Rented Duplex Investment
4611 TAMPA Street Philadelphia, PA 19120
4611 TAMPA Street, Philadelphia, PA, 19120
$240,000
For Sale
$240,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,092 SF
Price / SF$219.78
Days on Market10
Property Features for 4611 TAMPA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,092 SF
Taxes and HOA fees
- Tax Annual Amount
- 2740
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Brick Front
- Architectural style
- Other
Listing Agency
RE/MAX Select Group
(267) 520-3711
7139 Germantown Avenue unit: 41, Philadelphia, PA
Listed by
Krystal Melendez · License #RS354873
(484) 664-9035
Added: Jul 9 Checked: Jul 18 at 2:06 am
MLS# PAPH2646404
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained duplex is fully rented and set up for immediate income. The property features two occupied units, each with long-term tenants and a strong payment history, supporting consistent rental performance. Public remarks indicate there are no renovations or major work needed, positioning the asset as a turnkey option for an owner who wants to start generating returns promptly.
Located at 4611 Tampa Street in Philadelphia, Pennsylvania, the property is offered for sale with both units currently occupied. Prospective buyers should consider the current tenant occupancy as part of their evaluation.
The duplex configuration includes two separate residential units within a single property, providing an owner with multiple income-producing spaces while maintaining a straightforward investment structure.
Located at 4611 Tampa Street in Philadelphia, Pennsylvania, the property is offered for sale with both units currently occupied. Prospective buyers should consider the current tenant occupancy as part of their evaluation.
The duplex configuration includes two separate residential units within a single property, providing an owner with multiple income-producing spaces while maintaining a straightforward investment structure.
Key Highlights
- Duplex at 4611 Tampa Street in Philadelphia with both units currently occupied by long‑term tenants
- Fully rented, income‑producing duplex with immediate rental income
- Brick‑front exterior and year built 1930
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.2k | $16.68 |
| − Vacancy | −$1.3k | −$1.20 |
| EGI | $16.9k | $15.48 |
| − OpEx | −$5.1k | −$4.64 |
| NOI | $11.8k | $10.83 |
1,092 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$169.0K
$147.9K – $197.2K
NOI $11,830 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$150.3K
$131.5K – $175.4K
NOI $10,522 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$260.9K
$228.3K – $304.3K
NOI $18,260 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two occupied units and long-term tenants, producing immediate rental income.
Where is this duplex located?
The property is located at 4611 TAMPA Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Duplex at 4611 Tampa Street in Philadelphia with both units currently occupied by long‑term tenants; Fully rented, income‑producing duplex with immediate rental income; Brick‑front exterior and year built 1930
