Renovated Duplex with Rear
For Sale
$279,999
3047 N 10TH STREET, Philadelphia, PA 19133
Separate utilities serve the two residences, each configured with two bedrooms and one bathroom.
Property Size1,392 SF
Days on Market16
Property Features for 3047 N 10TH STREET
General Information
Standard status
Active
Size
1,392 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,350
Building Details
Building Size
1,392 SF
Year Built
1920
Buildings
1
Listing Agency:
KW Empower
Listed By:
Stephen M Kennedy · License #RS330775
(267) 614-3033
Source:
Patmckennarealtors
Added: Sep 25
Changed: Oct 6
Last Checked: Oct 10 at 12:08AM
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 KW Empower
Investment Insights
Based on property information with market context.
This legal duplex at 3047 N 10th Street contains two two-bedroom, one-bathroom residences within 1,392 square feet. The property, built in 1920, has been renovated, with updated kitchens and bathrooms, new appliances, and separate utilities for each unit. Recent building improvements include a new roof, windows, electrical system, and plumbing. A rear yard and street parking provide additional site features.
Public transportation, routes 76 and 95, universities, hospitals, and Center City are noted nearby.
Public transportation, routes 76 and 95, universities, hospitals, and Center City are noted nearby.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,392 square feet; built in 1920
- Separate utilities for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,754
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,080
$475.1K
Cap Rate 7%
$339,343
$339.3K
Cap Rate 9%
$263,933
$263.9K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$35.9K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$33.9K $24.38/SF
− OpEx
−$10.2K −$7.31/SF
NOI
$23.8K $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%
$475,080
Cap Rate 7%
$339,343
Cap Rate 9%
$263,933
Alternative Uses
Best Use
Multifamily LT 5
$339.3K
$296.9K – $395.9K
NOI $23,754 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$312.8K
$273.7K – $364.9K
NOI $21,895 @ 7.0% cap · market cap 7.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,726
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve the two residences, each configured with two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 3047 N 10TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $279,999.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,392 square feet; built in 1920; Separate utilities for each residence
