Renovated Two-Unit
New
For Sale
$359,000
318 S 52ND Street, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size1,572 SF
Lot Size0.03 Acres
Price / SF$228.37
Days on Market5
Property Features for 318 S 52ND Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,572 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
3904
Utilities
Heating system
Electric (Heating), Baseboard
Building Details
Year built
1925
Number of units
2
Building materials
Masonry
Listing Agency:
HomeZu by Simple Choice
Listed By:
Christopher J Carr · License #RM420776
(855) 885-4663
Added: Oct 26
Last Checked: Oct 30 at 8:06AM
MLS# PAPH2684672
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 masonry duplex contains two residential units within 1,572 square feet. Improvements include new windows and flooring, a renovated kitchen, a new bathroom, new appliances, updated electrical wiring, and new electric baseboard heaters. The property also has a basement, and parking is on street.
Built in 1925, the building occupies a 0.0301-acre lot in Philadelphia. The basement may provide potential for commercial use; no specific use or approval is established by the property details.
Built in 1925, the building occupies a 0.0301-acre lot in Philadelphia. The basement may provide potential for commercial use; no specific use or approval is established by the property details.
Key Highlights
- Two residential units in a 1,572‑square‑foot masonry duplex
- 0.0301‑acre lot in Philadelphia
- Renovations include new windows, flooring, kitchen, bathroom, and appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,029
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,580
$340.6K
Cap Rate 7%
$243,271
$243.3K
Cap Rate 9%
$189,211
$189.2K
Market Conditions
NOI Build-Up for 1,572 SF
Gross rent
$26.2K $16.68/SF
− Vacancy
−$1.9K −$1.20/SF
EGI
$24.3K $15.48/SF
− OpEx
−$7.3K −$4.64/SF
NOI
$17.0K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,580
Cap Rate 7%
$243,271
Cap Rate 9%
$189,211
Alternative Uses
Best Use
Multifamily LT 5
$243.3K
$212.9K – $283.8K
NOI $17,029 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$216.4K
$189.3K – $252.5K
NOI $15,147 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$538.8K
$471.5K – $628.6K
NOI $37,716 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,428
Businesses Nearby
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Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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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 - A basement, updated kitchen, and refreshed building systems complement the two residential units.
Where is this duplex located?
The property is located at 318 S 52ND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two residential units in a 1,572‑square‑foot masonry duplex; 0.0301‑acre lot in Philadelphia; Renovations include new windows, flooring, kitchen, bathroom, and appliances
