Brick Duplex with Two-Bay
3955 ROWENA Drive, Philadelphia, PA 19114
For Sale
New
$449,900
Multi-Family, PHILADELPHIA, PA
Property Size2,024 SF
Lot Size0.07 Acres
Price / SF$222.28
Days on Market1
Property Features for 3955 ROWENA Drive
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
ceiling fans
dishwasher
washer and dryer
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Re/Max One Realty · RE/MAX International
(215) 953-8800
Listed By:
Jeffrey J Colahan · License PA RS325339
(215) 880-5291
Added: Nov 12
Last Checked: Nov 12 at 6:06PM
MLS# PAPH2690246
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.
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Investment Insights
Based on property information with market context.
This masonry duplex contains two 2-bedroom, 1-bath apartments, with 2,024 square feet of building area on a 0.0655-acre lot. The second-floor apartment has been updated with fresh paint, new carpet, wood-look flooring, and a renovated bath. The first-floor unit includes a living and dining area, an eat-in kitchen with oak cabinets, gas cooking, a dishwasher, and a full-size refrigerator. Both apartments have sliding-door bedroom closets; the second-floor bedrooms also have ceiling fans.
The basement provides open storage space, laundry hookups with a washer and dryer, and two utility sinks. Each apartment has its own gas forced-air furnace, and the building has two water heaters. Parking includes an attached two-bay garage with overhead doors and openers, plus private concrete parking at the rear. Built in 1978, the property is near Fluehr Park, Torresdale Regional Rail, and I-95. The first-floor apartment is occupied now and is scheduled for delivery vacant at settlement.
The basement provides open storage space, laundry hookups with a washer and dryer, and two utility sinks. Each apartment has its own gas forced-air furnace, and the building has two water heaters. Parking includes an attached two-bay garage with overhead doors and openers, plus private concrete parking at the rear. Built in 1978, the property is near Fluehr Park, Torresdale Regional Rail, and I-95. The first-floor apartment is occupied now and is scheduled for delivery vacant at settlement.
Key Highlights
- Two 2‑bedroom, 1‑bath apartments in a 2,024‑square‑foot duplex
- 0.0655‑acre lot; masonry construction and built in 1978
- Separate gas forced‑air furnace for each unit and two water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,539
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,780
$690.8K
Cap Rate 7%
$493,414
$493.4K
Cap Rate 9%
$383,767
$383.8K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$52.2K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.3K $24.38/SF
− OpEx
−$14.8K −$7.31/SF
NOI
$34.5K $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%
$690,780
Cap Rate 7%
$493,414
Cap Rate 9%
$383,767
Alternative Uses
Best Use
Multifamily LT 5
$493.4K
$431.7K – $575.7K
NOI $34,539 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$454.8K
$398.0K – $530.6K
NOI $31,837 @ 7.0% cap · market cap 7.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Explore this area
Business Placement
Demographics for 19114, PA
32,645
Population
14,703
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
5,829
Density / Sq Mi
$76,076
Median Household Income
$48,257
Median Earnings
$1,369
Median Rent
$276,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching two-bedroom units offer separate heating systems, basement laundry hookups, and private rear parking.
Where is this duplex located?
The property is located at 3955 ROWENA Drive Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath apartments in a 2,024‑square‑foot duplex; 0.0655‑acre lot; masonry construction and built in 1978; Separate gas forced‑air furnace for each unit and two water heaters
