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Updated Two-Unit Duplex
For Sale
$260,000

4033 POPLAR STREET, Philadelphia, PA 19104

Two renovated units are ready for occupancy with updated plumbing.

Property Size1,460 SF
Price / SF$178.08
Days on Market71

Property Features for 4033 POPLAR STREET

General Information

Standard status Active
Size 1,460 SF
Property subtype Duplex

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1925
Buildings 1
Listing Agency: United Real Estate
Listed By: Ryan Bullock · License #RS367791
Source: Cummingsrealtors
Added: Aug 13 Changed: Oct 21 Last Checked: Oct 20 at 9:44PM

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 United Real Estate

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Investment Insights

Based on property information with market context.

This 1,460-square-foot duplex, built in 1925, contains two one-bedroom, one-bathroom residences. Both units have received cosmetic improvements and are prepared for occupancy, while updated PEX plumbing addresses a key building system. The property offers a straightforward two-unit configuration for an owner seeking a residential rental asset.

The property is located at 4033 Poplar Street in Philadelphia, near the Philadelphia Zoo and Please Touch Museum. New construction and neighborhood development are present in the surrounding area. Recent updates to the plumbing and interiors reduce the scope of immediate renovation work described for the property.

Key Highlights

  • Two one‑bedroom, one‑bathroom units
  • 1,460 square feet in a duplex built in 1925
  • Updated PEX plumbing

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,965
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,300 $459.3K
Cap Rate 7%
$328,071 $328.1K
Cap Rate 9%
$255,167 $255.2K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$44.3K $30.36/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$41.8K $28.60/SF
− OpEx
−$18.8K −$12.87/SF
NOI
$23.0K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,300
Cap Rate 7%
$328,071
Cap Rate 9%
$255,167

Alternative Uses

Best Use
Multifamily LT 5
$355.9K
$311.4K – $415.3K (±1% cap)
NOI $24,915 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$328.1K
$287.1K – $382.8K (±1% cap)
NOI $22,965 @ 7.0% cap · market cap 8.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

869
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

Frequently Asked Questions

What type of property is this?
Duplex - Two renovated units are ready for occupancy with updated plumbing.
Where is this duplex located?
The property is located at 4033 POPLAR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units; 1,460 square feet in a duplex built in 1925; Updated PEX plumbing
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