Corner Duplex with Bonus
For Sale
$263,000
3945 CLARIDGE Street, Philadelphia, PA 19124
Multi-Family, PHILADELPHIA, PA
Property Size1,400 SF
Lot Size0.03 Acres
Price / SF$187.86
Days on Market149
Property Features for 3945 CLARIDGE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,400 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2557
Utilities
Heating system
Hot Water(Heating)
Cooling system
Window Unit(s)
Amenities
shared utility room and laundry area
front cement patio
common foyer entry
Building Details
Year built
1965
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Francisco Michaud · License #RS342767
(267) 250-8489
Added: Jun 4
Changed: Sep 8
Last Checked: Oct 30 at 11:06PM
MLS# PAPH2630370
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1965, this 1,400-square-foot masonry duplex contains two residential units with a common foyer entrance. Each unit includes a living room, eat-in kitchen, gas range, stainless steel sink, ceramic tile flooring, laminate counters, and vinyl windows. A former garage has been converted into an additional room with a full bathroom. The property also includes a front cement patio, shared utility and laundry area, and separate utilities for the units.
Heating is provided by hot water systems, with one heater serving each unit, and three hot water heaters are on site. Cooling is supplied by window units. The corner lot measures 0.0298 acres and includes a small rear driveway, while additional parking is available on the street.
Heating is provided by hot water systems, with one heater serving each unit, and three hot water heaters are on site. Cooling is supplied by window units. The corner lot measures 0.0298 acres and includes a small rear driveway, while additional parking is available on the street.
Key Highlights
- Two‑unit duplex with a 2+2 configuration
- 1,400 square feet on a 0.0298‑acre corner lot
- Converted garage provides a bonus room and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,040
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,800
$360.8K
Cap Rate 7%
$257,714
$257.7K
Cap Rate 9%
$200,444
$200.4K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$27.7K $19.80/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$25.8K $18.41/SF
− OpEx
−$7.7K −$5.52/SF
NOI
$18.0K $12.89/SF
Area
ZIP 19124
Vacancy
7.03%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,800
Cap Rate 7%
$257,714
Cap Rate 9%
$200,444
Alternative Uses
Best Use
Multifamily LT 5
$257.7K
$225.5K – $300.7K
NOI $18,040 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$237.1K
$207.5K – $276.7K
NOI $16,599 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$805.3K
$704.6K – $939.5K
NOI $56,371 @ 7.0% cap · market cap 21.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Masonry two-unit property with separate utilities, a converted garage room, and shared laundry facilities.
Where is this duplex located?
The property is located at 3945 CLARIDGE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $263,000.
What are key features of this property?
This property features: Two‑unit duplex with a 2+2 configuration; 1,400 square feet on a 0.0298‑acre corner lot; Converted garage provides a bonus room and full bath
