Occupied Duplex with Two
For Sale
$314,900
4401 BLEIGH AVENUE, Philadelphia, PA 19136
Both residences are leased, and the property includes a fenced rear yard.
Property Size1,384 SF
Days on Market10
Property Features for 4401 BLEIGH AVENUE
General Information
Standard status
Active
Size
1,384 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
Northeast Philadelphia
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Amenities
fenced-in rear yard
Building Details
Building Size
1,384 SF
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
City & Suburban Real Estate
Listed By:
Stefan H Schecter · License #RS361135
(215) 338-3200
Source:
Tmft.kw
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 30 at 10:58AM
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 City & Suburban Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two occupied residential units and two garages. The property was built in 1950 and includes a fenced rear yard.
Located on Bleigh Avenue in Philadelphia, the property is in the Mayfair neighborhood.
Located on Bleigh Avenue in Philadelphia, the property is in the Mayfair neighborhood.
Key Highlights
- Two occupied residential units
- Two garages
- Fenced rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,618
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,360
$472.4K
Cap Rate 7%
$337,400
$337.4K
Cap Rate 9%
$262,422
$262.4K
Market Conditions
NOI Build-Up for 1,384 SF
Gross rent
$35.7K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$33.7K $24.38/SF
− OpEx
−$10.1K −$7.31/SF
NOI
$23.6K $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%
$472,360
Cap Rate 7%
$337,400
Cap Rate 9%
$262,422
Alternative Uses
Best Use
Multifamily LT 5
$337.4K
$295.2K – $393.6K
NOI $23,618 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$311.0K
$272.1K – $362.8K
NOI $21,770 @ 7.0% cap · market cap 6.91%
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
1,660
Businesses Nearby
Explore this area
Business Placement
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value
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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 - Both residences are leased, and the property includes a fenced rear yard.
Where is this duplex located?
The property is located at 4401 BLEIGH AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two occupied residential units; Two garages; Fenced rear yard
