Cap Rate 7%
$552,414
Cap Rate 9%
$429,656
Alternative Uses
Best Use
Multifamily LT 5
$552.4K
$483.4K – $644.5K
NOI $38,669 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$509.2K
$445.5K – $594.1K
NOI $35,643 @ 7.0% cap · market cap 4.92%
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
3,973
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
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-unit property with renovated interiors, finished lower-level space, central air, and in-unit laundry.
Where is this duplex located?
The property is located at 2028 S 13TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 full baths in the first‑floor residence; Second‑floor residence includes 3 bedrooms and 2 full baths; Finished lower level with bonus space, storage, and kitchenette‑style area
