Residential Income Duplex with
For Sale
$550,000
407 Pierce Street, Philadelphia, PA 19148
Tenant-occupied second-floor apartment and a multi-car garage offer immediate rental income in South Philadelphia.
Property Size800 SF
Price / SF$687.50
Days on Market184
Property Features for 407 Pierce Street
General Information
Standard status
Active
Size
800 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Fee Simple
Additional Details
Multifamily Units
1
Building Details
Year Built
1960
Year Renovated
2019
Listing Agency:
Keller Williams Real Estate - Media
(610) 405-2984
Listed By:
Angela Manzi · License #RS329052
(610) 405-2984
Source:
Compass
Added: Jan 30
Changed: Jul 22
Last Checked: Aug 2 at 11:52AM
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 Keller Williams Real Estate - Media
Investment Insights
Based on property information with market context.
This South Philadelphia residential income property includes a tenant-occupied second-floor apartment and a separate multi-car garage. The garage is sized to accommodate approximately four vehicles. The apartment was remodeled in 2019 and includes updates to the roof, HVAC, and a water heater.
The apartment features an eat-in kitchen with granite countertops and a tile backsplash, newer appliances, and a gas range. Interior finishes include hardwood floors throughout and recessed lighting, with central air conditioning. The layout provides ample storage and closet space. Tenants are responsible for all utilities except water and provide their own washer and dryer.
All measurements and rental figures referenced are approximate and subject to buyer verification.
The apartment features an eat-in kitchen with granite countertops and a tile backsplash, newer appliances, and a gas range. Interior finishes include hardwood floors throughout and recessed lighting, with central air conditioning. The layout provides ample storage and closet space. Tenants are responsible for all utilities except water and provide their own washer and dryer.
All measurements and rental figures referenced are approximate and subject to buyer verification.
Key Highlights
- Tenant‑occupied multi‑car garage and second‑floor apartment with immediate rental income
- Second‑floor apartment remodeled in 2019 with updated roof, HVAC, and a water heater
- Second‑floor unit includes eat‑in kitchen with granite countertops and tile backsplash plus newer appliances
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied second-floor apartment and a multi-car garage offer immediate rental income in South Philadelphia.
Where is this duplex located?
The property is located at 407 Pierce Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Tenant‑occupied multi‑car garage and second‑floor apartment with immediate rental income; Second‑floor apartment remodeled in 2019 with updated roof, HVAC, and a water heater; Second‑floor unit includes eat‑in kitchen with granite countertops and tile backsplash plus newer appliances
