Renovated Legal
For Sale
$314,900
4955 N SMEDLEY Street, Philadelphia, PA 19141
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,280 SF
Lot Size0.02 Acres
Price / SF$246.02
Days on Market104
Property Features for 4955 N SMEDLEY Street
General Information
Property type
Residential Multi Family
Property subtype
Other
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
Building Details
Year built
1925
Number of units
1
Building materials
Masonry
Architectural style
Other
Listing Agency:
RE/MAX Access · RE/MAX International
(215) 400-2600
Listed By:
Aws Abdelaziz · License #RS346341
(267) 546-7777
Added: Apr 21
Changed: Jun 9
Last Checked: Aug 2 at 10:06AM
MLS# PAPH2610840
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.
Investment Insights
Based on property information with market context.
4955 Smedley Street presents a beautifully renovated legal duplex configured for two separate residences. Each unit features an open, light-filled layout with wide plank flooring and recessed lighting, along with contemporary finishes throughout. The kitchens include white European-style flat panel cabinetry, matching interior doors, quartz countertops, stainless steel appliances, and tile backsplashes. Both units offer spacious bedrooms with ample natural light and fully updated bathrooms with marble-style tile and modern fixtures. A fully finished lower level adds additional usable space for living, storage, or recreation, and the property includes outdoor areas such as a private front porch and a fenced-in yard.
The duplex is located on a quiet block in Philadelphia, with convenient access to local amenities, schools, and public transportation.
This property is well-suited for an owner-occupant seeking one unit to live in while renting the other, or for a buyer looking for a straightforward residential income setup. With extensive interior updates already in place and added flexible space in the lower level, the layout supports everyday functionality for tenants or multiple family living arrangements.
The duplex is located on a quiet block in Philadelphia, with convenient access to local amenities, schools, and public transportation.
This property is well-suited for an owner-occupant seeking one unit to live in while renting the other, or for a buyer looking for a straightforward residential income setup. With extensive interior updates already in place and added flexible space in the lower level, the layout supports everyday functionality for tenants or multiple family living arrangements.
Key Highlights
- Renovated legal duplex with strong income potential.
- Modern design with open, light‑filled layouts and high‑end finishes.
- Fully finished lower level provides flexible 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 | $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
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey legal duplex with updated interiors, fenced yard, and a finished lower level for flexible tenant or owner 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 $314,900.
What are key features of this property?
This property features: Renovated legal duplex with strong income potential.; Modern design with open, light‑filled layouts and high‑end finishes.; Fully finished lower level provides flexible space.
