Two-Unit Duplex with Private
New
For Sale
$659,000
4730 KINGSESSING AVENUE, Philadelphia, PA 19143
A bilevel lower residence and an upper flat provide distinct living spaces within the three-story layout.
Property Size2,793 SF
Price / SF$235.95
Days on Market5
Property Features for 4730 KINGSESSING AVENUE
General Information
Standard status
Active
Size
2,793 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
rear yard
Building Details
Year Built
1892
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Melani Lamond · License #AB048377L
(215) 356-7266
Source:
Cummingsrealtors
Added: Sep 28
Changed: Sep 30
Last Checked: Sep 30 at 12:35PM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This 2,793-square-foot, three-story duplex contains two units. The lower residence spans the first and second floors, with a living room, central open room, full bath, and kitchen-dining area below; the upper level includes two bedrooms, an office or family room, and another bath. A separate two-bedroom flat occupies the third floor and includes a finished attic loft. The property was built in 1892 and retains pocket doors, mantels, natural woodwork, and hardwood floors. The lower unit has a newer kitchen and updated baths, and the property includes a large rear yard.
The property is in Philadelphia’s Cedar Park area, a few blocks from Clark Park. Shops and small restaurants along Baltimore Avenue are nearby, and the T3 trolley route is two blocks north on Chester Avenue. The route connects with Center City, University of Pennsylvania, Drexel University, and the 30th Street transportation hub. Both units are currently leased, with leases ending June 30, 2027, and July 31, 2027. Tenants pay separately for heat, hot water, and electricity.
The property is in Philadelphia’s Cedar Park area, a few blocks from Clark Park. Shops and small restaurants along Baltimore Avenue are nearby, and the T3 trolley route is two blocks north on Chester Avenue. The route connects with Center City, University of Pennsylvania, Drexel University, and the 30th Street transportation hub. Both units are currently leased, with leases ending June 30, 2027, and July 31, 2027. Tenants pay separately for heat, hot water, and electricity.
Key Highlights
- Two units in a 2,793‑square‑foot, three‑story duplex
- Lower unit spans the first and second floors; separate two‑bedroom flat on the third floor
- Finished attic loft, pocket doors, mantels, natural woodwork, and hardwood floors
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
$30,257
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
4.59%
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%
$605,140
$605.1K
Cap Rate 7%
$432,243
$432.2K
Cap Rate 9%
$336,189
$336.2K
Market Conditions
NOI Build-Up for 2,793 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
$46.6K $16.68/SF
− Vacancy
−$3.4K −$1.20/SF
EGI
$43.2K $15.48/SF
− OpEx
−$13.0K −$4.64/SF
NOI
$30.3K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
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%
$605,140
Cap Rate 7%
$432,243
Cap Rate 9%
$336,189
Alternative Uses
Best Use
Multifamily LT 5
$432.2K
$378.2K – $504.3K
NOI $30,257 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$384.5K
$336.4K – $448.5K
NOI $26,912 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$957.3K
$837.6K – $1.12M
NOI $67,011 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,507
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A bilevel lower residence and an upper flat provide distinct living spaces within the three-story layout.
Where is this duplex located?
The property is located at 4730 KINGSESSING AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two units in a 2,793‑square‑foot, three‑story duplex; Lower unit spans the first and second floors; separate two‑bedroom flat on the third floor; Finished attic loft, pocket doors, mantels, natural woodwork, and hardwood floors
