University City Duplex For
For Sale
$675,000
4631 LOCUST Street, Philadelphia, PA 19139
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,950 SF
Lot Size0.03 Acres
Price / SF$346.15
Days on Market110
Property Features for 4631 LOCUST Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,950 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
8251
Utilities
Cooling system
Central Air
Building Details
Year built
1925
Number of units
2
Building materials
Masonry
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Nadia T Bilynsky · License #RS311101
(215) 413-4900
Added: Apr 13
Changed: Jun 9
Last Checked: Jul 31 at 3:06AM
MLS# PAPH2607266
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 property at 4631 Locust St. is a duplex located in University City. The property contains one 4-bedroom, 2-bathroom unit and one 3-bedroom, 1-bathroom unit. Each unit is self-contained and features newer kitchens, bathrooms, flooring, and systems, as well as a washer and dryer. Situated on a corner lot on a tree-lined block, the property is suitable for investors seeking a turn-key investment or for owner-occupants who wish to live in one unit and lease out the other. The property size is 1950 square feet and the lot size is 0.0344 acres.
Key Highlights
- Turn‑key duplex in desirable University City location.
- Features one 4 bed/2 bath unit and one 3 bed/1 bath unit.
- Newer kitchens, baths, flooring, and systems in both units.
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 | $50.3k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $47.5k | $24.38 |
| − OpEx | −$14.3k | −$7.31 |
| NOI | $33.3k | $17.06 |
1,950 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$475.4K
$416.0K – $554.6K
NOI $33,277 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$438.2K
$383.4K – $511.2K
NOI $30,673 @ 7.0% cap · market cap 4.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,441
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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 - Turn-key duplex in University City with newer units.
Where is this duplex located?
The property is located at 4631 LOCUST Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Turn‑key duplex in desirable University City location.; Features one 4 bed/2 bath unit and one 3 bed/1 bath unit.; Newer kitchens, baths, flooring, and systems in both units.
