Corner 2-Unit Duplex with
3945 CLARIDGE Street Philadelphia, PA 19124
For Sale
$269,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,400 SF
Lot Size0.03 Acres
Price / SF$192.14
Days on Market52
Property Features for 3945 CLARIDGE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- 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)
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: Jul 16
Last Checked: Jul 25 at 2:06AM
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.
Investment Insights
Based on property information with market context.
This clean corner 2+2 duplex offers a shared common foyer entry and separate utilities for the two units. The layout includes living rooms and eat-in kitchens with a gas range, stainless steel sink, ceramic tile flooring, and laminate counters. Vinyl windows are noted throughout, along with shared utility and laundry space, including a utility room and laundry area with toilet and sink. There are three hot water heaters total, with one heater for each unit.
The property includes a lovely front cement patio and small rear driveway with street parking. A garage converted into a bonus room with a full bath adds additional finished space.
Each unit is described as separately metered with its own hot water heater, supporting independent service needs while maintaining a straightforward duplex configuration.
The property includes a lovely front cement patio and small rear driveway with street parking. A garage converted into a bonus room with a full bath adds additional finished space.
Each unit is described as separately metered with its own hot water heater, supporting independent service needs while maintaining a straightforward duplex configuration.
Key Highlights
- Clean corner 2+2 duplex with separate utilities and shared utility room/laundry area
- Rent: $1,200/month for the 1st and 2nd units
- Garage converted to a bonus room with a full bath
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 | $27.7k | $19.80 |
| − Vacancy | −$1.9k | −$1.39 |
| EGI | $25.8k | $18.41 |
| − OpEx | −$7.7k | −$5.52 |
| NOI | $18.0k | $12.89 |
1,400 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$257.7K
$225.5K – $300.7K
NOI $18,040 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$237.1K
$207.5K – $276.7K
NOI $16,599 @ 7.0% cap · market cap 6.17%
Theoretical Best
Specialty Retail
$805.3K
$704.6K – $939.5K
NOI $56,371 @ 7.0% cap · market cap 20.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Clean corner duplex with separate utilities, a converted garage bonus room, and a front cement patio.
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 $269,000.
What are key features of this property?
This property features: Clean corner 2+2 duplex with separate utilities and shared utility room/laundry area; Rent: $1,200/month for the 1st and 2nd units; Garage converted to a bonus room with a full bath
