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Duplex With 2022 Exterior Improvements
For Sale
$280,000

4684 HAWTHORNE Street, Philadelphia, PA 19124

MULTI_FAMILY - Colonial - PHILADELPHIA, PA

Property Size1,582 SF
Lot Size0.05 Acres
Price / SF$176.99
Days on Market52

Property Features for 4684 HAWTHORNE Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Subdivision FRANKFORD
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,582 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 2593

Utilities

Heating system Other (Heating)

Building Details

Year built 1925
Number of units 2
Building materials Masonry
Architectural style Colonial
Listing Agency: Realty Mark Associates
Listed By: Valeriya Moroz · License #RS365495
Added: Jun 10 Last Checked: Jul 31 at 9:06AM
MLS# PAPH2631502

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 includes two separate units. The first unit features 4 bedrooms and 1 full bath, with spacious living areas designed for a range of household setups. The second unit offers 2 bedrooms and 1 full bath and is currently tenant-occupied. Per the listing, the second unit is at $1,200 per month and has two years remaining on the lease.

The property is located at 4684 Hawthorne Street in Philadelphia, PA 19124. The listing notes convenient access to nearby shopping, dining, schools, parks, and major commuter routes, supporting day-to-day livability for tenants.

Recent capital improvements were completed in 2022, including a new roof, new siding, and new central air conditioning, which may help reduce near-term maintenance concerns. With one unit currently generating rental income under an in-place lease and the other unit configured with 4 bedrooms, the property can fit investors seeking rental stability as well as owner-occupants who want rental revenue to help offset their housing costs.

Key Highlights

  • Well‑maintained Colonial duplex built in 1925 with masonry construction
  • Second unit is tenant‑occupied at $1,200/month with a lease term showing two years remaining
  • First unit offers 4 bedrooms and 1 full bath; second unit offers 2 bedrooms and 1 full bath

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 $31.3k $19.80
− Vacancy −$2.2k −$1.39
EGI $29.1k $18.41
− OpEx −$8.7k −$5.52
NOI $20.4k $12.89
1,582 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$291.2K
$254.8K – $339.8K (±1% cap)
NOI $20,385 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$268.0K
$234.5K – $312.6K (±1% cap)
NOI $18,757 @ 7.0% cap · market cap 6.70%
Theoretical Best
Specialty Retail
$910.0K
$796.2K – $1.06M (±1% cap)
NOI $63,699 @ 7.0% cap · market cap 22.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,785
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with a tenant-occupied unit and 2022 roof, siding, and central air upgrades to support ongoing upkeep.
Where is this duplex located?
The property is located at 4684 HAWTHORNE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Well‑maintained Colonial duplex built in 1925 with masonry construction; Second unit is tenant‑occupied at $1,200/month with a lease term showing two years remaining; First unit offers 4 bedrooms and 1 full bath; second unit offers 2 bedrooms and 1 full bath
More about this property
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