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Brick Duplex Near Subway
For Sale
$432,000

2119 S 13TH, Philadelphia, PA 19148

Multi-Family, PHILADELPHIA, PA

Property Size1,560 SF
Lot Size0.04 Acres
Price / SF$276.92
Days on Market66

Property Features for 2119 S 13TH

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision PHILADELPHIA (SOUTH)
Elementary school JENKS ABRAM
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,560 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4959

Utilities

Heating system Other (Heating)

Amenities

in-unit washer/dryer
rear grassy yard
private deck
basement access for laundry and storage

Building Details

Year built 1911
Number of units 2
Building materials Brick
Listing Agency: Elfant Wissahickon Realtors
Listed By: Christian Fegel · License #RS338850
Added: Aug 18 Changed: Oct 6 Last Checked: Oct 22 at 2:06AM
MLS# PAPH2660002

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 1,560-square-foot brick duplex, built in 1911, contains two separate residences on a 0.0367-acre lot. The ground-floor apartment offers one bedroom, a broad living and dining area, an efficient kitchen with pass-through, in-unit laundry, and access to a rear grassy yard. Upstairs, the two-bedroom unit includes an eat-in kitchen, oak built-in 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. Each residence has separate gas and electric metering. One unit is vacant, while the second is occupied under a lease ending 9/1/2027. Major improvements include a roof replaced in 2018 and boilers installed in 2020.

Key Highlights

  • 1,560‑square‑foot brick duplex on a 0.0367‑acre lot
  • Two‑unit layout with a ground‑floor 1BR and second‑floor 2BR
  • Separate gas and electric meters for each residence

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 (±1% cap)
NOI $26,621 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$350.5K
$306.7K – $409.0K (±1% cap)
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. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,935
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Brick two-unit property with separate utility metering, updated major systems, and a location one block from Broad Street subway service.
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: 1,560‑square‑foot brick duplex on a 0.0367‑acre lot; Two‑unit layout with a ground‑floor 1BR and second‑floor 2BR; Separate gas and electric meters for each residence
More about this property
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