Duplex-Style Home with Walkout
For Sale
$210,000
2094 Carver St, Philadelphia, PA 19124
Philadelphia home with separate lower-level living space, kitchen, bedroom, and bath for extended-family use.
Property Size1,446 SF
Price / SF$145.23
Days on Market64
Property Features for 2094 Carver St
General Information
Standard status
Active
Size
1,446 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$12,000
Building Details
Year Built
1930
Listing Agency:
Keller Williams Real Estate Tri-County
Listed By:
Vu Le · License #RS347215
(267) 528-8960
Source:
Bethsamberg
Added: Aug 20
Changed: Oct 4
Last Checked: Oct 7 at 1:43PM
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 Keller Williams Real Estate Tri-County
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Investment Insights
Based on property information with market context.
Built in 1930, this Philadelphia property combines a two-bedroom, one-bathroom main level with a finished walkout basement configured with a bedroom, full bathroom, kitchen, and separate living area. The lower level is currently occupied by a family member and provides additional household space within the home.
The property sits one block from ShopRite and Wawa, placing everyday shopping, food, and necessities nearby. The finished basement is not included in the listed square footage. The home is not approved or zoned as a legal two-unit property, and no City variance has been obtained; buyers must verify zoning, permitted use, rental eligibility, and any required approvals.
The property sits one block from ShopRite and Wawa, placing everyday shopping, food, and necessities nearby. The finished basement is not included in the listed square footage. The home is not approved or zoned as a legal two-unit property, and no City variance has been obtained; buyers must verify zoning, permitted use, rental eligibility, and any required approvals.
Key Highlights
- Finished walkout basement with bedroom, full bathroom, kitchen, and separate living area
- Main level includes 2 bedrooms and 1 full bathroom
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,633
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,660
$372.7K
Cap Rate 7%
$266,186
$266.2K
Cap Rate 9%
$207,033
$207.0K
Market Conditions
NOI Build-Up for 1,446 SF
Gross rent
$28.6K $19.80/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$26.6K $18.41/SF
− OpEx
−$8.0K −$5.52/SF
NOI
$18.6K $12.89/SF
Area
ZIP 19124
Vacancy
7.03%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,660
Cap Rate 7%
$266,186
Cap Rate 9%
$207,033
Alternative Uses
Best Use
Multifamily LT 5
$266.2K
$232.9K – $310.6K
NOI $18,633 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.8K
NOI $17,145 @ 7.0% cap · market cap 8.16%
Theoretical Best
Specialty Retail
$831.8K
$727.8K – $970.4K
NOI $58,223 @ 7.0% cap · market cap 27.73%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
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Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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 - Philadelphia home with separate lower-level living space, kitchen, bedroom, and bath for extended-family use.
Where is this duplex located?
The property is located at 2094 Carver St Philadelphia, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Finished walkout basement with bedroom, full bathroom, kitchen, and separate living area; Main level includes 2 bedrooms and 1 full bathroom; Built in 1930
