Renovated Duplex with In-Unit
4758 Mercer Street Philadelphia, PA 19137
4758 Mercer Street, Philadelphia, PA, 19137
$344,900
For Sale
$344,900
Fully renovated duplex offers two two-bedroom, one-bath units with in-unit washer/dryer and updated kitchens.
Property Size1,257 SF
Price / SF$274.38
Days on Market101
Property Features for 4758 Mercer Street
General Information
- Standard status
- Active
- Size
- 1,257 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agency
Better Homes Realty Group
(215) 938-7800
Listed by
Michael Cirillo · License #RM423301
(215) 938-7800
Source
Compass
Added: Apr 13 Updated: Jul 22 at 12:51PM Checked: Jul 22 at 12:51PM
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 Better Homes Realty Group
Investment Insights
Based on property information with market context.
This fully renovated duplex features two separate units, each offering a two-bedroom, one-bath layout. Updates include refreshed interiors with modern finishes, updated kitchens with a refrigerator and range included, and in-unit washer and dryer for each unit. The property has also undergone full systems upgrades, including brand new plumbing, new mechanicals, and separately metered electric.
The first-floor unit is tenant-occupied, creating immediate income. The second-floor unit provides flexibility for additional rental income or owner occupancy. A roof certification is included with the sale.
With separate metering and in-unit laundry, the property is designed to be low-maintenance while supporting straightforward tenant utility responsibility and day-to-day usability for residents.
The first-floor unit is tenant-occupied, creating immediate income. The second-floor unit provides flexibility for additional rental income or owner occupancy. A roof certification is included with the sale.
With separate metering and in-unit laundry, the property is designed to be low-maintenance while supporting straightforward tenant utility responsibility and day-to-day usability for residents.
Key Highlights
- Fully renovated duplex built in 1925 with two units, each with a 2‑bedroom, 1‑bath layout
- Each unit includes an updated kitchen with refrigerator and range included
- In‑unit washer and dryer in both units for added day‑to‑day convenience
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $25.80 |
| − Vacancy | −$1.8k | −$1.42 |
| EGI | $30.6k | $24.38 |
| − OpEx | −$9.2k | −$7.31 |
| NOI | $21.5k | $17.06 |
1,257 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$306.4K
$268.1K – $357.5K
NOI $21,451 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$282.5K
$247.2K – $329.5K
NOI $19,772 @ 7.0% cap · market cap 5.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully renovated duplex offers two two-bedroom, one-bath units with in-unit washer/dryer and updated kitchens.
Where is this duplex located?
The property is located at 4758 Mercer Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Fully renovated duplex built in 1925 with two units, each with a 2‑bedroom, 1‑bath layout; Each unit includes an updated kitchen with refrigerator and range included; In‑unit washer and dryer in both units for added day‑to‑day convenience
