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Five-Bedroom Duplex with Basement
For Sale
$279,900

4727 NORTHWOOD STREET, Philadelphia, PA 19124

Tenant-occupied duplex with two distinct residences, rear outdoor space, and a built-in garage requiring repair.

Property Size2,144 SF
Price / SF$130.55
Days on Market39

Property Features for 4727 NORTHWOOD STREET

General Information

Standard status Active
Size 2,144 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 2

Additional Details

Furnished No

Taxes and HOA fees

Annual Taxes $3,653

Building Details

Building Size 2,144 SF
Year Built 1935
Buildings 1
Listing Agency: Opulent Realty Group LLC
Listed By: Nicole Koger-Ford · License #RS369442
Source: Mainlinekw
Added: Aug 1 Changed: Aug 28 Last Checked: Sep 7 at 9:40AM

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 Opulent Realty Group LLC

Investment Insights

Based on property information with market context.

Built in 1935, this tenant-occupied duplex contains approximately 2,144 square feet across two residences. The first floor includes two bedrooms and two full bathrooms, while the upper residence spans two levels with three bedrooms and two full bathrooms. A full basement, rear outdoor area, and built-in two-car garage are also part of the property; the garage requires repair.

Located at 4727 Northwood Street in Philadelphia, the property is offered strictly as-is, with the seller making no repairs. Showings are available by appointment on Saturdays and Sundays from 12:00 a.m. to 4:00 p.m. Buyers are responsible for verifying zoning, licensing, permitted use, square footage, and other property information.

Key Highlights

  • Two residences with a combined five bedrooms and four full bathrooms
  • Approximately 2,144 square feet in a duplex configuration
  • First‑floor unit offers 2 bedrooms and 2 full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,420
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$508,400 $508.4K
Cap Rate 7%
$363,143 $363.1K
Cap Rate 9%
$282,444 $282.4K
Market Conditions
NOI Build-Up for 2,144 SF 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.
Gross rent
$49.9K $23.28/SF
− Vacancy
−$3.7K −$1.72/SF
EGI
$46.2K $21.56/SF
− OpEx
−$20.8K −$9.70/SF
NOI
$25.4K $11.86/SF
Area
ZIP 19124
Vacancy
7.40%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$508,400
Cap Rate 7%
$363,143
Cap Rate 9%
$282,444

Alternative Uses

Best Use
Multifamily LT 5
$394.7K
$345.3K – $460.5K (±1% cap)
NOI $27,627 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$363.1K
$317.8K – $423.7K (±1% cap)
NOI $25,420 @ 7.0% cap · market cap 9.08%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,328 @ 7.0% cap · market cap 30.84%
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 Parking Lot & Garage Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,366
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
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with two distinct residences, rear outdoor space, and a built-in garage requiring repair.
Where is this duplex located?
The property is located at 4727 NORTHWOOD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two residences with a combined five bedrooms and four full bathrooms; Approximately 2,144 square feet in a duplex configuration; First‑floor unit offers 2 bedrooms and 2 full bathrooms
More about this property
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