Duplex with Finished
For Sale
$299,900
Pending
4609 VAN KIRK STREET, Philadelphia, PA 19135
Each residence includes two bedrooms, a kitchen, and a full bathroom.
Property Size1,280 SF
Days on Market17
Property Features for 4609 VAN KIRK STREET
General Information
Standard status
Pending
Size
1,280 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,328
Building Details
Building Size
1,280 SF
Year Built
1920
Listing Agency:
Keller Williams Realty Devon-Wayne
Listed By:
Blerina Kotarja · License #RS377586
(215) 900-1693
Source:
Lizclarkrealestate
Added: Sep 24
Changed: Oct 8
Last Checked: Oct 10 at 1:45AM
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 Realty Devon-Wayne
Investment Insights
Based on property information with market context.
Built in 1920, this two-unit duplex has a two-bedroom layout on each floor. The first-floor residence includes a finished basement and access to the backyard; the upper unit has its own entrance. Both units have a living room, kitchen, and full bathroom.
A private driveway provides off-street parking. The property is near I-95 North and South, along with major roadways, shopping, and public transportation.
A private driveway provides off-street parking. The property is near I-95 North and South, along with major roadways, shopping, and public transportation.
Key Highlights
- Two‑unit duplex built in 1920
- Two bedrooms, kitchen, and full bathroom in each unit
- Finished basement and backyard access for the first‑floor unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,843
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,860
$436.9K
Cap Rate 7%
$312,043
$312.0K
Cap Rate 9%
$242,700
$242.7K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$33.0K $25.80/SF
− Vacancy
−$1.8K −$1.42/SF
EGI
$31.2K $24.38/SF
− OpEx
−$9.4K −$7.31/SF
NOI
$21.8K $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%
$436,860
Cap Rate 7%
$312,043
Cap Rate 9%
$242,700
Alternative Uses
Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.1K
NOI $21,843 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K
NOI $20,134 @ 7.0% cap · market cap 6.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, a kitchen, and a full bathroom.
Where is this duplex located?
The property is located at 4609 VAN KIRK STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; Two bedrooms, kitchen, and full bathroom in each unit; Finished basement and backyard access for the first‑floor unit
