2-Unit Duplex with
New
For Sale
$310,000
2031 DICKINSON Street, Philadelphia, PA 19146
Multi-Family, PHILADELPHIA, PA
Property Size1,496 SF
Lot Size0.02 Acres
Price / SF$207.22
Days on Market2
Property Features for 2031 DICKINSON Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,496 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
3675
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Amenities
washer & dryer
patio
Building Details
Year built
1920
Number of units
2
Building materials
Masonry, Brick
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Thomas Richard Baumbach · License #RS381166
(610) 989-7553
Added: Oct 27
Last Checked: Oct 28 at 8:06PM
MLS# PAPH2684814
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 1,496-square-foot brick duplex contains two one-bedroom, one-bathroom apartments. The upper residence also includes an office or den. Each floor has its own washer and dryer, and the property has window-unit cooling and on-street parking. A fenced patio with mature trees provides outdoor space. Two water heaters and two refrigerators were installed in 2026.
The property is in Philadelphia’s Point Breeze neighborhood, near the 17 bus route and within walking distance of the Broad Street Line and Center City. Nearby businesses include American Sardine Bar, Anh Em, Tasty Toast, Porco’s, and Chicks.
The property is in Philadelphia’s Point Breeze neighborhood, near the 17 bus route and within walking distance of the Broad Street Line and Center City. Nearby businesses include American Sardine Bar, Anh Em, Tasty Toast, Porco’s, and Chicks.
Key Highlights
- Two apartments, each with 1 bedroom and 1 full bathroom
- 1,496 square feet on a 0.0227‑acre lot
- Upper apartment 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?
See the owner, sales and loan history
Open Analytics
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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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 - Both apartments are vacant, with one-bedroom layouts and separate laundry on each floor.
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 apartments, each with 1 bedroom and 1 full bathroom; 1,496 square feet on a 0.0227‑acre lot; Upper apartment includes an office or den
