Renovated Duplex with Separate
New
For Sale
$275,000
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 Market4
Property Features for 4735 LORING STREET
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Duplex
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: Sep 19
Last Checked: Sep 19 at 9:50AM
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
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 = 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
$21,502
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
7.82%
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%
$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
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
$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 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%
$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 7.82%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K
NOI $19,819 @ 7.0% cap · market cap 7.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Explore this area
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
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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 $275,000.
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
