Two-Unit
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 Market16
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
Changed: Oct 21
Last Checked: Oct 22 at 3:06AM
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.
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Investment Insights
Based on property information with market context.
At 521 N 35th Street, this masonry duplex contains 1,850 square feet across a two-bedroom unit and a bi-level four-bedroom unit. Separate utilities serve the residences. Built in 1930, the property has forced-air heating, central air conditioning, and a fireplace.
The building is in Philadelphia’s West Philadelphia area, north of Spring Garden Street and near Drexel University. Public transportation and major highways are accessible from the property.
The building is in Philadelphia’s West Philadelphia area, north of Spring Garden Street and near Drexel University. Public transportation and major highways are accessible from the property.
Key Highlights
- Two residences: a two‑bedroom unit and a bi‑level four‑bedroom unit
- 1,850 square feet of building area on a 0.0243‑acre lot
- Separate utilities for the units
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.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve a two-bedroom residence and a bi-level four-bedroom residence.
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 residences: a two‑bedroom unit and a bi‑level four‑bedroom unit; 1,850 square feet of building area on a 0.0243‑acre lot; Separate utilities for the units
