Renovated Duplex with Separate
For Sale
$399,900
2520 S Iseminger St, Philadelphia, PA 19148
Two occupied one-bedroom residences offer updated interiors, private access, and separately metered utilities.
Property Size1,400 SF
Price / SF$285.64
Days on Market70
Property Features for 2520 S Iseminger St
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 1BR
Multifamily Units
2
Amenities
in-unit laundry
Building Details
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Michael Scipione · License #RS324251
(215) 768-7533
Source:
Upgradebymichaud
Added: Aug 14
Changed: Oct 15
Last Checked: Oct 21 at 2:00AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This duplex contains two one-bedroom residences, each with its own entrance and in-unit laundry. Both apartments feature hardwood floors, updated kitchens and bathrooms, and generous living and sleeping areas. The property has been renovated throughout and is currently occupied in both units.
Positioned on a corner lot in South Philadelphia near Broad Street, the property combines a residential setting with convenient access to the surrounding area. Separately metered utilities support distinct unit operations, while the existing tenant occupancy provides an established income-producing configuration.
Positioned on a corner lot in South Philadelphia near Broad Street, the property combines a residential setting with convenient access to the surrounding area. Separately metered utilities support distinct unit operations, while the existing tenant occupancy provides an established income-producing configuration.
Key Highlights
- Two‑unit duplex with both residences currently tenant‑occupied
- Each apartment offers one bedroom, hardwood flooring, modern kitchens, and updated bathrooms
- Separate entrances provide individual access for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,891
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,820
$477.8K
Cap Rate 7%
$341,300
$341.3K
Cap Rate 9%
$265,456
$265.5K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$36.1K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$34.1K $24.38/SF
− OpEx
−$10.2K −$7.31/SF
NOI
$23.9K $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%
$477,820
Cap Rate 7%
$341,300
Cap Rate 9%
$265,456
Alternative Uses
Best Use
Multifamily LT 5
$341.3K
$298.6K – $398.2K
NOI $23,891 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$314.6K
$275.3K – $367.0K
NOI $22,021 @ 7.0% cap · market cap 5.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,504
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied one-bedroom residences offer updated interiors, private access, and separately metered utilities.
Where is this duplex located?
The property is located at 2520 S Iseminger St Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences currently tenant‑occupied; Each apartment offers one bedroom, hardwood flooring, modern kitchens, and updated bathrooms; Separate entrances provide individual access for each residence
