Renovated Duplex
34 North Frazier Street Philadelphia, PA 19139
For Sale
$224,000
Two-unit duplex with permitted 2017 renovations, featuring a 1-bedroom/1-bath and a 2-bedroom/1-bath with separate kitchens.
Property Size1,020 SF
Price / SF$219.61
Days on Market225
Property Features for 34 North Frazier Street
General Information
- Standard status
- Active
- Size
- 1,020 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing Agency:
Silver and Oak Realty
(267) 399-8043
Listed By:
Sascha Alexander Edelkraut
Source:
Compass
Added: Dec 11, 2025
Changed: Jul 21
Last Checked: Jul 24 at 2:00PM
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 Silver and Oak Realty
Investment Insights
Based on property information with market context.
This renovated duplex offers two occupied units with separate interior layouts. Unit 1 is on the first floor and includes one bedroom, one full bathroom, and a dedicated kitchen. Unit 2 is on the second floor and provides two bedrooms, one full bathroom, and its own kitchen.
The property was fully renovated with permits in 2017, including plumbing, electric, and HVAC improvements. The duplex is located in Philadelphia within the Philadelphia City School District.
As presented, both units are currently occupied, supporting a straightforward, turn-key configuration for an investor seeking in-place income.
The property was fully renovated with permits in 2017, including plumbing, electric, and HVAC improvements. The duplex is located in Philadelphia within the Philadelphia City School District.
As presented, both units are currently occupied, supporting a straightforward, turn-key configuration for an investor seeking in-place income.
Key Highlights
- Occupied duplex at 34 N Frazier with combined rent of $1,790 per month
- Unit 1: 1 bed, 1 full bath with a dedicated kitchen on the 1st floor
- Unit 2: 2 beds, 1 full bath with its own kitchen on the 2nd floor
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $25.80 |
| − Vacancy | −$1.5k | −$1.42 |
| EGI | $24.9k | $24.38 |
| − OpEx | −$7.5k | −$7.31 |
| NOI | $17.4k | $17.06 |
1,020 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$248.7K
$217.6K – $290.1K
NOI $17,406 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$229.2K
$200.6K – $267.4K
NOI $16,044 @ 7.0% cap · market cap 7.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with permitted 2017 renovations, featuring a 1-bedroom/1-bath and a 2-bedroom/1-bath with separate kitchens.
Where is this duplex located?
The property is located at 34 North Frazier Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $224,000.
What are key features of this property?
This property features: Occupied duplex at 34 N Frazier with combined rent of $1,790 per month; Unit 1: 1 bed, 1 full bath with a dedicated kitchen on the 1st floor; Unit 2: 2 beds, 1 full bath with its own kitchen on the 2nd floor
