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4817 North 11th Street, Philadelphia, PA, 19141
Renovated Brick Duplex Investment

4817 North 11th Street Philadelphia, PA 19141

For Sale
$319,900

Newly renovated brick duplex offers one 2-bedroom and one 3-bedroom unit with a full basement.

Property Size1,140 SF
Price / SF$280.61
Days on Market46

Property Features for 4817 North 11th Street

General Information

Standard status
Active
Size
1,140 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1935
Listing Agency: Realty Mark Associates
Listed By: Edgardo Arquitola · License #RS331318
Source: Compass
Added: Jun 9 Changed: Jul 21 Last Checked: Jul 23 at 10:42AM

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 Realty Mark Associates


Investment Insights

Based on property information with market context.

This newly renovated brick duplex features two vacant units, providing flexibility for either an owner-occupant or a straightforward rental setup. One unit offers 2 bedrooms, and the other offers 3 bedrooms, with bright living areas, functional kitchens, and comfortable layouts. Each unit benefits from separate living spaces, and the full basement adds additional bedrooms along with storage and utility space.

The property is located in Philadelphia’s Logan section and is described as being convenient to public transportation and everyday needs, including shopping, schools, parks, restaurants, and hospitals, with access to major highways. Transportation details indicate a bus stop and metro/subway station within about one mile, and a commuter rail station within one to five miles.

The duplex is positioned as a manageable Philadelphia multifamily opportunity with both units available, plus basement space for added utility and potential bedroom count.

Key Highlights

  • Newly renovated brick duplex in Philadelphia’s Logan section (2 separate units)
  • Unit mix: one 2‑bedroom unit and one 3‑bedroom unit
  • Full basement with additional bedrooms, storage, and utility space

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 $29.4k $25.80
− Vacancy −$1.6k −$1.42
EGI $27.8k $24.38
− OpEx −$8.3k −$7.31
NOI $19.5k $17.06
1,140 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$277.9K
$243.2K – $324.2K (±1% cap)
NOI $19,454 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$256.2K
$224.2K – $298.9K (±1% cap)
NOI $17,932 @ 7.0% cap · market cap 5.61%
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

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

FAQs

What type of property is this?
Duplex - Newly renovated brick duplex offers one 2-bedroom and one 3-bedroom unit with a full basement.
Where is this duplex located?
The property is located at 4817 North 11th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Newly renovated brick duplex in Philadelphia’s Logan section (2 separate units); Unit mix: one 2‑bedroom unit and one 3‑bedroom unit; Full basement with additional bedrooms, storage, and utility space
More about this property
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