Duplex with Bi-Level
New
For Sale
$450,000
4031 GREEN STREET, Philadelphia, PA 19104
Both homes have central HVAC, separate utility meters, and leases extending through August 2027.
Property Size2,024 SF
Price / SF$222.33
Days on Market5
Property Features for 4031 GREEN STREET
General Information
Standard status
Active
Size
2,024 SF
Property subtype
Duplex
Building Details
Year Built
1915
Listing Agency:
Compass Pennsylvania, LLC
(610) 822-3356
Listed By:
Jordan B Wiener · License #RS229414
(610) 996-6000
Source:
Cummingsrealtors
Added: Oct 6
Changed: Oct 9
Last Checked: Oct 7 at 2:41PM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This renovated duplex contains 2,024 square feet and dates to 1915. The first residence has two bedrooms, one bathroom, hardwood floors, an updated kitchen, a tiled bathroom, and a basement with laundry and storage. The second is arranged across two levels, with four bedrooms, two bathrooms, hardwood floors, a modern kitchen and bathrooms, and laundry within the unit. Each residence has its own meter and central HVAC. Leases run through August 2027.
Drexel, UPenn, Presbyterian Hospital, Vidas Athletic Fields, and local dining are within walking distance. SEPTA bus service, the Market-Frankford Line, and the Lancaster Avenue #10 trolley are accessible nearby. 30th Street Station is a short trip away, with access to regional rail service.
Drexel, UPenn, Presbyterian Hospital, Vidas Athletic Fields, and local dining are within walking distance. SEPTA bus service, the Market-Frankford Line, and the Lancaster Avenue #10 trolley are accessible nearby. 30th Street Station is a short trip away, with access to regional rail service.
Key Highlights
- 2,024‑square‑foot duplex built in 1915
- Renovated property with two separately metered residences and central HVAC
- Unit mix: one 2‑bedroom, 1‑bathroom home and one bi‑level 4‑bedroom, 2‑bathroom home
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 7.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
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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 - Both homes have central HVAC, separate utility meters, and leases extending through August 2027.
Where is this duplex located?
The property is located at 4031 GREEN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,024‑square‑foot duplex built in 1915; Renovated property with two separately metered residences and central HVAC; Unit mix: one 2‑bedroom, 1‑bathroom home and one bi‑level 4‑bedroom, 2‑bathroom home
