Two-Unit Duplex with
For Sale
$150,000
Pending
522 W SOMERVILLE AVENUE, Philadelphia, PA 19120
Renovation-ready duplex with separate gas and electric utilities, a porch, and rear yard.
Property Size1,260 SF
Days on Market49
Property Features for 522 W SOMERVILLE AVENUE
General Information
Standard status
Pending
Size
1,260 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
ready for renovation
Site & Location
Neighborhood
Northwest Philadelphia
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Amenities
basement
front porch
rear yard
Building Details
Year Built
1940
Buildings
1
Listing Agency:
Tesla Realty Group, LLC
(844) 837-5274
Listed By:
Steve Burke Jr. · License #RS337988
(267) 471-0443
Source:
Cummingsrealtors
Added: Sep 16
Changed: Nov 1
Last Checked: Nov 1 at 4:54AM
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 Tesla Realty Group, LLC
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Investment Insights
Based on property information with market context.
This 1,260-square-foot duplex, built in 1940, is configured with a one-bedroom first-floor unit and a two-bedroom upper unit. The property is being sold in its current condition and offers a basement with very high ceilings, a front porch, and a rear yard. Separate gas and electric utilities serve the two-unit property.
Located at 522 W Somerville Avenue in Philadelphia, the property is near shopping, stores, public transportation, and other neighborhood amenities. The layout and existing features provide a defined starting point for renovation.
Located at 522 W Somerville Avenue in Philadelphia, the property is near shopping, stores, public transportation, and other neighborhood amenities. The layout and existing features provide a defined starting point for renovation.
Key Highlights
- 1,260‑square‑foot duplex built in 1940
- First‑floor unit has 1 bedroom and a kitchen
- Second‑floor unit includes 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,650
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,000
$273.0K
Cap Rate 7%
$195,000
$195.0K
Cap Rate 9%
$151,667
$151.7K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$21.0K $16.68/SF
− Vacancy
−$1.5K −$1.20/SF
EGI
$19.5K $15.48/SF
− OpEx
−$5.8K −$4.64/SF
NOI
$13.6K $10.83/SF
Area
ZIP 19120
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,000
Cap Rate 7%
$195,000
Cap Rate 9%
$151,667
Alternative Uses
Best Use
Multifamily LT 5
$195.0K
$170.6K – $227.5K
NOI $13,650 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$173.4K
$151.8K – $202.4K
NOI $12,141 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$301.0K
$263.4K – $351.2K
NOI $21,069 @ 7.0% cap · market cap 14.05%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,686
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Renovation-ready duplex with separate gas and electric utilities, a porch, and rear yard.
Where is this duplex located?
The property is located at 522 W SOMERVILLE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,260‑square‑foot duplex built in 1940; First‑floor unit has 1 bedroom and a kitchen; Second‑floor unit includes 2 bedrooms
