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Vacant Duplex with Basement Access
For Sale
$139,900

4753 RORER ST, Philadelphia, PA 19120

Two-level duplex with separate living areas, gas cooking, patios, and basement access.

Property Size1,248 SF
Price / SF$112.10
Days on Market15

Property Features for 4753 RORER ST

General Information

Standard status Active
Size 1,248 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

front patio
skylight

Building Details

Buildings 1
Listing Agency: RE/MAX Access
Listed By: Chuong Van Tran · License #AB066680
Source: Keygroupmd
Added: Aug 21 Changed: Aug 30 Last Checked: Sep 4 at 11:34AM

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 RE/MAX Access

Investment Insights

Based on property information with market context.

This 1,248-square-foot duplex at 4753 RORER ST is vacant in both units. The first-floor residence includes a living room, powder room, kitchen with gas range, rear bedroom, and access to a basement with a full bathroom. The second-floor unit offers a formal dining room, eat-in kitchen with gas range, hall bathroom with shower-tub combination, and a front bedroom with hardwood flooring, a skylight, and extensive closet space.

Additional features include a front patio, shared foyer entry, rear driveway access, and a garage currently used for storage. The property is located in Juniata Park, Philadelphia, PA 19120.

Key Highlights

  • Both units are currently vacant
  • 1,248‑square‑foot duplex
  • First‑floor unit includes basement access and a full bathroom

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
$12,025
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
8.60%
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%
$240,500 $240.5K
Cap Rate 7%
$171,786 $171.8K
Cap Rate 9%
$133,611 $133.6K
Market Conditions
NOI Build-Up for 1,248 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
$23.7K $18.96/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$21.9K $17.52/SF
− OpEx
−$9.8K −$7.88/SF
NOI
$12.0K $9.64/SF
Area
ZIP 19120
Vacancy
7.60%
Lease Rate
$18.96 /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%
$240,500
Cap Rate 7%
$171,786
Cap Rate 9%
$133,611

Alternative Uses

Best Use
Multifamily LT 5
$193.1K
$169.0K – $225.3K (±1% cap)
NOI $13,520 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$171.8K
$150.3K – $200.4K (±1% cap)
NOI $12,025 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$298.1K
$260.9K – $347.8K (±1% cap)
NOI $20,868 @ 7.0% cap · market cap 14.92%
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 Electrical Service

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

847
Businesses Nearby

Demographics for 19120, PA

66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
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 - Two-level duplex with separate living areas, gas cooking, patios, and basement access.
Where is this duplex located?
The property is located at 4753 RORER ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Both units are currently vacant; 1,248‑square‑foot duplex; First‑floor unit includes basement access and a full bathroom
More about this property
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