Brick Row Duplex with Roof
For Sale
$640,000
2542 W GIRARD AVE, Philadelphia, PA 19130
Two-unit brick duplex with a 3-bedroom upper unit, 2-bedroom lower unit, and an expansive roof deck.
Property Size2,176 SF
Price / SF$294.12
Days on Market96
Property Features for 2542 W GIRARD AVE
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Listing Agency:
RE/MAX Access
(215) 400-2600
Listed By:
Christopher Thude · License #RS289256
(215) 817-0261
Source:
Cathyshometeam
Added: Jul 7
Changed: Oct 8
Last Checked: Oct 7 at 12:00PM
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 RE/MAX Access
Investment Insights
Based on property information with market context.
This larger brick row duplex offers two separate residential units. The top unit features a spacious 3-bedroom layout with a generously sized kitchen and three well-proportioned bedrooms. A standout feature of the upper unit is an expansive roof deck, providing outdoor space to relax and enjoy skyline views. The downstairs unit includes a functional 2-bedroom arrangement with comfortable living space and a practical kitchen.
Located at 2542 W Girard Avenue in Philadelphia, the property’s classic brick façade contributes to its residential character.
The building can work well for an owner-occupant seeking rental income while living in the duplex, or for an investor looking for a straightforward two-unit setup. With distinct 3-bedroom and 2-bedroom configurations, the home supports tenant flexibility and accommodates different household needs within the same property.
Located at 2542 W Girard Avenue in Philadelphia, the property’s classic brick façade contributes to its residential character.
The building can work well for an owner-occupant seeking rental income while living in the duplex, or for an investor looking for a straightforward two-unit setup. With distinct 3-bedroom and 2-bedroom configurations, the home supports tenant flexibility and accommodates different household needs within the same property.
Key Highlights
- Two‑unit brick duplex built in 1915 with a 3‑bedroom upper unit and 2‑bedroom lower unit
- Upper unit includes heating (natural gas), central air (yes), natural gas hot water, and 3 bedrooms
- Lower unit features a 2‑bedroom layout with natural gas heating, natural gas hot water, and central air (yes)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,133
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,660
$742.7K
Cap Rate 7%
$530,471
$530.5K
Cap Rate 9%
$412,589
$412.6K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$56.1K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$53.0K $24.38/SF
− OpEx
−$15.9K −$7.31/SF
NOI
$37.1K $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%
$742,660
Cap Rate 7%
$530,471
Cap Rate 9%
$412,589
Alternative Uses
Best Use
Multifamily LT 5
$530.5K
$464.2K – $618.9K
NOI $37,133 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$489.0K
$427.8K – $570.5K
NOI $34,227 @ 7.0% cap · market cap 5.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,765
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit brick duplex with a 3-bedroom upper unit, 2-bedroom lower unit, and an expansive roof deck.
Where is this duplex located?
The property is located at 2542 W GIRARD AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1915 with a 3‑bedroom upper unit and 2‑bedroom lower unit; Upper unit includes heating (natural gas), central air (yes), natural gas hot water, and 3 bedrooms; Lower unit features a 2‑bedroom layout with natural gas heating, natural gas hot water, and central air (yes)
