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Duplex with Two-Car Driveway
For Sale
Under Contract
$370,000

3123 COMLY Road, Philadelphia, PA 19154

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,920 SF
Lot Size0.05 Acres
Price / SF$192.71
Days on Market93

Property Features for 3123 COMLY Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Driveway
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active Under Contract
Size 1,920 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 4818

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

fenced-in yard

Building Details

Year built 1983
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Real Estate Tri-County · Keller Williams Realty
Listed By: Steven Masterson · License #rs335293
Added: May 1 Changed: Jul 31 Last Checked: Aug 1 at 10:06AM
MLS# PAPH2610364

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 duplex at 3123 Comly Road offers two rental units with independent entrances. The upper level features a 2-bedroom unit, while the first floor includes a 1-bedroom unit. The property also includes a fenced-in yard, built with masonry construction, and equipped with forced-air heating and central air.

Outside, parking is designed for tenant convenience with a driveway that accommodates two cars, with 1 parking space allocated for each unit. The home is positioned near major arteries including I-95 and Roosevelt Blvd, supporting easy access to transit and shopping.

Built in 1983, the property sits on a 0.0546-acre lot and includes 1,920 square feet of total building area.

Key Highlights

  • Masonry duplex built in 1983
  • Upper unit: 2‑bedroom with independent entrance
  • First‑floor unit: 1‑bedroom with independent entrance

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 authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Parking Lot & Garage

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 19154, PA

34,681
Population
13,296
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
5,419
Density / Sq Mi
$93,479
Median Household Income
$50,969
Median Earnings
$1,396
Median Rent
$274,400
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two separate units with independent entrances, central air, and a fenced yard with a two-car driveway and shared on-site 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: Masonry duplex built in 1983; Upper unit: 2‑bedroom with independent entrance; First‑floor unit: 1‑bedroom with independent entrance
More about this property
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