Renovated Duplex with Commercial
For Sale
$204,999
3128 F Street, Philadelphia, PA 19134
Multi-Family, PHILADELPHIA, PA
Property Size1,120 SF
Lot Size0.02 Acres
Price / SF$183.03
Days on Market213
Property Features for 3128 F Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,120 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
746
Utilities
Heating system
Other (Heating)
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Aldo Torres
(267) 575-1325
Added: Mar 24
Changed: Sep 2
Last Checked: Oct 22 at 1:06AM
MLS# PAPH2599206
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.
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Investment Insights
Based on property information with market context.
This 1,120-square-foot masonry duplex, built in 1920, includes distinct commercial and residential areas. The first floor has been renovated for business, office, or retail use. Above it, a renovated two-bedroom, one-bath apartment provides a separate residential component and is currently vacant.
The property is located at 3128 F Street in Philadelphia, with access to major roads, public transportation, and neighborhood amenities. RM1 zoning supports the property’s mixed commercial and residential configuration as described. Separate spaces allow the commercial area and apartment to function independently within the building.
The property is located at 3128 F Street in Philadelphia, with access to major roads, public transportation, and neighborhood amenities. RM1 zoning supports the property’s mixed commercial and residential configuration as described. Separate spaces allow the commercial area and apartment to function independently within the building.
Key Highlights
- RM1‑zoned duplex with separate commercial and residential areas
- Renovated first‑floor commercial space for business, office, or retail use
- Renovated 2‑bedroom, 1‑bath apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,617
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,340
$352.3K
Cap Rate 7%
$251,671
$251.7K
Cap Rate 9%
$195,744
$195.7K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$34.0K $30.36/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$32.0K $28.60/SF
− OpEx
−$14.4K −$12.87/SF
NOI
$17.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,340
Cap Rate 7%
$251,671
Cap Rate 9%
$195,744
Alternative Uses
Best Use
Multifamily LT 5
$273.0K
$238.9K – $318.6K
NOI $19,113 @ 7.0% cap · market cap 9.32%
Second Best
Apartment 5plus
$251.7K
$220.2K – $293.6K
NOI $17,617 @ 7.0% cap · market cap 8.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,614
Businesses Nearby
Explore this area
Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
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
Frequently Asked Questions
What type of property is this?
Duplex - RM1-zoned property combines a renovated business area with an upstairs two-bedroom apartment.
Where is this duplex located?
The property is located at 3128 F Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $204,999.
What are key features of this property?
This property features: RM1‑zoned duplex with separate commercial and residential areas; Renovated first‑floor commercial space for business, office, or retail use; Renovated 2‑bedroom, 1‑bath apartment
