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2314 76th Avenue, Philadelphia, PA, 19150
Immaculate Legal Duplex

2314 76th Avenue Philadelphia, PA 19150

For Sale
$269,900

Impeccably maintained legal duplex featuring two 1-bedroom units, eat-in kitchens, and a shared laundry area in the basement.

Property Size1,354 SF
Price / SF$199.34
Days on Market110

Property Features for 2314 76th Avenue

General Information

Standard status
Active
Size
1,354 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1930
Listing Agency: Elfant Wissahickon Realtors
Listed By: Rachel F Shaw · License #RS338589
Source: Compass
Added: Apr 6 Changed: Jul 23 Last Checked: Jul 23 at 4:43PM

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 Elfant Wissahickon Realtors


Investment Insights

Based on property information with market context.

This impeccably maintained, legal duplex features two spacious 1-bedroom, 1-bath units within a brick building. Both units include warm wood floors, eat-in kitchens, bathtubs in the bathrooms, roomy layouts, multiple closets, ceiling fans, and generous windows for natural light. The basement houses the utilities, provides a storage locker for each unit, and includes a shared washer and dryer. A 2-car garage accessed from the rear includes direct access into the basement and can support either parking or additional storage.

The property is located on a wide street with mature trees and easy parking. It is described as convenient to multiple bus lines and nearby shopping and dining options including Walmart, Aldi’s, HMart, ChickFila, Wendy’s, Chilis, Tropical Smoothie Cafe, Target, and Home Depot.

This turn-key duplex is presented as low-maintenance and currently operating with stable long-term tenants. Rent roll and lead safe certifications are available upon request.

Key Highlights

  • Legal duplex built in 1930 with two 1‑bedroom, 1‑bath units
  • Each unit includes eat‑in kitchens, bathrooms with tub/shower, and warm wood floors
  • Double‑hung windows with screens and ceiling fan(s) in each unit

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 $34.9k $25.80
− Vacancy −$1.9k −$1.42
EGI $33.0k $24.38
− OpEx −$9.9k −$7.31
NOI $23.1k $17.06
1,354 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$330.1K
$288.8K – $385.1K (±1% cap)
NOI $23,106 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$304.3K
$266.2K – $355.0K (±1% cap)
NOI $21,298 @ 7.0% cap · market cap 7.89%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Building Supply Cafe & Coffee Shop Big Box & Wholesale Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Impeccably maintained legal duplex featuring two 1-bedroom units, eat-in kitchens, and a shared laundry area in the basement.
Where is this duplex located?
The property is located at 2314 76th Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Legal duplex built in 1930 with two 1‑bedroom, 1‑bath units; Each unit includes eat‑in kitchens, bathrooms with tub/shower, and warm wood floors; Double‑hung windows with screens and ceiling fan(s) in each unit
More about this property
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