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Renovated Duplex with Finished Lower Level
New
For Sale
$309,900

4955 N SMEDLEY Street, Philadelphia, PA 19141

Multi-Family, PHILADELPHIA, PA

Property Size1,280 SF
Lot Size0.02 Acres
Price / SF$242.11
Days on Market3

Property Features for 4955 N SMEDLEY Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Alley
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,280 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 1921

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Amenities

wide plank flooring
recessed lighting
European-style cabinetry
quartz countertops
stainless steel appliances
marble-style tile bathrooms
finished lower level
private front porch
fenced-in yard

Building Details

Year built 1925
Number of units 2
Building materials Masonry
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Access · RE/MAX International
Listed By: Aws Abdelaziz · License #RS346341
Added: Oct 26 Last Checked: Oct 28 at 3:06PM
MLS# PAPH2684548

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.

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Investment Insights

Based on property information with market context.

This masonry duplex contains 1,280 square feet across two units and a finished lower level. Interior improvements include wide-plank floors, recessed lighting, quartz kitchen counters, stainless steel appliances, and refreshed bathrooms with contemporary fixtures. A private front porch and fenced yard add outdoor space. Central air and hot-water heat serve the property, which was built in 1925.

The property is on Smedley Street in Philadelphia, with access to local amenities, schools, and public transportation. Alley access is listed among its parking features.

Key Highlights

  • Legal duplex with 1,280 square feet of building area
  • Finished lower level, front porch, and fenced yard
  • Updated kitchens with quartz counters and stainless steel appliances

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 (±1% cap)
NOI $21,843 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.6K (±1% cap)
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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,315
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences feature updated kitchens and baths, plus a front porch and enclosed yard.
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 1,280 square feet of building area; Finished lower level, front porch, and fenced yard; Updated kitchens with quartz counters and stainless steel appliances
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