Renovated
For Sale
$249,900
2316 SEYBERT, Philadelphia, PA 19121
Two one-bedroom residences provide separate living spaces within a compact residential property.
Property Size1,000 SF
Price / SF$249.90
Days on Market8
Property Features for 2316 SEYBERT
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1925
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Alyssa Vargas · License #RS333544
(610) 322-2759
Source:
Cummingsrealtors
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 20 at 9:16PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This duplex contains two one-bedroom, one-bathroom units, with 1,000 square feet of total property size. Renovations have been completed, and the building dates to 1925.
Located at 2316 Seybert in Philadelphia’s Sharswood neighborhood, the property is configured as two separate residences. The unit mix supports either rental use or owner occupancy with a second unit available for rental income.
Located at 2316 Seybert in Philadelphia’s Sharswood neighborhood, the property is configured as two separate residences. The unit mix supports either rental use or owner occupancy with a second unit available for rental income.
Key Highlights
- Two one‑bedroom, one‑bathroom units
- 1,000 square feet of property size
- Renovated building, constructed in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,065
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,300
$341.3K
Cap Rate 7%
$243,786
$243.8K
Cap Rate 9%
$189,611
$189.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$25.8K $25.80/SF
− Vacancy
−$1.4K −$1.42/SF
EGI
$24.4K $24.38/SF
− OpEx
−$7.3K −$7.31/SF
NOI
$17.1K $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%
$341,300
Cap Rate 7%
$243,786
Cap Rate 9%
$189,611
Alternative Uses
Best Use
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$224.7K
$196.6K – $262.2K
NOI $15,730 @ 7.0% cap · market cap 6.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences provide separate living spaces within a compact residential property.
Where is this duplex located?
The property is located at 2316 SEYBERT Philadelphia, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units; 1,000 square feet of property size; Renovated building, constructed in 1925
