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Corner Duplex
For Sale
$400,000

2326 S 12TH Street S, Philadelphia, PA 19148

Multi-Family, PHILADELPHIA, PA

Property Size1,856 SF
Lot Size0.02 Acres
Price / SF$215.52
Days on Market55

Property Features for 2326 S 12TH Street S

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Interior features 2nd Kitchen, Additional Stairway, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Living
Appliances Built-In Microwave, Built-In Range, Dishwasher, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, WaterHeater, Water Heater - Tankless
Subdivision LOWER MOYAMENSING
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,856 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 5968

Utilities

Heating system Central, Zoned, Natural Gas, Heat Pump (Heating)
Cooling system Multi Units, Ductless, Central Air

Building Details

Year built 1925
Number of units 2
Building materials Brick, Copper Plumbing, CPVC/PVC, Masonry, Mixed Plumbing, Stucco
Architectural style Colonial
Buildings 1
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Donna A Young · License #AB065551
Added: Sep 6 Changed: Oct 26 Last Checked: Oct 30 at 5:06PM
MLS# PAPH2667882

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.

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Investment Insights

Based on property information with market context.

This 1,856-square-foot brick duplex, built in 1925, contains two separate residences. The first-floor apartment has an open living, dining, and kitchen arrangement, two bedrooms, a walk-in closet, and access to an unfinished basement with washer and dryer hookups. Its rear door opens to a walled garden. The upper apartment has one bedroom, a separate entrance, an eat-in kitchen, and a rounded living room with oversized windows. Both units have their own heating, cooling, and electric service; the second-floor residence also has newer windows.

The property is served by a SEPTA bus route and is near Broad Street and subway service. Philadelphia International Airport is approximately 7 miles away.

Key Highlights

  • Two‑unit duplex with 1,856 square feet of interior space
  • Built in 1925
  • 0.0246‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,672
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,440 $633.4K
Cap Rate 7%
$452,457 $452.5K
Cap Rate 9%
$351,911 $351.9K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$47.9K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.2K $24.38/SF
− OpEx
−$13.6K −$7.31/SF
NOI
$31.7K $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%
$633,440
Cap Rate 7%
$452,457
Cap Rate 9%
$351,911

Alternative Uses

Best Use
Multifamily LT 5
$452.5K
$395.9K – $527.9K (±1% cap)
NOI $31,672 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$417.1K
$364.9K – $486.6K (±1% cap)
NOI $29,194 @ 7.0% cap · market cap 7.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,688
Businesses Nearby

Demographics for 19148, PA

53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences have independent heating, cooling, and electric service, with outdoor garden space and basement access.
Where is this duplex located?
The property is located at 2326 S 12TH Street S Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,856 square feet of interior space; Built in 1925; 0.0246‑acre lot
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Includes: Price & PSF · Cap rate · Location · Zoning

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