Condominium Duplex with
New
For Sale
$345,000
2727-34 AB RHAWN Street, Philadelphia, PA 19152
Multi-Family, PHILADELPHIA, PA
Property Size1,678 SF
Price / SF$205.60
Days on Market4
Property Features for 2727-34 AB RHAWN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Parking Lot
Subdivision
RHAWNHURST
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,678 SF
Taxes and HOA fees
Tax Annual Amount
3531
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
in-unit laundry area
private patio
Building Details
Year built
1970
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
RE/MAX 2000 · RE/MAX International
(215) 698-2000
Listed By:
Carlos Cesar · License #AB067071
(215) 698-3987
Added: Sep 1
Last Checked: Sep 4 at 9:06PM
MLS# PAPH2656046
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.
Investment Insights
Based on property information with market context.
This 1,678-square-foot condominium duplex, built in 1970, offers two bedrooms and one bathroom across a functional residential layout. The home includes an open living and dining area, an updated kitchen with substantial cabinet and work space, an in-unit laundry area, and a private patio. Abundant natural light and masonry construction add to the property’s practical appeal.
Heating is provided by forced air, with central air conditioning for cooling. Parking is available in a shared lot. The property is located at 2727-34 AB Rhawn Street in Philadelphia, near shopping, restaurants, public transportation, and parks. Route 1 and I-95 provide access to Center City Philadelphia and surrounding suburbs.
Heating is provided by forced air, with central air conditioning for cooling. Parking is available in a shared lot. The property is located at 2727-34 AB Rhawn Street in Philadelphia, near shopping, restaurants, public transportation, and parks. Route 1 and I-95 provide access to Center City Philadelphia and surrounding suburbs.
Key Highlights
- 1,678‑square‑foot condominium duplex with two bedrooms and one bathroom
- Private patio, in‑unit laundry area, and open living and dining space
- Updated kitchen with ample cabinetry and workspace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,635
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$572,700
$572.7K
Cap Rate 7%
$409,071
$409.1K
Cap Rate 9%
$318,167
$318.2K
Market Conditions
NOI Build-Up for 1,678 SF
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.
Gross rent
$43.3K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$40.9K $24.38/SF
− OpEx
−$12.3K −$7.31/SF
NOI
$28.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$572,700
Cap Rate 7%
$409,071
Cap Rate 9%
$318,167
Alternative Uses
Best Use
Multifamily LT 5
$409.1K
$357.9K – $477.3K
NOI $28,635 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$377.1K
$329.9K – $439.9K
NOI $26,394 @ 7.0% cap · market cap 7.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
Explore this area
Business Placement
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Masonry construction with central air, forced-air heat, in-unit laundry, and parking lot access.
Where is this duplex located?
The property is located at 2727-34 AB RHAWN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,678‑square‑foot condominium duplex with two bedrooms and one bathroom; Private patio, in‑unit laundry area, and open living and dining space; Updated kitchen with ample cabinetry and workspace
