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Two-Unit Duplex with Private Patios
For Sale
$375,000

2727 RHAWN 58AB Street, Philadelphia, PA 19152

Multi-Family, PHILADELPHIA, PA

Property Size1,678 SF
Price / SF$223.48
Days on Market17

Property Features for 2727 RHAWN 58AB Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Parking Lot
Appliances Dishwasher, Washer - Front Loading, Dryer - Front Loading, Refrigerator
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 Central
Cooling system Heat Pump, Central Air

Amenities

in-unit laundry
central air and heat
private patio
dishwasher

Building Details

Year built 1970
Number of units 1
Building materials Masonry
Listing Agency: Homecoin.com
Listed By: Jonathan Minerick · License #B.1003079.CORP
Added: Aug 7 Changed: Aug 19 Last Checked: Aug 23 at 6:06AM
MLS# PAPH2656916

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 duplex, built in 1970, contains two residences with comparable layouts. Each unit includes an open living and dining area, a kitchen with a dishwasher and ample cabinet and counter space, two bedrooms, in-unit laundry, central air and heat, and a private patio accessed through sliding glass doors. The masonry construction is complemented by a parking lot, front-loading washer and dryer sets, and refrigerators.

The property is in Philadelphia’s Rhawnwoods section of Rhawnhurst, with shopping, restaurants, parks, and transit located 0.25 mile from Rhawn and Roosevelt Boulevard. Route 1 and I-95 provide regional access.

Key Highlights

  • Two‑unit duplex totaling 1,678 square feet
  • Each unit includes two bedrooms, in‑unit laundry, and a private patio
  • Central air and heat in both residences

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
7.64%
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 (±1% cap)
NOI $28,635 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$377.1K
$329.9K – $439.9K (±1% cap)
NOI $26,394 @ 7.0% cap · market cap 7.04%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,013
Businesses Nearby

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

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 - Masonry multifamily property with separate laundry, central climate control, and kitchen appliances in both residences.
Where is this duplex located?
The property is located at 2727 RHAWN 58AB Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,678 square feet; Each unit includes two bedrooms, in‑unit laundry, and a private patio; Central air and heat in both residences
More about this property
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