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Well-Maintained Mayfair Duplex with Updates
For Sale
$395,000

2711 Unruh Avenue, Philadelphia, PA 19149

Updated duplex in prime location with separate entrances and utilities.

Property Size1,728 SF
Price / SF$228.59
Days on Market328

Property Features for 2711 Unruh Avenue

General Information

Standard status Active
Size 1,728 SF
Property subtype Multi-Family / Fee Simple

Building Details

Year Built 1940
Listing Agency: BHHS Fox & Roach-Southampton
Listed By: Victor Corsino · License #RS276539
Source: Compass
Added: Sep 6, 2025 Changed: Jul 10 Last Checked: Jul 30 at 12:03PM

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 BHHS Fox & Roach-Southampton

Investment Insights

Based on property information with market context.

This well-maintained duplex is located in the Mayfair neighborhood. Each floor has its own private entrance and secure basement access. Both units feature hardwood floors, living rooms, kitchens, and bedrooms, along with wall and window A/C units. The end-unit location provides extra side windows that allow natural light. The basement includes private storage units and dedicated washer and dryer for each apartment. Recent updates include two new hot water heaters, two new gas heaters, and a roof that has been inspected, certified, and repaired. All utilities are separately metered, including water, electric, and natural gas. There is also a garage rented separately for extra income, plus a side door to the basement for easy access. The property is located across from a supermarket and bank, and near shopping, dining, and entertainment. Both current leases are month-to-month with long-term tenants. The basement was recently refreshed with new concrete work, fresh paint, and updated lighting. The property size is 1728 square feet. Transportation is available via a bus stop less than 1 mile away.

Key Highlights

  • Turnkey duplex with recent updates to major systems offering peace of mind.
  • Prime location in Mayfair, across from supermarket and bank, with easy access to shopping, dining, and entertainment.
  • Two units with private entrances, secure basement access, and separately metered utilities, ideal for privacy.

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.3k $21.00
− Vacancy −$1.1k −$0.66
EGI $35.2k $20.34
− OpEx −$10.5k −$6.10
NOI $24.6k $14.24
1,728 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%

Alternative Uses

Best Use
Apartment 5plus
$3.31M
$2.89M – $3.86M (±1% cap)
NOI $231,597 @ 7.0% cap · market cap 58.63%
Second Best
Multifamily LT 5
$351.5K
$307.6K – $410.1K (±1% cap)
NOI $24,607 @ 7.0% cap · market cap 6.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Skin Care Clinic Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,439
Businesses Nearby

Demographics for 19149, PA

60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex in prime location with separate entrances and utilities.
Where is this duplex located?
The property is located at 2711 Unruh Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Turnkey duplex with recent updates to major systems offering peace of mind.; Prime location in Mayfair, across from supermarket and bank, with easy access to shopping, dining, and entertainment.; Two units with private entrances, secure basement access, and separately metered utilities, ideal for privacy.
More about this property
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