Renovated Legal
New
For Sale
$314,900
4955 N SMEDLEY STREET, Philadelphia, PA 19141
Renovated legal duplex with modern, open-concept units, updated kitchens and bathrooms, and a fully finished lower level.
Days on Market4
Property Features for 4955 N SMEDLEY STREET
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,280 SF
Year Built
1925
Listing Agency:
RE/MAX Access
(267) 546-7777
Listed By:
Aws Abdelaziz · License #RS346341
(267) 546-7777
Source:
Mainlinekw
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 11:37AM
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.
4955 N Smedley St presents a renovated legal duplex built in 1925, offering two updated residences designed for everyday living. Each unit features an open, light-filled layout with wide plank flooring and recessed lighting. Kitchens include white European-style flat panel cabinetry, matching European-style interior doors, quartz countertops, stainless steel appliances, and tile backsplashes. Both units also offer spacious bedrooms with ample natural light and fully updated bathrooms with marble-style tile and modern fixtures.
The property includes a fully finished lower level, adding flexible space that can support additional living areas, storage, or recreation. Outdoor living is supported by a private front porch and a fenced-in yard.
Set on a quiet block with convenient access to local amenities, schools, and public transportation, this duplex suits both owner-occupants and investors seeking a classic two-unit structure with substantial interior updates.
The property includes a fully finished lower level, adding flexible space that can support additional living areas, storage, or recreation. Outdoor living is supported by a private front porch and a fenced-in yard.
Set on a quiet block with convenient access to local amenities, schools, and public transportation, this duplex suits both owner-occupants and investors seeking a classic two-unit structure with substantial interior updates.
Key Highlights
- Renovated legal duplex with modern open‑concept layouts in both units
- Wide plank flooring and recessed lighting throughout each unit
- Updated kitchens with white European‑style cabinetry, quartz countertops, and stainless steel appliances
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 | $33.0k | $25.80 |
| − Vacancy | −$1.8k | −$1.42 |
| EGI | $31.2k | $24.38 |
| − OpEx | −$9.4k | −$7.31 |
| NOI | $21.8k | $17.06 |
1,280 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.1K
NOI $21,843 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K
NOI $20,134 @ 7.0% cap · market cap 6.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,315
Businesses Nearby
Explore this area
Business Placement
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated legal duplex with modern, open-concept units, updated kitchens and bathrooms, and a fully finished lower level.
Where is this duplex located?
The property is located at 4955 N SMEDLEY STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Renovated legal duplex with modern open‑concept layouts in both units; Wide plank flooring and recessed lighting throughout each unit; Updated kitchens with white European‑style cabinetry, quartz countertops, and stainless steel appliances
