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Masonry Duplex with Two Units
For Sale
$333,900

2255 E CLEARFIELD Street, Philadelphia, PA 19134

Multi-Family, PHILADELPHIA, PA

Property Size1,440 SF
Lot Size0.03 Acres
Price / SF$231.88
Days on Market200

Property Features for 2255 E CLEARFIELD Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Subdivision PORT RICHMOND
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,440 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 1545

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1965
Number of units 1
Building materials Masonry
Architectural style Other
Listing Agency: Equity Mid Atlantic Real Estate LLC
Listed By: Kathryn Blessington · License #RS325441
Added: Apr 6 Changed: Oct 8 Last Checked: Oct 22 at 9:06AM
MLS# PAPH2603654

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,440-square-foot masonry duplex contains two separate residential units. The first-floor layout includes a living and dining area, tiled kitchen with wood cabinetry and an electric stove, one bedroom, and a tiled bathroom. The upper unit provides its own entrance, living and dining space, kitchen, tiled hall bath, and two rear bedrooms. Hardwood floors and high ceilings appear in both residences, while central heating and central air serve the property.

The building was constructed in 1965 and sits on a 0.0331-acre lot at 2255 E Clearfield Street in Philadelphia. On-street parking is available. Both units are currently occupied under month-to-month tenancies, and showings require 48 hours’ notice through the listing agent.

Key Highlights

  • Two‑unit duplex with 1,440 square feet of building area
  • First‑floor one‑bedroom unit and second‑floor two‑bedroom unit
  • Separate entrances for each residence, including access from the rear patio

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 (±1% cap)
NOI $24,573 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$323.6K
$283.1K – $377.5K (±1% cap)
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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with separate entrances, hardwood flooring, central systems, and a private rear patio.
Where is this duplex located?
The property is located at 2255 E CLEARFIELD Street 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‑unit duplex with 1,440 square feet of building area; First‑floor one‑bedroom unit and second‑floor two‑bedroom unit; Separate entrances for each residence, including access from the rear patio
More about this property
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