Duplex with Active Rental
3910 North Marshall Street Philadelphia, PA 19140
For Sale
$225,000
Duplex with two rental units, active rental license for two units, and a tenant-occupied second-floor 2-bedroom unit.
Property Size1,290 SF
Price / SF$174.42
Days on Market24
Property Features for 3910 North Marshall Street
General Information
- Standard status
- Active
- Size
- 1,290 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
LPT Realty, LLC
(215) 607-3535
Listed By:
Maria Maria Quattrone Quattrone · License #RS281573
(215) 607-3535
Source:
Compass
Added: Jul 1
Changed: Jul 21
Last Checked: Jul 23 at 11:02AM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This duplex is configured with a second-floor unit featuring two bedrooms and one full bath, which is currently tenant-occupied and would like to remain after the sale. The first-floor unit offers two bedrooms and two full bathrooms and includes access to a full basement with an additional full bathroom and extra common area. The property is all-electric and includes a recently installed water meter (approximately two years old). A small backyard provides outdoor space, and the sale is being delivered strictly AS-IS.
The property has a valid use permit for a duplex and an active rental license for two residential rental units. Leasing details in the listing indicate units A and B are leased through October 2, generating monthly rent of $1,200 and $1,300. Showings require at least 24 hours’ notice due to the occupied units.
The listing also notes that zoning compliance is the buyer’s responsibility. HWA home warranty is included with the sale, and there may be lender credits available through KeyBank for eligible buyers under the stated program terms.
The property has a valid use permit for a duplex and an active rental license for two residential rental units. Leasing details in the listing indicate units A and B are leased through October 2, generating monthly rent of $1,200 and $1,300. Showings require at least 24 hours’ notice due to the occupied units.
The listing also notes that zoning compliance is the buyer’s responsibility. HWA home warranty is included with the sale, and there may be lender credits available through KeyBank for eligible buyers under the stated program terms.
Key Highlights
- Duplex with a valid use permit for duplex and an active rental license for two residential units
- Second‑floor 2‑bedroom, 1‑full‑bath unit is currently tenant‑occupied and tenant would like to remain after sale
- First‑floor unit offers 2 bedrooms and 2 full bathrooms, plus access to a full basement with an additional full bathroom and common area
Financial Insights For Apartment 5plus
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 | $39.2k | $30.36 |
| − Vacancy | −$2.3k | −$1.76 |
| EGI | $36.9k | $28.60 |
| − OpEx | −$16.6k | −$12.87 |
| NOI | $20.3k | $15.73 |
1,290 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.5K
$275.2K – $366.9K
NOI $22,014 @ 7.0% cap · market cap 9.78%
Second Best
Apartment 5plus
$289.9K
$253.6K – $338.2K
NOI $20,291 @ 7.0% cap · market cap 9.02%
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 - Duplex with two rental units, active rental license for two units, and a tenant-occupied second-floor 2-bedroom unit.
Where is this duplex located?
The property is located at 3910 North Marshall Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex with a valid use permit for duplex and an active rental license for two residential units; Second‑floor 2‑bedroom, 1‑full‑bath unit is currently tenant‑occupied and tenant would like to remain after sale; First‑floor unit offers 2 bedrooms and 2 full bathrooms, plus access to a full basement with an additional full bathroom and common area
