Philadelphia Duplex with
2311 RHAWN Street Philadelphia, PA 19152
For Sale
Under Contract
$339,950
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,600 SF
Lot Size0.06 Acres
Price / SF$212.47
Days on Market125
Property Features for 2311 RHAWN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage - Detached, On Street
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 13
Last Checked: Jul 30 at 2:06AM
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, located in Philadelphia, PA 19152, offers an opportunity for income and versatile use. The property features two units, each with a 1-bedroom, 1-bath layout and central air and heat. The property includes a full basement with an unfinished bathroom, presenting value-add potential. A detached two-car garage, currently used for storage, can be converted back to parking. The lot size is 0.0621 acres and the property size is 1600 square feet.
Key Highlights
- Duplex offers strong income potential and versatile use.
- Each unit has 1 bedroom and 1 bathroom with central air and heat.
- Opportunity for owner‑occupancy and house hacking.
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex in 19152 with income potential.
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: Duplex offers strong income potential and versatile use.; Each unit has 1 bedroom and 1 bathroom with central air and heat.; Opportunity for owner‑occupancy and house hacking.
