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Duplex with Two-Car Garage
New
For Sale
$399,900

3300 PRIMROSE ROAD, Philadelphia, PA 19114

Each unit includes two bedrooms, a living room, and a kitchen.

Property Size1,778 SF
Price / SF$224.92
Days on Market6

Property Features for 3300 PRIMROSE ROAD

General Information

Standard status Active
Size 1,778 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Amenities

laundry area
large side yard

Building Details

Year Built 1963
Listing Agency: Honest Real Estate
Listed By: Patrick C Parkinson · License #RS328678
Source: Cummingsrealtors
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 2:51PM

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 Honest Real Estate

Investment Insights

Based on property information with market context.

This Philadelphia duplex contains two units, each with two bedrooms, a living room, and a kitchen. The property totals 1,778 SF and includes a two-car garage, additional parking, a laundry area, and a side yard. Built in 1963, it offers a two-unit residential configuration with these shared site features.

Key Highlights

  • Two units, each with two bedrooms
  • 1,778 SF total property size
  • Two‑car garage and additional parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,341
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,820 $606.8K
Cap Rate 7%
$433,443 $433.4K
Cap Rate 9%
$337,122 $337.1K
Market Conditions
NOI Build-Up for 1,778 SF
Gross rent
$45.9K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$43.3K $24.38/SF
− OpEx
−$13.0K −$7.31/SF
NOI
$30.3K $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%
$606,820
Cap Rate 7%
$433,443
Cap Rate 9%
$337,122

Alternative Uses

Best Use
Multifamily LT 5
$433.4K
$379.3K – $505.7K (±1% cap)
NOI $30,341 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$399.5K
$349.6K – $466.1K (±1% cap)
NOI $27,967 @ 7.0% cap · market cap 6.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Accounting Firm Kitchen & Bath Showroom Auto Repair Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 19114, PA

32,645
Population
14,703
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
5,829
Density / Sq Mi
$76,076
Median Household Income
$48,257
Median Earnings
$1,369
Median Rent
$276,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each unit includes two bedrooms, a living room, and a kitchen.
Where is this duplex located?
The property is located at 3300 PRIMROSE ROAD Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two units, each with two bedrooms; 1,778 SF total property size; Two‑car garage and additional parking
More about this property
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