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Renovated Duplex With Two Units

238 East Queen Lane, Philadelphia, PA 19144

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For Sale

$330,000

Turn-key duplex with updated interiors, offering rental income and flexible owner-occupant or investor use.

Type:Multi-Family / Fee Simple

Property size:

1,224 SF

Price / SF:

$269/SF

HighLights

Fully renovated duplex at 238 E Queen Lane (built 1930) with a tenant in place on the first floor
First‑floor unit: 2 bedrooms, 1 full bathroom, finished basement, and access to the rear yard; tenant rent is $1,650/month
Second‑floor unit: 1 bedroom and 1 full bathroom with updated finishes; vacant and ready for a new tenant or owner‑occupant
Recent updates include new appliances and updated mechanical systems
Located in the Wister section of Germantown with convenient access to public transportation, shopping, parks, and major roadways

We can help!

Listing Contact

Anthony A Lee

Learn more

For Sale

$330,000

Turn-key duplex with updated interiors, offering rental income and flexible owner-occupant or investor use.

Type:Multi-Family / Fee Simple

Property size:

1,224 SF

Price / SF:

$269/SF

Added:: May 23, 2026
Days on Market:: 22
Last Refresh:: Jun 6 at 1:53 am

Property Features for 238 East Queen Lane

General Information

Standard status: Active
Size: 1,224 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1930

We can help!

Listing Contact

Anthony A Lee

Listing agent Anthony A Lee License #RS322285

Listing office Realty ONE Group Focus

Listing date May 23, 2026

Source Compass

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 Realty ONE Group Focus

HighLights

Fully renovated duplex at 238 E Queen Lane (built 1930) with a tenant in place on the first floor
First‑floor unit: 2 bedrooms, 1 full bathroom, finished basement, and access to the rear yard; tenant rent is $1,650/month
Second‑floor unit: 1 bedroom and 1 full bathroom with updated finishes; vacant and ready for a new tenant or owner‑occupant
Recent updates include new appliances and updated mechanical systems
Located in the Wister section of Germantown with convenient access to public transportation, shopping, parks, and major roadways

Overview

238 East Queen Lane is a fully renovated duplex configured as two separate residential units. The first-floor unit includes 2 bedrooms, 1 full bathroom, a finished basement for additional living space, and access to the rear yard, and is currently occupied. The second-floor unit has been completely renovated and is vacant, with a 1-bedroom, 1 full-bath layout and updated finishes throughout. Recent improvements include new appliances and updated mechanical systems.

The property is located in the Wister section of Germantown in Philadelphia, in Philadelphia County. It offers convenient access to public transportation, shopping, parks, and major roadways.

This setup can suit a range of buyers, including investors looking for immediate rental income from the occupied first-floor unit and additional occupancy flexibility with the vacant second-floor unit. It may also appeal to owner-occupants interested in living in one unit while generating rental income from the other. The extensive renovation and updated systems are intended to support a low-maintenance, turn-key ownership experience.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$31.6k	$25.80
− Vacancy	−$1.7k	−$1.42
EGI	$29.8k	$24.38
− OpEx	−$9.0k	−$7.31
NOI	$20.9k	$17.06

1,224 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$298.4K

$261.1K – $348.1K (±1% cap)

NOI $20,887 @ 7.0% cap · market cap 6.33%

Second Best

Apartment 5plus

$275.0K

$240.7K – $320.9K (±1% cap)

NOI $19,253 @ 7.0% cap · market cap 5.83%

Theoretical Best

—

same as Best Use

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

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.16535
Latitude: 40.034794

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For sale
Duplexes
PA
Philadelphia
19144
238 East Queen Lane

What type of property is this?

Duplex - Turn-key duplex with updated interiors, offering rental income and flexible owner-occupant or investor use.

Where is this duplex located?

The property is located at 238 East Queen Lane Philadelphia, PA.

What is the asking price?

The asking price for this property is $330,000.

What are key features of this property?

This property features: Fully renovated duplex at 238 E Queen Lane (built 1930) with a tenant in place on the first floor; First‑floor unit: 2 bedrooms, 1 full bathroom, finished basement, and access to the rear yard; tenant rent is $1,650/month; Second‑floor unit: 1 bedroom and 1 full bathroom with updated finishes; vacant and ready for a new tenant or owner‑occupant