Duplex with Separate
New
For Sale
$395,000
521 N 35TH Street, Philadelphia, PA 19104
Multi-Family, PHILADELPHIA, PA
Property Size1,850 SF
Lot Size0.02 Acres
Price / SF$213.51
Days on Market4
Property Features for 521 N 35TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Fireplace
1
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,850 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
9004
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1930
Number of units
2
Building materials
Masonry
Listing Agency:
New Age Realty Group Inc
Listed By:
Nicole Caprario · License #RS320794
(215) 387-1002
Added: Oct 7
Last Checked: Oct 10 at 1:06AM
MLS# PAPH2676562
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.
This Philadelphia duplex contains two residences: one with two bedrooms and one with four. The masonry building was constructed in 1930 and measures 1,850 square feet on a 0.0243-acre lot. Separate utilities serve the units. Building systems include forced-air heating and central air conditioning, and the property also has a fireplace.
The property is at 521 N 35TH Street, north of 35th and Spring Garden. Drexel University, public transportation, major highways, and neighborhood amenities are identified in the surrounding area.
The property is at 521 N 35TH Street, north of 35th and Spring Garden. Drexel University, public transportation, major highways, and neighborhood amenities are identified in the surrounding area.
Key Highlights
- Two‑unit duplex with one two‑bedroom residence and one four‑bedroom residence
- 1,850 square feet on a 0.0243‑acre lot
- Separate utilities for the residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,570
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,400
$631.4K
Cap Rate 7%
$451,000
$451.0K
Cap Rate 9%
$350,778
$350.8K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$47.7K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.1K $24.38/SF
− OpEx
−$13.5K −$7.31/SF
NOI
$31.6K $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%
$631,400
Cap Rate 7%
$451,000
Cap Rate 9%
$350,778
Alternative Uses
Best Use
Multifamily LT 5
$451.0K
$394.6K – $526.2K
NOI $31,570 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$415.7K
$363.8K – $485.0K
NOI $29,100 @ 7.0% cap · market cap 7.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,589
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a two-bedroom and a four-bedroom configuration in a masonry building with central air conditioning.
Where is this duplex located?
The property is located at 521 N 35TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex with one two‑bedroom residence and one four‑bedroom residence; 1,850 square feet on a 0.0243‑acre lot; Separate utilities for the residences
