Two-Unit
New
For Sale
$305,000
4026 HAVERFORD AVENUE, Philadelphia, PA 19104
Two three-bedroom apartments provide separate residential units in West Powelton.
Property Size1,442 SF
Price / SF$211.51
Days on Market4
Property Features for 4026 HAVERFORD AVENUE
General Information
Standard status
Active
Size
1,442 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$31,800
Public Transit
Yes
Building Details
Year Built
1915
Listing Agency:
New Age Realty Group Inc
Listed By:
Nicole Caprario · License #RS320794
(215) 387-1002
Source:
Cummingsrealtors
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:31AM
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 New Age Realty Group Inc
Investment Insights
Based on property information with market context.
This 1915 duplex contains two apartments, each with three bedrooms and one bathroom. The two-unit configuration offers separate residential spaces within a single property.
The property is in West Powelton, minutes from Drexel University and the University of Pennsylvania, with major public transportation routes nearby.
The property is in West Powelton, minutes from Drexel University and the University of Pennsylvania, with major public transportation routes nearby.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 bathroom
- Built in 1915
- Located minutes from Drexel University and the University of Pennsylvania
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
NOI $24,608 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$324.0K
$283.5K – $378.0K
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,762
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments provide separate residential units in West Powelton.
Where is this duplex located?
The property is located at 4026 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; Built in 1915; Located minutes from Drexel University and the University of Pennsylvania
