Renovated Duplex with Separate
For Sale
$250,000
4735 LORING STREET, Philadelphia, PA 19136
Two-unit property with updated systems, private laundry, and flexible lower-level space.
Property Size1,260 SF
Days on Market50
Property Features for 4735 LORING STREET
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northeast Philadelphia
Taxes and HOA fees
Annual Taxes
$1,452
Building Details
Building Size
1,260 SF
Year Built
1953
Listing Agency:
KW Empower
Listed By:
Stacy L Sanseverino · License #RS281613
(512) 991-5648
Source:
Lizclarkrealestate
Added: Sep 17
Changed: Oct 31
Last Checked: Nov 4 at 7:47PM
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 KW Empower
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Investment Insights
Based on property information with market context.
This duplex includes two separate residential units, each with its own kitchen, bathroom, and laundry facilities. The first-floor residence has two bedrooms, a living room connected to the kitchen, a half bath, and access to a lower level with a full bathroom, laundry, unfinished storage or expansion area, and exterior entry. The upper unit offers adaptable front and rear rooms, an eat-in kitchen, full bathroom, and private laundry. A detached garage provides additional owner-use or leasing flexibility.
Improvements completed since the 2022 renovation include a new roof, chimney relining, multiple replacement windows and doors, upgraded flooring, and two new boilers. One boiler was installed in 2022 and the other in 2024. One unit is occupied on a month-to-month arrangement, while the other is available for occupancy or leasing. The property has a cap rate exceeding 9%.
The address is approximately half a mile from Holmesburg SEPTA Regional Rail, with access to I-95, nearby bus routes, and the Tacony-Palmyra Bridge. Charles A. Russo Playground is one block away.
Improvements completed since the 2022 renovation include a new roof, chimney relining, multiple replacement windows and doors, upgraded flooring, and two new boilers. One boiler was installed in 2022 and the other in 2024. One unit is occupied on a month-to-month arrangement, while the other is available for occupancy or leasing. The property has a cap rate exceeding 9%.
The address is approximately half a mile from Holmesburg SEPTA Regional Rail, with access to I-95, nearby bus routes, and the Tacony-Palmyra Bridge. Charles A. Russo Playground is one block away.
Key Highlights
- Two‑unit duplex with separate kitchens, bathrooms, and laundry facilities
- Detached garage is separate from Unit 1’s lease and may support owner use or separate leasing
- Roof, windows, doors, flooring, and chimney improved after the 2022 renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,502
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,040
$430.0K
Cap Rate 7%
$307,171
$307.2K
Cap Rate 9%
$238,911
$238.9K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$32.5K $25.80/SF
− Vacancy
−$1.8K −$1.42/SF
EGI
$30.7K $24.38/SF
− OpEx
−$9.2K −$7.31/SF
NOI
$21.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,040
Cap Rate 7%
$307,171
Cap Rate 9%
$238,911
Alternative Uses
Best Use
Multifamily LT 5
$307.2K
$268.8K – $358.4K
NOI $21,502 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K
NOI $19,819 @ 7.0% cap · market cap 7.93%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
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Business Placement
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated systems, private laundry, and flexible lower-level space.
Where is this duplex located?
The property is located at 4735 LORING STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with separate kitchens, bathrooms, and laundry facilities; Detached garage is separate from Unit 1’s lease and may support owner use or separate leasing; Roof, windows, doors, flooring, and chimney improved after the 2022 renovation
