Duplex with Private
New
For Sale
$310,000
2031 DICKINSON STREET, Philadelphia, PA 19146
Two vacant residences offer separate laundry, with an office or den in the upper unit.
Property Size1,496 SF
Price / SF$207.22
Days on Market7
Property Features for 2031 DICKINSON STREET
General Information
Standard status
Active
Size
1,496 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Philadelphia
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 1BR/1BA + den
Multifamily Units
2
Amenities
in-unit washer/dryer
patio
Building Details
Year Built
1920
Buildings
1
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Thomas Richard Baumbach · License #RS381166
(610) 989-7553
Source:
Cummingsrealtors
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 5:16AM
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.
Built in 1920, this 1,496-square-foot duplex contains two vacant one-bedroom, one-bathroom apartments. The upper residence also includes an office or den. The main-floor unit has an IKEA kitchen with a stainless steel gas range and refrigerator, while each apartment has its own washer and dryer. A rear patio sits within privacy fencing and mature trees, and the home has a brick facade.
The property is in Philadelphia’s Point Breeze neighborhood, a short walk from the Broad Street Line and Center City. The 17 bus route is nearby, and local restaurants and small businesses include American Sardine Bar, Anh Em, Tasty Toast, Porco’s, and Chicks.
The property is in Philadelphia’s Point Breeze neighborhood, a short walk from the Broad Street Line and Center City. The 17 bus route is nearby, and local restaurants and small businesses include American Sardine Bar, Anh Em, Tasty Toast, Porco’s, and Chicks.
Key Highlights
- Two‑unit duplex with 1,496 square feet; built in 1920
- Each apartment has 1 bedroom, 1 full bathroom, and its own washer and dryer
- Upper unit includes an office or den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,529
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,580
$510.6K
Cap Rate 7%
$364,700
$364.7K
Cap Rate 9%
$283,656
$283.7K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$38.6K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.5K $24.38/SF
− OpEx
−$10.9K −$7.31/SF
NOI
$25.5K $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%
$510,580
Cap Rate 7%
$364,700
Cap Rate 9%
$283,656
Alternative Uses
Best Use
Multifamily LT 5
$364.7K
$319.1K – $425.5K
NOI $25,529 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$336.2K
$294.1K – $392.2K
NOI $23,531 @ 7.0% cap · market cap 7.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,586
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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 vacant residences offer separate laundry, with an office or den in the upper unit.
Where is this duplex located?
The property is located at 2031 DICKINSON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,496 square feet; built in 1920; Each apartment has 1 bedroom, 1 full bathroom, and its own washer and dryer; Upper unit includes an office or den
