Duplex with Separate Unit
2245 North Camac Street Philadelphia, PA 19133
For Sale
$390,000
Duplex offering a 3-bed/1-bath unit with basement laundry and a 5-bed/2-bath unit with flexible layout.
Property Size2,224 SF
Price / SF$175.36
Days on Market434
Property Features for 2245 North Camac Street
General Information
- Standard status
- Active
- Size
- 2,224 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
HomeSmart Realty Advisors
(609) 456-1419
Listed By:
Louise YABA Aka Ezoua · License #RS365023
(609) 456-1419
Source:
Compass
Added: May 18, 2025
Changed: Jul 21
Last Checked: Jul 23 at 10:20AM
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 HomeSmart Realty Advisors
Investment Insights
Based on property information with market context.
This duplex at 2245 North Camac Street features two separate residential units. Unit 1 offers a 3-bedroom, 1-bath layout and includes in-unit laundry located in the basement. Unit 2 is configured as a larger 5-bedroom, 2-bath unit, providing flexible living space.
Tenants are described as month-to-month. The property may be delivered vacant or with tenants, and it is being sold as-is.
Unit configurations include a smaller unit suitable for straightforward owner-occupancy or rental use, along with a larger second unit that could be adapted as needed based on a buyer’s preferences for layout and occupancy. Walking distance to Temple University is noted in the remarks.
Tenants are described as month-to-month. The property may be delivered vacant or with tenants, and it is being sold as-is.
Unit configurations include a smaller unit suitable for straightforward owner-occupancy or rental use, along with a larger second unit that could be adapted as needed based on a buyer’s preferences for layout and occupancy. Walking distance to Temple University is noted in the remarks.
Key Highlights
- Duplex at 2245 N Camac St (North Philadelphia) built in 1915, offered as‑is
- Unit 1: 3 bed/1 bath with in‑unit laundry in the basement
- Unit 2: 5 bed/2 bath with a flexible layout
Financial Insights For Apartment 5plus
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 | $67.5k | $30.36 |
| − Vacancy | −$3.9k | −$1.76 |
| EGI | $63.6k | $28.60 |
| − OpEx | −$28.6k | −$12.87 |
| NOI | $35.0k | $15.73 |
2,224 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$542.2K
$474.4K – $632.5K
NOI $37,952 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$499.7K
$437.3K – $583.0K
NOI $34,982 @ 7.0% cap · market cap 8.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offering a 3-bed/1-bath unit with basement laundry and a 5-bed/2-bath unit with flexible layout.
Where is this duplex located?
The property is located at 2245 North Camac Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Duplex at 2245 N Camac St (North Philadelphia) built in 1915, offered as‑is; Unit 1: 3 bed/1 bath with in‑unit laundry in the basement; Unit 2: 5 bed/2 bath with a flexible layout
