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Brick Duplex with Roof Deck
For Sale
$640,000

2542 W GIRARD Avenue, Philadelphia, PA 19130

Multi-Family, PHILADELPHIA, PA

Property Size2,176 SF
Lot Size0.03 Acres
Price / SF$294.12
Days on Market659

Property Features for 2542 W GIRARD Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,176 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 9527

Utilities

Heating system Central
Cooling system Central Air

Amenities

roof deck

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Access · RE/MAX International
Listed By: Christopher Thude · License #RS289256
Added: Jan 11, 2025 Changed: Aug 25 Last Checked: Nov 1 at 1:06AM
MLS# PAPH2434434

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 masonry duplex at 2542 W Girard Avenue was built in 1915 and contains 2,176 square feet. The upper residence offers three bedrooms, a generously sized kitchen, and access to an expansive roof deck with skyline views. The lower residence provides two bedrooms, a living area, and a separate practical kitchen, creating distinct layouts within the building.

Central heating and central air conditioning serve the property. The Philadelphia location is identified by ZIP Code 19130, and the compact parcel measures 0.0286 acres. The two-unit configuration supports separate residential occupancy within a classic brick row-building format.

Key Highlights

  • 2,176‑square‑foot masonry duplex
  • Upper unit with 3 bedrooms and expansive roof deck
  • Lower unit with 2‑bedroom layout

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 (±1% cap)
NOI $37,133 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$489.0K
$427.8K – $570.5K (±1% cap)
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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,765
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include a three-bedroom upper layout and a two-bedroom lower apartment.
Where is this duplex located?
The property is located at 2542 W GIRARD Avenue 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: 2,176‑square‑foot masonry duplex; Upper unit with 3 bedrooms and expansive roof deck; Lower unit with 2‑bedroom layout
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