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2-Unit Duplex with Independent Entrances

3123 Comly Road Philadelphia, PA 19154

3123 Comly Road, Philadelphia, PA, 19154
$370,000
For Sale
$370,000

Two separate residential units each have independent entrances, with fenced yard space and driveway parking.

Property Size1,920 SF
Price / SF$192.71
Days on Market86

Property Features for 3123 Comly Road

General Information

Standard status
Active
Size
1,920 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1983
Listing agency RE/MAX Regency Realty
Listed by Steven Masterson · License #rs335293
Source Compass
Added: Apr 29 Updated: Jul 21 at 5:48PM Checked: Jul 22 at 10:40AM

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 RE/MAX Regency Realty


Investment Insights

Based on property information with market context.

This 2-and-1 duplex offers two residential units with independent entrances. The upper level features a 2-bedroom unit, while the first floor provides a 1-bedroom unit. The property also includes a fenced-in yard and a 2-car driveway, with 1 parking space allocated for each unit.

Located in Philadelphia County (MLS Area 19154), the home is described as being near major arteries including I-95 and Roosevelt Blvd, providing convenient access to transit and shopping.

The layout supports straightforward tenant separation with separate entry points for both units, along with dedicated off-street parking.

Key Highlights

  • 2‑and‑1 duplex with a 2‑bedroom unit on the upper level and a 1‑bedroom unit on the first floor
  • Both units have independent entrances
  • Fenced‑in yard plus a 2‑car driveway

Local 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 $49.5k $25.80
− Vacancy −$2.7k −$1.42
EGI $46.8k $24.38
− OpEx −$14.0k −$7.31
NOI $32.8k $17.06
1,920 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$468.1K
$409.6K – $546.1K (±1% cap)
NOI $32,765 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$431.4K
$377.5K – $503.4K (±1% cap)
NOI $30,201 @ 7.0% cap · market cap 8.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Parking Lot & Garage Nail Salon Barber Shop Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two separate residential units each have independent entrances, with fenced yard space and driveway parking.
Where is this duplex located?
The property is located at 3123 Comly Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 2‑and‑1 duplex with a 2‑bedroom unit on the upper level and a 1‑bedroom unit on the first floor; Both units have independent entrances; Fenced‑in yard plus a 2‑car driveway
Contact an agent
More about this property
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