New Construction Duplex with Outdoor
For Sale
$515,000
2053 E WILLIAM STREET, Philadelphia, PA 19134
Multi-level living areas, private exterior spaces, contemporary finishes, and separate utilities support flexible residential income use.
Property Size2,950 SF
Days on Market118
Property Features for 2053 E WILLIAM STREET
General Information
Standard status
Active
Size
2,950 SF
Property subtype
Duplex
Site & Location
Neighborhood
Kensington
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$628
Building Details
Building Size
2,950 SF
Year Built
2026
Buildings
1
Listing Agency:
Elfant Wissahickon-Rittenhouse Square
Listed By:
Shauli David · License #RS313122
(215) 605-0917
Source:
Lizclarkrealestate
Added: Jun 29
Changed: Oct 21
Last Checked: Oct 23 at 2:15PM
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 Elfant Wissahickon-Rittenhouse Square
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Investment Insights
Based on property information with market context.
This 2026-built duplex at 2053 E William St combines two distinct multi-level residences with contemporary interior finishes and private outdoor areas. Unit A includes an open living and dining area, a stainless steel appliance package, counter seating, a full bath, a private rear yard, two bedrooms with en-suite bathrooms, generous closets, and in-unit laundry. Unit B offers an open kitchen and living arrangement, stainless steel appliances, designer lighting, a private balcony, bedrooms with full bathrooms, in-unit laundry, and a private roof deck with city views.
The property is part of a three-building development in Philadelphia, with the other two duplexes already under contract. Separate utilities and move-in-ready delivery are provided, along with a full 10-year tax abatement. The address is 2053 E William St, Philadelphia, PA 19134.
The property is part of a three-building development in Philadelphia, with the other two duplexes already under contract. Separate utilities and move-in-ready delivery are provided, along with a full 10-year tax abatement. The address is 2053 E William St, Philadelphia, PA 19134.
Key Highlights
- 2026‑built duplex with 2,950 property size
- Two multi‑level residences with contemporary finishes
- Unit A includes two bedrooms with en‑suite bathrooms and a private rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,402
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,040
$928.0K
Cap Rate 7%
$662,886
$662.9K
Cap Rate 9%
$515,578
$515.6K
Market Conditions
NOI Build-Up for 2,950 SF
Gross rent
$89.6K $30.36/SF
− Vacancy
−$5.2K −$1.76/SF
EGI
$84.4K $28.60/SF
− OpEx
−$38.0K −$12.87/SF
NOI
$46.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,040
Cap Rate 7%
$662,886
Cap Rate 9%
$515,578
Alternative Uses
Best Use
Multifamily LT 5
$719.2K
$629.3K – $839.0K
NOI $50,341 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$662.9K
$580.0K – $773.4K
NOI $46,402 @ 7.0% cap · market cap 9.01%
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
2,297
Businesses Nearby
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Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
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 - Multi-level living areas, private exterior spaces, contemporary finishes, and separate utilities support flexible residential income use.
Where is this duplex located?
The property is located at 2053 E WILLIAM STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2026‑built duplex with 2,950 property size; Two multi‑level residences with contemporary finishes; Unit A includes two bedrooms with en‑suite bathrooms and a private rear yard
