Two-Unit Duplex with
For Sale
$260,000
3337 OAKMONT STREET, Philadelphia, PA 19136
Two one-bedroom residences include basement storage, driveway parking, and established tenants.
Property Size1,190 SF
Price / SF$218.49
Days on Market65
Property Features for 3337 OAKMONT STREET
General Information
Standard status
Active
Size
1,190 SF
Property subtype
Duplex
Financials
Asking Price
$280,000
Gross Income
$22,800
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR
Multifamily Units
2
Amenities
garage
driveway parking
basement storage
Building Details
Year Built
1950
Listing Agency:
BHHS Fox & Roach-Blue Bell
(215) 542-2200
Listed By:
Benjamin Wong · License #1328097
(215) 806-0988
Source:
Cummingsrealtors
Added: Aug 7
Changed: Oct 7
Last Checked: Oct 9 at 11:37PM
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 BHHS Fox & Roach-Blue Bell
Investment Insights
Based on property information with market context.
This 1,190-square-foot duplex, built in 1950, is arranged as two one-bedroom residences. The property is being offered as-is and currently has established tenants in place. The first-floor unit includes basement storage, while the property also provides a one-car garage and driveway parking for off-street vehicle storage.
Located on a wide residential street in Philadelphia, the duplex offers access to major highways, Northeast Philadelphia, Center City, and nearby New Jersey. Regional Rail service is located just over a mile away, adding another transportation option. The existing two-unit layout, tenant occupancy, garage, driveway, and basement storage create a straightforward residential income property configuration.
Located on a wide residential street in Philadelphia, the duplex offers access to major highways, Northeast Philadelphia, Center City, and nearby New Jersey. Regional Rail service is located just over a mile away, adding another transportation option. The existing two-unit layout, tenant occupancy, garage, driveway, and basement storage create a straightforward residential income property configuration.
Key Highlights
- Two one‑bedroom units within a 1,190‑square‑foot duplex
- Built in 1950 and offered as‑is
- Established tenants currently occupy both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,307
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,140
$406.1K
Cap Rate 7%
$290,100
$290.1K
Cap Rate 9%
$225,633
$225.6K
Market Conditions
NOI Build-Up for 1,190 SF
Gross rent
$30.7K $25.80/SF
− Vacancy
−$1.7K −$1.42/SF
EGI
$29.0K $24.38/SF
− OpEx
−$8.7K −$7.31/SF
NOI
$20.3K $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%
$406,140
Cap Rate 7%
$290,100
Cap Rate 9%
$225,633
Alternative Uses
Best Use
Multifamily LT 5
$290.1K
$253.8K – $338.5K
NOI $20,307 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$267.4K
$234.0K – $312.0K
NOI $18,718 @ 7.0% cap · market cap 7.20%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences include basement storage, driveway parking, and established tenants.
Where is this duplex located?
The property is located at 3337 OAKMONT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two one‑bedroom units within a 1,190‑square‑foot duplex; Built in 1950 and offered as‑is; Established tenants currently occupy both units
