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Renovated Two-Unit Duplex
For Sale
$235,000

3011 N 10TH STREET, Philadelphia, PA 19133

Two updated residences offer modern kitchens, private outdoor space, and basement storage in a convenient Philadelphia setting.

Property Size1,218 SF
Days on Market27

Property Features for 3011 N 10TH STREET

General Information

Standard status Active
Size 1,218 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $775

Building Details

Building Size 1,218 SF
Year Built 1920
Tenancy Multi
Listing Agency: Keller Williams Real Estate-Blue Bell
Listed By: Charlene A Houston · License #RS348858
Source: Lizclarkrealestate
Added: Jul 9 Changed: Aug 3 Last Checked: Aug 3 at 7:00AM

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 Keller Williams Real Estate-Blue Bell

Investment Insights

Based on property information with market context.

This duplex, built in 1920, contains two residences, each arranged with 2 bedrooms and 1 full bath. Both units feature open living and dining areas, recessed lighting, ceiling fans, oak-tone luxury vinyl plank flooring, and kitchens equipped with white shaker cabinets, stainless steel appliances, black hardware, and decorative backsplash tile. The bathrooms have porcelain and hexagon tile, matte-black fixtures, rain showerheads over the tubs, and black shaker vanities. Electric baseboard heat serves both units.

The first-floor residence includes basement access with approximately 9-foot ceilings for storage. Its second bedroom opens to a fenced backyard with a newly poured concrete walkway, grass, and room for outdoor use. The upper unit includes washer and dryer hookups. The property is at 3011 N 10TH STREET in Philadelphia, less than 2 miles from Temple University and Temple University Hospital, with access to Broad Street, public transportation, shopping, and dining.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bath in each residence
  • Built in 1920 with updated kitchens, bathrooms, flooring, lighting, and fixtures
  • First‑floor unit includes basement access with approximately 9‑foot ceilings

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 $31.4k $25.80
− Vacancy −$1.7k −$1.42
EGI $29.7k $24.38
− OpEx −$8.9k −$7.31
NOI $20.8k $17.06
1,218 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$296.9K
$259.8K – $346.4K (±1% cap)
NOI $20,785 @ 7.0% cap · market cap 8.84%
Second Best
Apartment 5plus
$273.7K
$239.5K – $319.3K (±1% cap)
NOI $19,159 @ 7.0% cap · market cap 8.15%
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 Real Estate Agency Law Firm Electrical Service Parking Lot & Garage HVAC Service Acupuncture

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,726
Businesses Nearby

Demographics for 19133, PA

24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
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 - Two updated residences offer modern kitchens, private outdoor space, and basement storage in a convenient Philadelphia setting.
Where is this duplex located?
The property is located at 3011 N 10TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each residence; Built in 1920 with updated kitchens, bathrooms, flooring, lighting, and fixtures; First‑floor unit includes basement access with approximately 9‑foot ceilings
More about this property
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