Two-Unit Duplex with Private
For Sale
$333,900
2255 E CLEARFIELD ST, Philadelphia, PA 19134
Tenant-occupied duplex with separate living spaces, hardwood flooring, tiled kitchens and bathrooms, and a rear patio.
Property Size1,440 SF
Price / SF$231.88
Days on Market67
Property Features for 2255 E CLEARFIELD ST
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Kensington
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Equity Mid Atlantic Real Estate LLC
(267) 522-8112
Listed By:
Kathryn Blessington · License #RS325441
(215) 381-7171
Source:
Hostetterrealty
Added: Aug 26
Changed: Oct 25
Last Checked: Oct 30 at 2:32PM
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 Equity Mid Atlantic Real Estate LLC
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Investment Insights
Based on property information with market context.
Built in 1965, this duplex contains two separately accessed residential units. The lower unit includes a private front entry, living and dining areas, hardwood floors, high ceilings, a tiled kitchen with wood cabinetry and an electric stove, one bedroom, and a fully tiled bathroom. The upper unit is reached through a private rear entrance from the large back patio and offers living and dining areas, front-facing windows, hardwood flooring, high ceilings, a kitchen with similar finishes, a tiled hall bathroom, and two rear bedrooms.
The property is currently occupied by tenants on a month-to-month basis. Showings require 48 hours’ notice through the listing agent. The property is located at 2255 E Clearfield Street in Philadelphia, Pennsylvania 19134.
The property is currently occupied by tenants on a month-to-month basis. Showings require 48 hours’ notice through the listing agent. The property is located at 2255 E Clearfield Street in Philadelphia, Pennsylvania 19134.
Key Highlights
- Two residential units with separate private entrances
- First‑floor unit with one bedroom and a fully tiled bathroom
- Second‑floor unit with two bedrooms and a private rear entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,573
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,460
$491.5K
Cap Rate 7%
$351,043
$351.0K
Cap Rate 9%
$273,033
$273.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$37.2K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$35.1K $24.38/SF
− OpEx
−$10.5K −$7.31/SF
NOI
$24.6K $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%
$491,460
Cap Rate 7%
$351,043
Cap Rate 9%
$273,033
Alternative Uses
Best Use
Multifamily LT 5
$351.0K
$307.2K – $409.6K
NOI $24,573 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 6.78%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,454
Businesses Nearby
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Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with separate living spaces, hardwood flooring, tiled kitchens and bathrooms, and a rear patio.
Where is this duplex located?
The property is located at 2255 E CLEARFIELD ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $333,900.
What are key features of this property?
This property features: Two residential units with separate private entrances; First‑floor unit with one bedroom and a fully tiled bathroom; Second‑floor unit with two bedrooms and a private rear entry
