Two-Unit
3352 JASPER STREET, Philadelphia, PA 19134
For Sale
$200,000
The two residences offer a combined four bedrooms and three full bathrooms.
Property Size942 SF
Price / SF$212.31
Days on Market9
Property Features for 3352 JASPER STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
RE/MAX Properties
(215) 968-7400
Listed By:
Yeisson Rafael Tena-Figuereo · License PA RS319964
(215) 254-0039
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 12
Last Checked: Nov 12 at 7:40AM
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 RE/MAX Properties
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Investment Insights
Based on property information with market context.
Built in 1920, this duplex contains two separate residences. Each has two bedrooms; one includes two full bathrooms, while the other has one, for a total of four bedrooms and three bathrooms across the property.
The property is located at 3352 Jasper Street in Philadelphia.
The property is located at 3352 Jasper Street in Philadelphia.
Key Highlights
- Two separate residential units
- Each unit has 2 bedrooms
- Bathroom count is 2 in one unit and 1 in the other
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,075
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,500
$321.5K
Cap Rate 7%
$229,643
$229.6K
Cap Rate 9%
$178,611
$178.6K
Market Conditions
NOI Build-Up for 942 SF
Gross rent
$24.3K $25.80/SF
− Vacancy
−$1.3K −$1.42/SF
EGI
$23.0K $24.38/SF
− OpEx
−$6.9K −$7.31/SF
NOI
$16.1K $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%
$321,500
Cap Rate 7%
$229,643
Cap Rate 9%
$178,611
Alternative Uses
Best Use
Multifamily LT 5
$229.6K
$200.9K – $267.9K
NOI $16,075 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$211.7K
$185.2K – $247.0K
NOI $14,817 @ 7.0% cap · market cap 7.41%
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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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,655
Businesses Nearby
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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
$127,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer a combined four bedrooms and three full bathrooms.
Where is this duplex located?
The property is located at 3352 JASPER STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two separate residential units; Each unit has 2 bedrooms; Bathroom count is 2 in one unit and 1 in the other
