Two-Unit Duplex with Private
For Sale
$432,000
2119 S 13TH, Philadelphia, PA 19148
Well-maintained duplex with separate utilities, basement storage, laundry, and a rear yard.
Property Size1,560 SF
Days on Market68
Property Features for 2119 S 13TH
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Duplex
Site & Location
Neighborhood
East Passyunk Crossing
Public Transit
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,959
Building Details
Building Size
1,560 SF
Year Built
1911
Buildings
1
Listing Agency:
Elfant Wissahickon Realtors
Listed By:
Christian Fegel · License #RS338850
(484) 886-6337
Source:
Patmckennarealtors
Added: Aug 18
Changed: Oct 21
Last Checked: Oct 23 at 3:40PM
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 Realtors
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Investment Insights
Based on property information with market context.
This 1911 duplex contains two separately metered residences with distinct layouts. The first-floor apartment offers one bedroom, a broad living and dining area, an efficient kitchen with a pass-through, in-unit laundry, and access to a rear grassy yard. Upstairs, the two-bedroom unit includes a bright eat-in kitchen, built-in oak wardrobe, private deck, and basement access for laundry and storage.
The property is located at 2119 S 13TH in Philadelphia, one block from the Broad Street subway and within walking distance of neighborhood shopping and eateries. Building improvements include a roof installed in 2018 and boilers replaced in 2020. One residence is vacant, while the second is leased through 9/1/2027.
The property is located at 2119 S 13TH in Philadelphia, one block from the Broad Street subway and within walking distance of neighborhood shopping and eateries. Building improvements include a roof installed in 2018 and boilers replaced in 2020. One residence is vacant, while the second is leased through 9/1/2027.
Key Highlights
- Two‑unit duplex with separate gas and electric meters
- First‑floor 1BR with in‑unit washer/dryer and rear grassy yard
- Second‑floor 2BR with eat‑in kitchen and private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,621
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,420
$532.4K
Cap Rate 7%
$380,300
$380.3K
Cap Rate 9%
$295,789
$295.8K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$40.2K $25.80/SF
− Vacancy
−$2.2K −$1.42/SF
EGI
$38.0K $24.38/SF
− OpEx
−$11.4K −$7.31/SF
NOI
$26.6K $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%
$532,420
Cap Rate 7%
$380,300
Cap Rate 9%
$295,789
Alternative Uses
Best Use
Multifamily LT 5
$380.3K
$332.8K – $443.7K
NOI $26,621 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$350.5K
$306.7K – $409.0K
NOI $24,538 @ 7.0% cap · market cap 5.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,935
Businesses Nearby
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Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
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 - Well-maintained duplex with separate utilities, basement storage, laundry, and a rear yard.
Where is this duplex located?
The property is located at 2119 S 13TH Philadelphia, PA.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: Two‑unit duplex with separate gas and electric meters; First‑floor 1BR with in‑unit washer/dryer and rear grassy yard; Second‑floor 2BR with eat‑in kitchen and private deck
