Two-Unit
For Sale
$300,000
3561 FRANKFORD AVENUE, Philadelphia, PA 19134
Residential income property with two separate living units and balanced two-bedroom layouts.
Property Size1,594 SF
Price / SF$188.21
Days on Market74
Property Features for 3561 FRANKFORD AVENUE
General Information
Standard status
Active
Size
1,594 SF
Property subtype
Duplex
Building Details
Year Built
1910
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Christopher K Somers · License #RS278328
(267) 987-4443
Source:
Cummingsrealtors
Added: Aug 10
Changed: Oct 21
Last Checked: Oct 20 at 10:38PM
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 KW Empower
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Investment Insights
Based on property information with market context.
This duplex contains 1,594 square feet arranged as two separate residential units. Each unit includes two bedrooms and one full bathroom, providing a consistent configuration across the property. Constructed in 1910, the building offers an established residential format suited to continued rental use or owner occupancy with an additional household on site.
The property is located on Frankford Avenue in Philadelphia, with public transportation, local shops, restaurants, and major roadways accessible from the surrounding area. Its two-unit arrangement also supports multi-generational living in addition to conventional residential income use.
The property is located on Frankford Avenue in Philadelphia, with public transportation, local shops, restaurants, and major roadways accessible from the surrounding area. Its two-unit arrangement also supports multi-generational living in addition to conventional residential income use.
Key Highlights
- Two‑unit duplex with 1,594 square feet
- Each unit has 2 bedrooms and 1 full bathroom
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,201
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,020
$544.0K
Cap Rate 7%
$388,586
$388.6K
Cap Rate 9%
$302,233
$302.2K
Market Conditions
NOI Build-Up for 1,594 SF
Gross rent
$41.1K $25.80/SF
− Vacancy
−$2.3K −$1.42/SF
EGI
$38.9K $24.38/SF
− OpEx
−$11.7K −$7.31/SF
NOI
$27.2K $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%
$544,020
Cap Rate 7%
$388,586
Cap Rate 9%
$302,233
Alternative Uses
Best Use
Multifamily LT 5
$388.6K
$340.0K – $453.4K
NOI $27,201 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$358.2K
$313.4K – $417.9K
NOI $25,073 @ 7.0% cap · market cap 8.36%
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
Location Intelligence
Trade Area within ½ mile
1,917
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with two separate living units and balanced two-bedroom layouts.
Where is this duplex located?
The property is located at 3561 FRANKFORD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,594 square feet; Each unit has 2 bedrooms and 1 full bathroom; Built in 1910
