Two-Unit Duplex With Private
New
For Sale
$475,000
2261 STRAHLE Street, Philadelphia, PA 19152
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,460 SF
Lot Size0.07 Acres
Price / SF$193.09
Days on Market6
Property Features for 2261 STRAHLE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
Subdivision
BELLS CORNER
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,460 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5642
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1956
Number of units
2
Building materials
Masonry
Listing Agency:
Elite Realty Group Unl. Inc. · RE/MAX International
(215) 328-4800
Listed By:
Gene Fish · License #AB065992
(215) 962-0880
Added: Jul 25
Last Checked: Jul 30 at 8:06PM
MLS# PAPH2651872
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.
Investment Insights
Based on property information with market context.
2261 Strahle Street is a well-maintained duplex featuring two separate units with private entrances. The first-floor unit provides single-level living with two bedrooms and an open-concept living and dining area, with an adjacent kitchen. The second-floor unit offers three bedrooms and two full bathrooms. Both units share a convenient laundry area, and each has access to a rear exit that leads to a private two-car driveway. Separate utilities are already in place.
The property is located in Philadelphia’s Bells Corner neighborhood (Northeast Philadelphia), and it backs to open space. Based on the seller-provided estimates, monthly rental income is projected at $1,600–$1,800 for the first-floor unit and $1,700–$2,000 for the second-floor unit.
This layout supports flexible occupancy, with a two-unit configuration designed to accommodate tenants while allowing an owner-occupant option.
The property is located in Philadelphia’s Bells Corner neighborhood (Northeast Philadelphia), and it backs to open space. Based on the seller-provided estimates, monthly rental income is projected at $1,600–$1,800 for the first-floor unit and $1,700–$2,000 for the second-floor unit.
This layout supports flexible occupancy, with a two-unit configuration designed to accommodate tenants while allowing an owner-occupant option.
Key Highlights
- Duplex built in 1956 with masonry construction, central air, and forced‑air heating
- Approximately 2,460 SF total with 2 separate units, each with its own private entrance
- First‑floor unit: 2 bedrooms with a single‑level layout and no stairs
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 | $63.5k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $60.0k | $24.38 |
| − OpEx | −$18.0k | −$7.31 |
| NOI | $42.0k | $17.06 |
2,460 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$599.7K
$524.8K – $699.7K
NOI $41,980 @ 7.0% cap · market cap 8.84%
Second Best
Apartment 5plus
$552.8K
$483.7K – $644.9K
NOI $38,695 @ 7.0% cap · market cap 8.15%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,466
Businesses Nearby
Explore this area
Business Placement
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two separate units, private entrances, shared laundry area, and access to a private two-car driveway.
Where is this duplex located?
The property is located at 2261 STRAHLE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex built in 1956 with masonry construction, central air, and forced‑air heating; Approximately 2,460 SF total with 2 separate units, each with its own private entrance; First‑floor unit: 2 bedrooms with a single‑level layout and no stairs
