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    Renovated Duplex with Large Yard Title is generated by Realmo AI

    3542 North Randolph Street, Philadelphia, PA 19140

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    Claim this Listing
    For Sale
    $240,000

    ...

    Type:Multi-Family / Fee Simple
    Property size:
    1,200 SF
    Price / SF:
    $200/SF
    Added:
    May 23, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 6 at 4:53 am

    Property Features for 3542 North Randolph Street

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1942

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    Listing Contact
    Derek J. Greene

    Listing agent Derek J. Greene License #SBR004802

    Listing office The Greene Realty Group

    Listing date May 23, 2026

    Source Compass

    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 The Greene Realty Group

    HighLights

    • Newly renovated duplex with an active rental license in Philadelphia, featuring 1‑bedroom + den on the 1st floor and a 2‑bedroom unit on the 2nd floor
    • All new electrical and plumbing completed in 2025, plus all new appliances
    • 1st‑floor unit is on a month‑to‑month lease; seller states it can be given 60‑day notice to vacate
    • 2nd‑floor unit is leased under a Valley Youth subsidy for 12 months
    • Large back yard
    • Bus stop is less than 1 mile away

    Overview

    ...

    Local 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 $31.0k $25.80
    − Vacancy −$1.7k −$1.42
    EGI $29.3k $24.38
    − OpEx −$8.8k −$7.31
    NOI $20.5k $17.06
    1,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $292.5K
    $256.0K – $341.3K (±1% cap)
    NOI $20,478 @ 7.0% cap · market cap 8.53%
    Second Best
    Apartment 5plus
    $269.6K
    $235.9K – $314.6K (±1% cap)
    NOI $18,875 @ 7.0% cap · market cap 7.86%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1386032
    Latitude
    40.0054372

    FAQs

    What type of property is this?
    Duplex - ...
    Where is this duplex located?
    The property is located at 3542 North Randolph Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Newly renovated duplex with an active rental license in Philadelphia, featuring 1‑bedroom + den on the 1st floor and a 2‑bedroom unit on the 2nd floor; All new electrical and plumbing completed in 2025, plus all new appliances; 1st‑floor unit is on a month‑to‑month lease; seller states it can be given 60‑day notice to vacate
    More about this property
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