Duplex with Detached
New
For Sale
$495,000
410 PAOLI AVENUE, Philadelphia, PA 19128
Two-level duplex with separate kitchens, a full basement, hardwood flooring, and access to shopping, dining, parks, and public transportation.
Property Size1,544 SF
Price / SF$320.60
Days on Market6
Property Features for 410 PAOLI AVENUE
General Information
Standard status
Active
Size
1,544 SF
Total Parking Spaces
1
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
covered front porch
hardwood flooring
Building Details
Year Built
1952
Buildings
1
Stories
2
Listing Agency:
Long & Foster Real Estate, Inc.
(610) 804-6082
Listed By:
Loretta A McKeogh
(610) 804-6082
Source:
Cummingsrealtors
Added: Aug 6
Changed: Aug 11
Last Checked: Aug 11 at 6:11AM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This Philadelphia duplex contains two residential levels with distinct living areas. The first floor includes a two-bedroom layout with an eat-in kitchen featuring wood cabinetry, updated stainless steel dishwasher and oven, a living room, hall bathroom, and closet space. The second floor provides an eat-in kitchen, living room, hall bathroom, and one bedroom with a walk-in closet.
A full unfinished basement adds storage and workspace, along with a utility sink and laundry hookup. Additional improvements include hardwood flooring throughout, fresh paint, a covered front porch, and a detached one-car garage. Built in 1952, the property is located near shopping, restaurants, parks, public transportation, and major roads.
A full unfinished basement adds storage and workspace, along with a utility sink and laundry hookup. Additional improvements include hardwood flooring throughout, fresh paint, a covered front porch, and a detached one-car garage. Built in 1952, the property is located near shopping, restaurants, parks, public transportation, and major roads.
Key Highlights
- Two‑level duplex with two bedrooms on the first floor and one bedroom on the second
- Full unfinished basement with storage, workspace, utility sink, and laundry hookup
- Detached one‑car garage and covered front porch
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,348
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$526,960
$527.0K
Cap Rate 7%
$376,400
$376.4K
Cap Rate 9%
$292,756
$292.8K
Market Conditions
NOI Build-Up for 1,544 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.8K $25.80/SF
− Vacancy
−$2.2K −$1.42/SF
EGI
$37.6K $24.38/SF
− OpEx
−$11.3K −$7.31/SF
NOI
$26.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$526,960
Cap Rate 7%
$376,400
Cap Rate 9%
$292,756
Alternative Uses
Best Use
Multifamily LT 5
$376.4K
$329.4K – $439.1K
NOI $26,348 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$346.9K
$303.6K – $404.8K
NOI $24,286 @ 7.0% cap · market cap 4.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex with separate kitchens, a full basement, hardwood flooring, and access to shopping, dining, parks, and public transportation.
Where is this duplex located?
The property is located at 410 PAOLI AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑level duplex with two bedrooms on the first floor and one bedroom on the second; Full unfinished basement with storage, workspace, utility sink, and laundry hookup; Detached one‑car garage and covered front porch
