Duplex with Private Outdoor
New
For Sale
$775,000
523 N 20TH Street, Philadelphia, PA 19130
Multi-Family, PHILADELPHIA, PA
Property Size2,100 SF
Lot Size0.03 Acres
Price / SF$369.05
Days on Market2
Property Features for 523 N 20TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room, Basement
Parking features
On Street
Interior features
Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s)
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer
Subdivision
ART MUSEUM AREA
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,100 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
8386
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s)
Amenities
in-unit washer and dryer
private deck
private yard
ceiling fans
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
SERHANT PENNSYLVANIA LLC
(610) 635-9977
Listed By:
Michael T. Dougherty · License #RS336999
(267) 432-6555
Added: Oct 16
Last Checked: Oct 17 at 5:06PM
MLS# PAPH2678578
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 brick duplex contains two apartments within 2,100 square feet. The first-floor residence has one bedroom, a full bath, hardwood floors, a kitchen, and access to the basement and rear yard. Above, a renovated bi-level unit offers two bedrooms and one full bath across approximately 1,200 square feet. Its features include hardwood flooring, granite counters, stainless steel appliances, an eat-in kitchen, walk-in closets, and an in-unit washer and dryer. A private deck serves the upper apartment, while the lower unit has its own rear yard.
The property is in Philadelphia’s Art Museum neighborhood, near the Philadelphia Museum of Art, the Barnes Foundation, the Rodin Museum, Kelly Drive, Boathouse Row, and the Franklin Institute. Nearby retail and dining options named include Whole Foods, Target, Wawa, and Sabrina’s Cafe. Built in 1920, the building has forced-air heating and window-unit cooling.
The property is in Philadelphia’s Art Museum neighborhood, near the Philadelphia Museum of Art, the Barnes Foundation, the Rodin Museum, Kelly Drive, Boathouse Row, and the Franklin Institute. Nearby retail and dining options named include Whole Foods, Target, Wawa, and Sabrina’s Cafe. Built in 1920, the building has forced-air heating and window-unit cooling.
Key Highlights
- Two‑unit brick duplex with 2,100 square feet of building area
- First‑floor apartment has 1 bedroom, 1 full bathroom, and rear yard access
- Renovated upper bi‑level residence offers approximately 1,200 square feet, 2 bedrooms, and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,836
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,720
$716.7K
Cap Rate 7%
$511,943
$511.9K
Cap Rate 9%
$398,178
$398.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$54.2K $25.80/SF
− Vacancy
−$3.0K −$1.42/SF
EGI
$51.2K $24.38/SF
− OpEx
−$15.4K −$7.31/SF
NOI
$35.8K $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%
$716,720
Cap Rate 7%
$511,943
Cap Rate 9%
$398,178
Alternative Uses
Best Use
Multifamily LT 5
$511.9K
$448.0K – $597.3K
NOI $35,836 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.5K
NOI $33,032 @ 7.0% cap · market cap 4.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,868
Businesses Nearby
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Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
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 - The two apartments comprise a one-bedroom ground-floor unit and a two-bedroom upper residence.
Where is this duplex located?
The property is located at 523 N 20TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑unit brick duplex with 2,100 square feet of building area; First‑floor apartment has 1 bedroom, 1 full bathroom, and rear yard access; Renovated upper bi‑level residence offers approximately 1,200 square feet, 2 bedrooms, and 1 full bathroom
