Two-Unit
New
For Sale
$190,000
4660 CASTOR AVENUE, Philadelphia, PA 19124
Income-producing residential property with two one-bedroom apartments near schools, shopping, and public transportation.
Property Size1,280 SF
Days on Market2
Property Features for 4660 CASTOR AVENUE
General Information
Standard status
Active
Size
1,280 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$22,800
Taxes and HOA fees
Annual Taxes
$3,013
Building Details
Building Size
1,280 SF
Year Built
1940
Tenancy
Multi
Listing Agency:
ISS Realty, LLC
(718) 909-8680
Listed By:
tal iss · License #RM425812
(718) 909-8680
Source:
Mainlinekw
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 2:17AM
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 ISS Realty, LLC
Investment Insights
Based on property information with market context.
This duplex at 4660 Castor Avenue contains two one-bedroom, one-bathroom apartments. The residential income property was built in 1940 and is currently occupied by tenants, providing an established two-unit configuration for an investor or owner seeking a rental asset.
The property is located in Philadelphia, PA 19124, in an area described as being near schools, shopping, and public transportation. Each apartment offers a compact one-bedroom layout, creating a consistent unit mix across the building.
The property is located in Philadelphia, PA 19124, in an area described as being near schools, shopping, and public transportation. Each apartment offers a compact one-bedroom layout, creating a consistent unit mix across the building.
Key Highlights
- Two‑unit duplex with two one‑bedroom, one‑bathroom apartments
- Built in 1940
- Both apartments are currently rented
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 | $25.3k | $19.80 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $23.6k | $18.41 |
| − OpEx | −$7.1k | −$5.52 |
| NOI | $16.5k | $12.89 |
1,280 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K
NOI $16,494 @ 7.0% cap · market cap 8.68%
Second Best
Apartment 5plus
$216.8K
$189.7K – $252.9K
NOI $15,176 @ 7.0% cap · market cap 7.99%
Theoretical Best
Specialty Retail
$736.3K
$644.2K – $859.0K
NOI $51,539 @ 7.0% cap · market cap 27.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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 - Income-producing residential property with two one-bedroom apartments near schools, shopping, and public transportation.
Where is this duplex located?
The property is located at 4660 CASTOR AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two‑unit duplex with two one‑bedroom, one‑bathroom apartments; Built in 1940; Both apartments are currently rented
