Renovated Duplex with In-Unit
For Sale
$399,900
2520 S ISEMINGER Street, Philadelphia, PA 19148
Multi-Family, PHILADELPHIA, PA
Property Size1,400 SF
Lot Size0.02 Acres
Price / SF$285.64
Days on Market107
Property Features for 2520 S ISEMINGER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Appliances
Oven/Range - Gas, Refrigerator, Exhaust Fan, Washer, Washer/Dryer Stacked, Dryer
Subdivision
PHILADELPHIA (SOUTH)
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
1,400 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
4090
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
in-unit laundry
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Michael Scipione · License #RS324251
(215) 768-7533
Added: Jul 8
Changed: Aug 27
Last Checked: Oct 22 at 2:06AM
MLS# PAPH2638116
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 duplex contains two one-bedroom residences within a 1,400-square-foot masonry building constructed in 1920. The property was fully gut-renovated and includes hardwood flooring, updated kitchens and bathrooms, spacious living and sleeping areas, and laundry within each unit. Separate entrances support distinct residential access, while individually metered utilities simplify day-to-day management. Heating is provided by forced air, with central air conditioning throughout.
The 0.0174-acre property occupies a corner lot at 2520 S. Iseminger Street in Philadelphia’s South Philadelphia area, near Broad Street. Both residences are currently tenant-occupied. On-street parking is available, and the building includes a basement.
The 0.0174-acre property occupies a corner lot at 2520 S. Iseminger Street in Philadelphia’s South Philadelphia area, near Broad Street. Both residences are currently tenant-occupied. On-street parking is available, and the building includes a basement.
Key Highlights
- Two one‑bedroom units, both currently tenant‑occupied
- 1,400 square feet on a 0.0174‑acre corner lot
- Fully gut‑renovated masonry duplex constructed in 1920
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,504
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 feature private entrances and separately metered utilities.
Where is this duplex located?
The property is located at 2520 S ISEMINGER Street 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 one‑bedroom units, both currently tenant‑occupied; 1,400 square feet on a 0.0174‑acre corner lot; Fully gut‑renovated masonry duplex constructed in 1920
