Duplex with Central
For Sale
$459,000
Pending
2110 Strahle St, Philadelphia, PA 19152
The two-unit residential property includes central air and gas-fired hot water.
Property Size2,430 SF
Days on Market108
Property Features for 2110 Strahle St
General Information
Standard status
Pending
Size
2,430 SF
Total Parking Spaces
3
Property subtype
Residential Income
Zoning
RTA1
Taxes and HOA fees
Annual Taxes
$6,045
Amenities
Central Air
Hot Water, Natural Gas
Partial, Exterior Entry, Partially Finished
Refrigerator, Oven, Gas Oven, Gas Range
Pantry
On Street
Unit/Flat
Building Details
Building Size
2,430 SF
Year Built
1956
Stories
3
Listing Agency:
Legacy Realty Properties LLC
Listed By:
Estee Solar · License #RS313758
(215) 499-1297
Source:
Evrealestate
Added: Jun 25
Changed: Oct 10
Last Checked: Oct 9 at 8:21PM
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 Legacy Realty Properties LLC
Investment Insights
Based on property information with market context.
Built in 1956, this Philadelphia duplex is configured for two residential units and includes central air conditioning. Interior features include a pantry, a refrigerator, and gas cooking appliances. The property also has a partially finished basement with exterior access and on-street parking.
Key Highlights
- Two‑unit duplex built in 1956
- Central air conditioning and hot water supplied by natural gas
- Partially finished basement with exterior entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,468
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,360
$829.4K
Cap Rate 7%
$592,400
$592.4K
Cap Rate 9%
$460,756
$460.8K
Market Conditions
NOI Build-Up for 2,430 SF
Gross rent
$62.7K $25.80/SF
− Vacancy
−$3.5K −$1.42/SF
EGI
$59.2K $24.38/SF
− OpEx
−$17.8K −$7.31/SF
NOI
$41.5K $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%
$829,360
Cap Rate 7%
$592,400
Cap Rate 9%
$460,756
Alternative Uses
Best Use
Multifamily LT 5
$592.4K
$518.4K – $691.1K
NOI $41,468 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$546.0K
$477.8K – $637.1K
NOI $38,223 @ 7.0% cap · market cap 8.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,302
Businesses Nearby
Explore this area
Business Placement
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - The two-unit residential property includes central air and gas-fired hot water.
Where is this duplex located?
The property is located at 2110 Strahle St Philadelphia, PA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1956; Central air conditioning and hot water supplied by natural gas; Partially finished basement with exterior entry
