Recently Rehabbed
2434 Harlan Street Philadelphia, PA 19121
For Sale
$199,900
Recently fully rehabbed duplex with central A/C, stainless appliances, and laundry hook-up; second floor is tenant-occupied.
Property Size836 SF
Price / SF$239.11
Days on Market303
Property Features for 2434 Harlan Street
General Information
- Standard status
- Active
- Size
- 836 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
Lemeshevski Realty Int'l
(267) 800-6234
Listed By:
Andrei Lemeshevski
(267) 800-6234
Source:
Compass
Added: Sep 26, 2025
Changed: Jul 23
Last Checked: Jul 23 at 9:25AM
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 Lemeshevski Realty Int'l
Investment Insights
Based on property information with market context.
This recently fully rehabbed duplex offers two residential units with a mix of modern finishes and brand-new appliances. The kitchen is custom designed with granite countertops, and the units include central A/C and a dishwasher, along with brand new stainless steel appliances. Laundry hook-up is also included. The second floor unit is currently occupied by a tenant, while the first floor unit is bi-level with access to a backyard and is currently vacant.
The property is located in Philadelphia County, within the Philadelphia City School District.
With one occupied unit and one vacant unit, the duplex presents a practical configuration for an owner seeking current rental income alongside a ready-to-rent space.
The property is located in Philadelphia County, within the Philadelphia City School District.
With one occupied unit and one vacant unit, the duplex presents a practical configuration for an owner seeking current rental income alongside a ready-to-rent space.
Key Highlights
- Recently fully rehabbed duplex in Philadelphia with central A/C
- Custom‑designed kitchen with granite countertops and brand new stainless steel appliances
- Dishwasher included and laundry hook‑up available
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 | $21.6k | $25.80 |
| − Vacancy | −$1.2k | −$1.42 |
| EGI | $20.4k | $24.38 |
| − OpEx | −$6.1k | −$7.31 |
| NOI | $14.3k | $17.06 |
836 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$203.8K
$178.3K – $237.8K
NOI $14,266 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$187.9K
$164.4K – $219.2K
NOI $13,150 @ 7.0% cap · market cap 6.58%
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
FAQs
What type of property is this?
Duplex - Recently fully rehabbed duplex with central A/C, stainless appliances, and laundry hook-up; second floor is tenant-occupied.
Where is this duplex located?
The property is located at 2434 Harlan Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Recently fully rehabbed duplex in Philadelphia with central A/C; Custom‑designed kitchen with granite countertops and brand new stainless steel appliances; Dishwasher included and laundry hook‑up available
