Brick Duplex with Private
For Sale
$389,000
2533 S 13TH STREET, Philadelphia, PA 19148
Two spacious residences provide separate utilities, central air, and flexible owner-occupant or rental use.
Property Size1,462 SF
Days on Market58
Property Features for 2533 S 13TH STREET
General Information
Standard status
Active
Size
1,462 SF
Property subtype
Duplex
Site & Location
Neighborhood
Lower Moyamensing
Public Transit
Yes
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,617
Amenities
central air
private laundry
hardwood floors
updated kitchen
Building Details
Building Size
1,462 SF
Year Built
1920
Buildings
1
Construction
brick
Listing Agency:
KW Empower
Listed By:
Tyler Hopp · License #RS331973
(267) 475-5862
Source:
Patmckennarealtors
Added: Sep 9
Changed: Nov 1
Last Checked: Nov 4 at 9:47PM
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 KW Empower
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Investment Insights
Based on property information with market context.
Constructed in 1920, this brick duplex contains two 2-bedroom residences with separate utilities and central air service. The first-floor home has been remodeled with hardwood flooring, an updated eat-in kitchen with granite counters and newer appliances, a tiled bathroom, private laundry, and access to a rear courtyard. Its lower level adds a family room or den along with storage. The upper residence includes a large living room, eat-in kitchen, in-unit washer and dryer, two bedrooms, and a ceramic tile bathroom. Newer windows serve the property, and each unit maintains its own laundry setup.
The property is located in Philadelphia’s Lower Moyamensing neighborhood, near schools, shopping, restaurants, neighborhood services, and public transportation. East Passyunk Avenue, Broad Street, major roadways, and Center City are also identified as nearby access points. The configuration supports either owner occupancy with a second residence or operation as a two-unit rental property.
The property is located in Philadelphia’s Lower Moyamensing neighborhood, near schools, shopping, restaurants, neighborhood services, and public transportation. East Passyunk Avenue, Broad Street, major roadways, and Center City are also identified as nearby access points. The configuration supports either owner occupancy with a second residence or operation as a two-unit rental property.
Key Highlights
- Two 2‑bedroom units in a brick duplex
- Built in 1920 with newer windows throughout
- Separate utilities and central air in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,949
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,980
$499.0K
Cap Rate 7%
$356,414
$356.4K
Cap Rate 9%
$277,211
$277.2K
Market Conditions
NOI Build-Up for 1,462 SF
Gross rent
$37.7K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$35.6K $24.38/SF
− OpEx
−$10.7K −$7.31/SF
NOI
$24.9K $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%
$498,980
Cap Rate 7%
$356,414
Cap Rate 9%
$277,211
Alternative Uses
Best Use
Multifamily LT 5
$356.4K
$311.9K – $415.8K
NOI $24,949 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$328.5K
$287.5K – $383.3K
NOI $22,997 @ 7.0% cap · market cap 5.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,215
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 spacious residences provide separate utilities, central air, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 2533 S 13TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two 2‑bedroom units in a brick duplex; Built in 1920 with newer windows throughout; Separate utilities and central air in both residences
