Brick Duplex with Two
For Sale
$409,900
523 FOSTER Street, Philadelphia, PA 19116
Multi-Family, PHILADELPHIA, PA
Property Size1,584 SF
Lot Size0.08 Acres
Price / SF$258.78
Days on Market53
Property Features for 523 FOSTER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Appliances
Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, WaterHeater
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,584 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
5154
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
gas oven/range
refrigerator
dishwasher
washer
dryer
Building Details
Year built
1965
Number of units
2
Building materials
Brick
Architectural style
Modern
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Inna Olson · License #AB068205
(215) 870-1364
Added: Sep 8
Changed: Oct 15
Last Checked: Oct 30 at 9:06AM
MLS# PAPH2668536
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 semi-detached duplex contains 1,584 square feet of finished living space across two 2bedroom/1 full bath units. Built in 1965, the property features brick construction and a Modern architectural style. Each unit includes a gas oven/range, refrigerator, dishwasher, washer, and dryer, providing a defined residential setup for occupants. Central heating and central air conditioning serve the building.
The property occupies a 0.0758-acre lot and includes on-street parking. Its configuration provides two separate residential units within one duplex structure, with kitchen and laundry appliances already present in each unit.
The property occupies a 0.0758-acre lot and includes on-street parking. Its configuration provides two separate residential units within one duplex structure, with kitchen and laundry appliances already present in each unit.
Key Highlights
- Two 2bedroom/1 full bath units
- 1,584 square feet of finished living space
- 0.0758‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,031
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,620
$540.6K
Cap Rate 7%
$386,157
$386.2K
Cap Rate 9%
$300,344
$300.3K
Market Conditions
NOI Build-Up for 1,584 SF
Gross rent
$40.9K $25.80/SF
− Vacancy
−$2.3K −$1.42/SF
EGI
$38.6K $24.38/SF
− OpEx
−$11.6K −$7.31/SF
NOI
$27.0K $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%
$540,620
Cap Rate 7%
$386,157
Cap Rate 9%
$300,344
Alternative Uses
Best Use
Multifamily LT 5
$386.2K
$337.9K – $450.5K
NOI $27,031 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$355.9K
$311.5K – $415.3K
NOI $24,916 @ 7.0% cap · market cap 6.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
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Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer full baths, laundry appliances, and equipped kitchens within a semi-detached layout.
Where is this duplex located?
The property is located at 523 FOSTER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Two 2bedroom/1 full bath units; 1,584 square feet of finished living space; 0.0758‑acre lot
