Bi-Level Residential Income
For Sale
$239,000
335 S 12TH STREET Unit 1B, Philadelphia, PA 19107
Two-level unit with a combined kitchen, living, and dining area plus an upstairs bedroom and full bath.
Property Size900 SF
Days on Market168
Property Features for 335 S 12TH STREET Unit 1B
General Information
Standard status
Active
Size
900 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,711
Building Details
Building Size
900 SF
Year Built
1900
Listing Agency:
Common Ground Realtors
Listed By:
Lindsay Johnston · License #RB066702
(215) 222-2300
Source:
Patmckennarealtors
Added: May 18
Changed: Oct 31
Last Checked: Nov 1 at 12:08PM
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 Common Ground Realtors
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Investment Insights
Based on property information with market context.
Unit 1B is arranged across two levels. The lower floor combines the kitchen, living area, and dining space, while the upper floor contains a bedroom and full bathroom. This layout provides distinct living and sleeping areas within the residence.
The property is located at 335 S 12TH STREET in Philadelphia, Pennsylvania 19107. The building dates to 1900.
The property is located at 335 S 12TH STREET in Philadelphia, Pennsylvania 19107. The building dates to 1900.
Key Highlights
- Two‑level residential unit with separate living and sleeping floors
- Kitchen, living, and dining areas arranged on the lower level
- Upper level includes a bedroom and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,157
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,140
$283.1K
Cap Rate 7%
$202,243
$202.2K
Cap Rate 9%
$157,300
$157.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$27.3K $30.36/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$25.7K $28.60/SF
− OpEx
−$11.6K −$12.87/SF
NOI
$14.2K $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%
$283,140
Cap Rate 7%
$202,243
Cap Rate 9%
$157,300
Alternative Uses
Best Use
Apartment 5plus
$202.2K
$177.0K – $236.0K
NOI $14,157 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$219.4K
$192.0K – $256.0K
NOI $15,358 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
23,668
Businesses Nearby
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Business Placement
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level unit with a combined kitchen, living, and dining area plus an upstairs bedroom and full bath.
Where is this residential income property located?
The property is located at 335 S 12TH STREET Unit 1B Philadelphia, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two‑level residential unit with separate living and sleeping floors; Kitchen, living, and dining areas arranged on the lower level; Upper level includes a bedroom and full bathroom
