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Renovated Duplex with Private Yard
For Sale
$343,500

2435 W JEFFERSON Street, Philadelphia, PA 19121

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,692 SF
Lot Size0.02 Acres
Price / SF$203.01
Days on Market175

Property Features for 2435 W JEFFERSON Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,692 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 6556

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Jill F Barbera · License #RS303989
Added: Feb 6 Changed: Jul 30 Last Checked: Jul 31 at 11:06PM
MLS# PAPH2581582

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.

Investment Insights

Based on property information with market context.

This fully renovated, move-in-ready duplex offers two separately metered residential units. A shared front entry leads to Unit 1, a one-bedroom, one-bath residence with in-unit laundry, and direct access to a private rear yard. Unit 2 is arranged over two levels and includes three bedrooms, one full bathroom, and its own in-unit laundry.

The basement provides additional storage and is accessible from the common area. Gas and electric utilities are separately metered, and smoke detectors are hardwired. Both units include stainless steel appliances, high-efficiency heating, and air conditioning.

The property is located at 2435 W Jefferson Street in Philadelphia, PA 19121.

Key Highlights

  • Fully renovated 2‑unit duplex in Brewerytown/Sharswood, built in 1915, with masonry construction
  • Unit 1: spacious 1‑bedroom, 1‑bath with in‑unit laundry and direct access to a private rear yard
  • Unit 2: 2‑level unit with 3 bedrooms, 1 full bath, and in‑unit laundry

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 $43.7k $25.80
− Vacancy −$2.4k −$1.42
EGI $41.2k $24.38
− OpEx −$12.4k −$7.31
NOI $28.9k $17.06
1,692 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$412.5K
$360.9K – $481.2K (±1% cap)
NOI $28,874 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$380.2K
$332.7K – $443.6K (±1% cap)
NOI $26,614 @ 7.0% cap · market cap 7.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Accounting Firm Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,047
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated duplex with one-bedroom and multi-level three-bedroom units, each with in-unit laundry and separate metering.
Where is this duplex located?
The property is located at 2435 W JEFFERSON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $343,500.
What are key features of this property?
This property features: Fully renovated 2‑unit duplex in Brewerytown/Sharswood, built in 1915, with masonry construction; Unit 1: spacious 1‑bedroom, 1‑bath with in‑unit laundry and direct access to a private rear yard; Unit 2: 2‑level unit with 3 bedrooms, 1 full bath, and in‑unit laundry
More about this property
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