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2222 SNYDER AVENUE, Philadelphia, PA, 19145
Duplex with Two 1-Bed Units

2222 SNYDER AVENUE Philadelphia, PA 19145

For Sale
$275,000

MULTI_FAMILY - PHILADELPHIA, PA

Property Size994 SF
Price / SF$276.66
Days on Market72

Property Features for 2222 SNYDER AVENUE

General Information

Property type
Residential Multi Family
Property subtype
Townhouse
Bedrooms
2
Rooms
Bedroom 2, Bedroom 1
Standard status
Active
Size
994 SF

Building Details

Year built
1931
Listing Agency: BHHS Fox & Roach At the Harper Rittenhouse Square
Listed By: Nadeen Hodge · License #AB067612
Added: May 14 Changed: Jul 23 Last Checked: Jul 24 at 9:06PM
MLS# PAPH2621742

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex at 2222 Snyder Avenue offers two separate 1-bedroom units with distinct utility setups. The first-floor layout includes a bright living area, kitchen, powder room, generously sized bedroom, full bathroom, and access to a private rear yard. The second-floor unit features a comfortable living area, full kitchen, full bathroom, and a nicely sized bedroom. Both apartments include laminate hardwood flooring, ample cabinet space, and storage for tenant convenience.

The property is located in South Philadelphia, with access to public transportation and convenient routes for commuting via I-95, I-76, and Route 676. It is also positioned near Center City and local shops and restaurants.

The duplex is fully leased with long-term tenants, providing established rental income.

Key Highlights

  • 1931‑built duplex with two 1‑bedroom apartment units
  • Each unit has separate utilities and a functional layout
  • First‑floor unit includes living area, kitchen, powder room, full bath, bedroom, plus access to a private rear yard

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Tech Support Center Acupuncture Travel Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Two leased 1-bedroom apartments with separate utilities, laminate flooring, and access to a private rear yard.
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: 1931‑built duplex with two 1‑bedroom apartment units; Each unit has separate utilities and a functional layout; First‑floor unit includes living area, kitchen, powder room, full bath, bedroom, plus access to a private rear yard
More about this property
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