Duplex with Finished Lower
New
For Sale
$309,900
4955 N SMEDLEY STREET, Philadelphia, PA 19141
Both residences have updated kitchens and bathrooms, complemented by a finished lower level for flexible use.
Property Size1,280 SF
Days on Market7
Property Features for 4955 N SMEDLEY STREET
General Information
Standard status
Active
Size
1,280 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Philadelphia
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,921
Amenities
private front porch
fenced-in yard
fully finished lower level
Building Details
Building Size
1,280 SF
Year Built
1925
Buildings
1
Listing Agency:
RE/MAX Access
Listed By:
Aws Abdelaziz · License #RS346341
(267) 546-7777
Source:
Mainlinekw
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 30 at 8:04PM
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
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Investment Insights
Based on property information with market context.
This 1925 duplex contains two residences, each with an open layout, wide-plank flooring, recessed lighting, and contemporary finishes. Both kitchens include quartz counters, stainless steel appliances, flat-panel cabinetry, and tile backsplashes. Updated bathrooms and naturally lit bedrooms serve each unit. A finished lower level provides additional space for living, storage, or recreation.
Outdoor features include a front porch and fenced yard. The property is in Philadelphia, with access to local amenities, schools, and public transportation.
Outdoor features include a front porch and fenced yard. The property is in Philadelphia, with access to local amenities, schools, and public transportation.
Key Highlights
- Legal duplex with two residential units
- Built in 1925
- Finished lower level offers additional living, storage, or recreation space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,843
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,860
$436.9K
Cap Rate 7%
$312,043
$312.0K
Cap Rate 9%
$242,700
$242.7K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$33.0K $25.80/SF
− Vacancy
−$1.8K −$1.42/SF
EGI
$31.2K $24.38/SF
− OpEx
−$9.4K −$7.31/SF
NOI
$21.8K $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%
$436,860
Cap Rate 7%
$312,043
Cap Rate 9%
$242,700
Alternative Uses
Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.1K
NOI $21,843 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K
NOI $20,134 @ 7.0% cap · market cap 6.50%
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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Open Analytics
Lease Details
2
Residential units
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have updated kitchens and bathrooms, complemented by a finished lower level for flexible use.
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 $309,900.
What are key features of this property?
This property features: Legal duplex with two residential units; Built in 1925; Finished lower level offers additional living, storage, or recreation space
