Bi-Level
For Sale
$385,000
2209 N NATRONA STREET, Philadelphia, PA 19132
Two residences occupy distinct floor groupings, with a full-bath primary suite on the upper level.
Property Size1,960 SF
Days on Market13
Property Features for 2209 N NATRONA STREET
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
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:
Patmckennarealtors
Added: Sep 28
Changed: Oct 10
Last Checked: Oct 10 at 2:47AM
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 Philadelphia duplex contains two multi-level residences. The lower unit spans the first floor and basement, while the other occupies the second and third floors. A primary bedroom suite with a full bathroom is located on the third floor.
At 2209 N Natrona Street, the property adjoins Fairmount Park and is near public transportation, major roads, and expressway access. The Philadelphia Zoo, Kelly Drive, and recreational trails are among the nearby destinations.
At 2209 N Natrona Street, the property adjoins Fairmount Park and is near public transportation, major roads, and expressway access. The Philadelphia Zoo, Kelly Drive, and recreational trails are among the nearby destinations.
Key Highlights
- Two‑unit duplex built in 1915
- First residence spans the first floor and basement
- Second residence 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
Lease Details
2
Residential units
Yes
Highway access
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
Check the figures for this property
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 distinct floor groupings, with a full-bath primary suite on the upper level.
Where is this duplex located?
The property is located at 2209 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‑unit duplex built in 1915; First residence spans the first floor and basement; Second residence occupies the second and third floors
