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    Roxborough Twin Duplex Opportunity Title is generated by Realmo AI

    481 GERHARD Street, Philadelphia, PA 19128

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    Claim this Listing
    For Sale
    Under Contract
    $399,900

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,927 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $207/SF
    Added:
    Mar 8, 2026
    Days on Market:
    123
    Last Refresh:
    Jul 9 at 9:06 am

    Property Features for 481 GERHARD Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Size
    1,927 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6894

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1925
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Other

    We can help!

    Contact an agent
    Charles V Swartz

    Listing agent Charles V Swartz License #AB067841

    Listing office Re/Max One Realty 521 Bustleton Pike, Philadelphia, PA

    Listing date Mar 8, 2026

    MLS# PAPH2589938 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key investment property with potential for owner occupancy.
    • First‑floor unit is recently refurbished and vacant.
    • Large front porch and rear yard.
    • First‑floor unit features hardwood floors, high ceilings, and great light.
    • Second and third‑floor unit is occupied and features 3 bedrooms, newer kitchen and bathroom, and laundry area.
    • Full basement with laundry area and storage.

    Overview

    This porch-front Roxborough twin duplex presents an opportunity for investors or owner-occupants. The first-floor unit, recently refurbished, is currently vacant. A common entrance from the front porch leads to both the first and second-floor units. The first-floor unit features a living room with hardwood floors, high ceilings, and ample natural light. The kitchen includes 36-inch hardwood cabinets, a tile backsplash, and an eat-in butcher-block countertop. The bedroom, located at the back of the unit, has new wall-to-wall carpeting. The 3-piece tile bathroom has also been recently refurbished. The first-floor unit provides access to a large, full basement with a laundry area and storage space. A small rear room offers additional storage and leads to the large rear yard. The second and third-floor unit is currently occupied and features three bedrooms, a newer ceramic tile kitchen and bathroom, and a laundry area. The property offers lots of natural light and space. The property is located in Philadelphia, PA, and has a lot size of 0.1051 acres. The property size is 1927 square feet.

    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 $49.7k $25.80
    − Vacancy −$2.7k −$1.42
    EGI $47.0k $24.38
    − OpEx −$14.1k −$7.31
    NOI $32.9k $17.06
    1,927 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $469.8K
    $411.1K – $548.1K (±1% cap)
    NOI $32,884 @ 7.0% cap · market cap 8.22%
    Second Best
    Apartment 5plus
    $433.0K
    $378.9K – $505.2K (±1% cap)
    NOI $30,311 @ 7.0% cap · market cap 7.58%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Dental Office Electrical Service Auto Parts Store Carpet & Flooring Store Storage Facility Accounting Firm Home Appliance Store (Bike/Boat/Book/etc) Store Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2127762
    Latitude
    40.0301285

    FAQs

    What type of property is this?
    Duplex - Turn-key investment property in Philadelphia's Roxborough neighborhood.
    Where is this duplex located?
    The property is located at 481 GERHARD Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Turn‑key investment property with potential for owner occupancy.; **First‑floor unit is recently refurbished and vacant.**; Large front porch and rear yard.
    More about this property
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