Renovated 2-Unit
New
For Sale
$299,000
4911 W GIRARD AVENUE, Philadelphia, PA 19131
Two two-bedroom residences are paired with private driveway parking for two vehicles.
Property Size1,428 SF
Days on Market6
Property Features for 4911 W GIRARD AVENUE
General Information
Standard status
Active
Size
1,428 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Cathedral Park
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,392
Building Details
Building Size
1,428 SF
Year Built
1915
Listing Agency:
KW Empower
Listed By:
Eric Land · License #RS363265
(609) 992-8248
Source:
Patmckennarealtors
Added: Oct 19
Changed: Oct 24
Last Checked: Oct 23 at 1:47PM
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
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Investment Insights
Based on property information with market context.
This duplex contains two two-bedroom units, each described as renovated. Private driveway parking accommodates two vehicles, providing off-street parking for the property.
Built in 1915, the building is located at 4911 W Girard Avenue in Philadelphia, Pennsylvania. The two-unit layout combines residential space with on-site parking.
Built in 1915, the building is located at 4911 W Girard Avenue in Philadelphia, Pennsylvania. The two-unit layout combines residential space with on-site parking.
Key Highlights
- Two renovated units, each with 2 bedrooms
- Private driveway parking for 2 vehicles
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,369
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,380
$487.4K
Cap Rate 7%
$348,129
$348.1K
Cap Rate 9%
$270,767
$270.8K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$36.8K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$34.8K $24.38/SF
− OpEx
−$10.4K −$7.31/SF
NOI
$24.4K $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 Rate 5%
$487,380
Cap Rate 7%
$348,129
Cap Rate 9%
$270,767
Alternative Uses
Best Use
Multifamily LT 5
$348.1K
$304.6K – $406.2K
NOI $24,369 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$320.9K
$280.8K – $374.4K
NOI $22,462 @ 7.0% cap · market cap 7.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,343
Businesses Nearby
Explore this area
Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences are paired with private driveway parking for two vehicles.
Where is this duplex located?
The property is located at 4911 W GIRARD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two renovated units, each with 2 bedrooms; Private driveway parking for 2 vehicles; Built in 1915
