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Masonry Duplex
New
For Sale
$305,000

4024 HAVERFORD Avenue, Philadelphia, PA 19104

Multi-Family, PHILADELPHIA, PA

Property Size1,442 SF
Lot Size0.02 Acres
Price / SF$211.51
Days on Market2

Property Features for 4024 HAVERFORD Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,442 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 3901

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Listing Agency: New Age Realty Group Inc
Listed By: Nicole Caprario · License #RS320794
Added: Oct 7 Last Checked: Oct 8 at 9:06AM
MLS# PAPH2676554

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 masonry duplex contains two apartments, each configured with three bedrooms and one bathroom. The property was built in 1915 and occupies a 0.0246-acre lot. Heating is provided by forced air, and both apartments have central air conditioning.

Drexel University, the University of Pennsylvania, and public transportation routes are described as minutes away. Annual rental income is not included here.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1 bathroom
  • 1,442‑square‑foot property on a 0.0246‑acre lot
  • Built in 1915; masonry construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,608
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,160 $492.2K
Cap Rate 7%
$351,543 $351.5K
Cap Rate 9%
$273,422 $273.4K
Market Conditions
NOI Build-Up for 1,442 SF
Gross rent
$37.2K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$35.2K $24.38/SF
− OpEx
−$10.5K −$7.31/SF
NOI
$24.6K $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%
$492,160
Cap Rate 7%
$351,543
Cap Rate 9%
$273,422

Alternative Uses

Best Use
Multifamily LT 5
$351.5K
$307.6K – $410.1K (±1% cap)
NOI $24,608 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$324.0K
$283.5K – $378.0K (±1% cap)
NOI $22,682 @ 7.0% cap · market cap 7.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Florist Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,762
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both apartments have three bedrooms and one bathroom, with central air conditioning and forced-air heat.
Where is this duplex located?
The property is located at 4024 HAVERFORD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bathroom; 1,442‑square‑foot property on a 0.0246‑acre lot; Built in 1915; masonry construction
More about this property
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