Corner Duplex with
For Sale
$275,000
2601 S MARSHALL STREET, Philadelphia, PA 19148
Two separate apartments include updated finishes, central A/C, and shared laundry facilities.
Property Size1,280 SF
Price / SF$214.84
Days on Market57
Property Features for 2601 S MARSHALL STREET
General Information
Standard status
Active
Size
1,280 SF
Total Parking Spaces
1
Property subtype
Duplex
Site & Location
Neighborhood
Lower Moyamensing
Highway Access
Yes
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Amenities
shared laundry room
central A/C
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Rachel Street · License #RS321058
(267) 357-1334
Source:
Cummingsrealtors
Added: Sep 4
Changed: Oct 29
Last Checked: Oct 30 at 4:31PM
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 Compass Pennsylvania, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This legal duplex contains two one-bedroom apartments, each with a full bathroom and a separate entrance. The first-floor residence has a ground-level entry, renovated kitchen and bath, tile flooring, and a vacant condition. Upstairs, the second-floor apartment offers central A/C, an open living, dining, and kitchen layout, hardwood and ceramic tile flooring, a large bedroom, and an elevated patio above the garage. The building also includes a shared first-level laundry room and separate utilities.
A 1-car garage provides additional property functionality, while the building’s South Philadelphia location offers access to major highways and shopping centers. Built in 1925, the property presents a two-unit residential configuration with distinct living spaces and supporting features.
A 1-car garage provides additional property functionality, while the building’s South Philadelphia location offers access to major highways and shopping centers. Built in 1925, the property presents a two-unit residential configuration with distinct living spaces and supporting features.
Key Highlights
- Legal duplex with two 1‑bedroom apartments
- First‑floor unit renovated with a new Shaker‑style kitchen, updated bath, and tile floors
- Second‑floor apartment includes central A/C, hardwood floors, and an elevated patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,843
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,860
$436.9K
Cap Rate 7%
$312,043
$312.0K
Cap Rate 9%
$242,700
$242.7K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$33.0K $25.80/SF
− Vacancy
−$1.8K −$1.42/SF
EGI
$31.2K $24.38/SF
− OpEx
−$9.4K −$7.31/SF
NOI
$21.8K $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%
$436,860
Cap Rate 7%
$312,043
Cap Rate 9%
$242,700
Alternative Uses
Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.1K
NOI $21,843 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K
NOI $20,134 @ 7.0% cap · market cap 7.32%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,272
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments include updated finishes, central A/C, and shared laundry facilities.
Where is this duplex located?
The property is located at 2601 S MARSHALL STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Legal duplex with two 1‑bedroom apartments; First‑floor unit renovated with a new Shaker‑style kitchen, updated bath, and tile floors; Second‑floor apartment includes central A/C, hardwood floors, and an elevated patio
