Duplex with Private Roof
For Sale
$385,000
2207 N NATRONA STREET, Philadelphia, PA 19132
Two residences occupy separate lower and upper levels, with a private outdoor area above.
Property Size1,960 SF
Days on Market13
Property Features for 2207 N NATRONA STREET
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$4,035
Building Details
Building Size
1,960 SF
Year Built
1915
Listing Agency:
Realty ONE Group Focus
Listed By:
Alexis M Miles · License #RS321407
(267) 968-4048
Source:
Lizclarkrealestate
Added: Sep 28
Changed: Oct 3
Last Checked: Oct 10 at 2:07AM
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 Realty ONE Group Focus
Investment Insights
Based on property information with market context.
Built in 1915, this duplex contains two multi-level residences. The lower unit spans the first floor and basement, while the upper residence occupies the second and third floors. Its third-floor primary bedroom has a full bathroom and wet bar, with access to a private roof deck.
The property is adjacent to Fairmount Park and near public transportation. The Philadelphia Zoo, Kelly Drive, recreational trails, and green spaces are among the nearby destinations. Major roadways and expressway access are also close by.
The property is adjacent to Fairmount Park and near public transportation. The Philadelphia Zoo, Kelly Drive, recreational trails, and green spaces are among the nearby destinations. Major roadways and expressway access are also close by.
Key Highlights
- Two residences with multi‑level layouts
- Lower unit spans the first floor and basement
- Upper unit occupies the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,447
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,940
$668.9K
Cap Rate 7%
$477,814
$477.8K
Cap Rate 9%
$371,633
$371.6K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$50.6K $25.80/SF
− Vacancy
−$2.8K −$1.42/SF
EGI
$47.8K $24.38/SF
− OpEx
−$14.3K −$7.31/SF
NOI
$33.4K $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%
$668,940
Cap Rate 7%
$477,814
Cap Rate 9%
$371,633
Alternative Uses
Best Use
Multifamily LT 5
$477.8K
$418.1K – $557.5K
NOI $33,447 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$440.4K
$385.4K – $513.8K
NOI $30,830 @ 7.0% cap · market cap 8.01%
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
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
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 - Two residences occupy separate lower and upper levels, with a private outdoor area above.
Where is this duplex located?
The property is located at 2207 N NATRONA STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two residences with multi‑level layouts; Lower unit spans the first floor and basement; Upper unit occupies the second and third floors
