Duplex with Central Air and Detached
For Sale
Under Contract
$339,950
2311 RHAWN Street, Philadelphia, PA 19152
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,600 SF
Lot Size0.06 Acres
Price / SF$212.47
Days on Market129
Property Features for 2311 RHAWN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
On Street, Garage - Detached
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active Under Contract
Size
1,600 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
4972
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Javier Nichols · License #RS338879
(267) 972-2107
Added: Mar 28
Changed: Jul 29
Last Checked: Aug 3 at 5:06AM
MLS# PAPH2599858
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.
This well-maintained duplex offers two spacious units, each with a one-bedroom, one-bath layout. The home has central air and forced-air heat, supporting year-round comfort for tenants or an owner-occupant. A full basement includes an unfinished bathroom, providing value-add potential for future finishing.
The property is constructed with masonry and was built in 1950. Parking is available via on-street spaces and a detached two-car garage that is currently used for storage and can be converted back to parking.
Set up for straightforward duplex living, the layout supports both individual tenancy and multi-generational or house-hack style occupancy, with a total property size of 1,600 square feet and a lot size of 0.0621 acres.
The property is constructed with masonry and was built in 1950. Parking is available via on-street spaces and a detached two-car garage that is currently used for storage and can be converted back to parking.
Set up for straightforward duplex living, the layout supports both individual tenancy and multi-generational or house-hack style occupancy, with a total property size of 1,600 square feet and a lot size of 0.0621 acres.
Key Highlights
- Two one‑bedroom, one‑bath units
- Central air plus forced‑air heat
- Full basement with an unfinished bathroom
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 | $41.3k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $39.0k | $24.38 |
| − OpEx | −$11.7k | −$7.31 |
| NOI | $27.3k | $17.06 |
1,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.1K
$341.3K – $455.1K
NOI $27,304 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$359.5K
$314.6K – $419.5K
NOI $25,167 @ 7.0% cap · market cap 7.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,488
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with central air, forced-air heat, and a detached two-car garage for flexible parking options.
Where is this duplex located?
The property is located at 2311 RHAWN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,950.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath units; Central air plus forced‑air heat; Full basement with an unfinished bathroom
