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    South Philadelphia Duplex Investment Opportunity Title is generated by Realmo AI

    2222 Snyder Avenue, Philadelphia, PA 19145

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    Claim this Listing
    For Sale
    $275,000

    Income-producing duplex in South Philadelphia, close to transportation and amenities.

    Type:Multi-Family / Fee Simple
    Property size:
    994 SF
    Price / SF:
    $276/SF
    Added:
    May 12, 2026
    Days on Market:
    33
    Last Refresh:
    May 15 at 10:38 pm

    Property Features for 2222 Snyder Avenue

    General Information

    Standard status
    Active
    Size
    994 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1931

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    Listing Contact
    Nadeen Hodge
    Nadeen Hodge

    Listing agent Nadeen Hodge License #AB067612

    Listing office BHHS Fox & Roach The Harper at Rittenhouse Square

    Listing date May 12, 2026

    Source Compass

    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 BHHS Fox & Roach The Harper at Rittenhouse Square

    HighLights

    • Income‑producing duplex with long‑term tenants already in place
    • Two spacious 1‑bedroom apartment units with separate utilities
    • Prime location in the heart of South Philadelphia, close to public transportation, Center City, shops, and restaurants
    • Easy access to I‑95, I‑76, and Route 676 for convenient commuting
    • First‑floor unit includes a private rear yard
    • Both units feature laminate hardwood flooring, ample cabinet space, and storage

    Overview

    Located in the heart of South Philadelphia, this duplex presents an opportunity for both first-time buyers and investors. The property features two 1-bedroom apartment units, each with separate utilities and a functional layout. The first-floor apartment includes a living area, kitchen, powder room, a generously sized bedroom, a full bathroom, and access to a private rear yard. The second-floor apartment offers a living area, a full kitchen, a full bathroom, and a nicely sized bedroom. Each unit features laminate hardwood flooring, ample cabinet space, and storage. The property is fully leased with long-term tenants, making it an income-producing investment. The property is close to public transportation, Center City, local shops, and restaurants, with easy access to I-95, I-76, and Route 676. The property size is 994 square feet and is located in MLS Area 19145. The school district is THE SCHOOL DISTRICT OF PHILADELPHIA.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $25.6k $25.80
    − Vacancy −$1.4k −$1.42
    EGI $24.2k $24.38
    − OpEx −$7.3k −$7.31
    NOI $17.0k $17.06
    994 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $242.3K
    $212.0K – $282.7K (±1% cap)
    NOI $16,963 @ 7.0% cap · market cap 6.17%
    Second Best
    Apartment 5plus
    $223.4K
    $195.4K – $260.6K (±1% cap)
    NOI $15,635 @ 7.0% cap · market cap 5.69%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1835162
    Latitude
    39.9259609

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in South Philadelphia, close to transportation and amenities.
    Where is this duplex located?
    The property is located at 2222 Snyder Avenue Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Income‑producing duplex with long‑term tenants already in place; Two spacious 1‑bedroom apartment units with separate utilities; Prime location in the heart of South Philadelphia, close to public transportation, Center City, shops, and restaurants
    More about this property
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