Leased Duplex Investment
For Sale
$625,000
433 POPLAR ST, Philadelphia, PA 19123
Fully occupied duplex with two leased units, offering 2-bed/1.5-bath and 1-bed/1-bath configurations.
Property Size1,504 SF
Price / SF$415.56
Days on Market98
Property Features for 433 POPLAR ST
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Multi-family
Occupancy
100%
Site & Location
Neighborhood
North Philadelphia
Additional Details
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Jayna Zoeiro
(215) 813-1322
Source:
Sandrasellstheshore
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 28 at 8:35AM
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 KW Empower
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Investment Insights
Based on property information with market context.
433 Poplar Street is a fully occupied, income-producing duplex in Philadelphia, currently offering two leased units. The first-floor unit features two bedrooms and 1.5 bathrooms with a functional layout. The second-floor unit offers one bedroom and one full bathroom. Both units are leased, providing rental income in place.
The property is situated in Northern Liberties, with convenient access to area restaurants, coffee shops, boutiques, parks, and public transportation, supporting a walkable daily lifestyle for tenants.
This is a straightforward duplex configuration for investors seeking an immediately producing asset with a mix of unit sizes.
The property is situated in Northern Liberties, with convenient access to area restaurants, coffee shops, boutiques, parks, and public transportation, supporting a walkable daily lifestyle for tenants.
This is a straightforward duplex configuration for investors seeking an immediately producing asset with a mix of unit sizes.
Key Highlights
- Fully occupied duplex with both units currently leased for consistent rental income
- 1st‑floor unit: 2 bedrooms and 1.5 bathrooms with a functional layout
- 2nd‑floor unit: 1 bedroom and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,666
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,320
$513.3K
Cap Rate 7%
$366,657
$366.7K
Cap Rate 9%
$285,178
$285.2K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$38.8K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.7K $24.38/SF
− OpEx
−$11.0K −$7.31/SF
NOI
$25.7K $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%
$513,320
Cap Rate 7%
$366,657
Cap Rate 9%
$285,178
Alternative Uses
Best Use
Multifamily LT 5
$366.7K
$320.8K – $427.8K
NOI $25,666 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$338.0K
$295.7K – $394.3K
NOI $23,657 @ 7.0% cap · market cap 3.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,645
Businesses Nearby
Explore this area
Business Placement
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two leased units, offering 2-bed/1.5-bath and 1-bed/1-bath configurations.
Where is this duplex located?
The property is located at 433 POPLAR ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Fully occupied duplex with both units currently leased for consistent rental income; 1st‑floor unit: 2 bedrooms and 1.5 bathrooms with a functional layout; 2nd‑floor unit: 1 bedroom and 1 full bathroom
