Duplex With Separate
New
For Sale
$165,000
524 W TABOR ROAD, Philadelphia, PA 19120
Two apartments provide distinct utility service, newer boilers, and rear-yard access for the first-floor residence.
Property Size1,510 SF
Days on Market2
Property Features for 524 W TABOR ROAD
General Information
Standard status
Active
Size
1,510 SF
Property subtype
Duplex
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,542
Building Details
Building Size
1,510 SF
Year Built
1919
Listing Agency:
Joseph F X Fasy Realtors
(215) 290-6264
Listed By:
Joseph F.X. Fasy Jr · License #AB069053
(215) 290-6264
Source:
Mainlinekw
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 3:27AM
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 Joseph F X Fasy Realtors
Investment Insights
Based on property information with market context.
Built in 1919, this Philadelphia duplex contains two residential units with separate utilities and newer boilers. The first-floor apartment includes one bedroom and one bathroom, along with access to a small rear yard. The second-floor apartment has two bedrooms and one bathroom. Both units are currently occupied, with the first-floor tenancy using Section 8 assistance. The property is being offered in its present condition at 524 W Tabor Road, Philadelphia, PA 19120.
Key Highlights
- Two‑unit duplex with separate utilities
- First‑floor unit includes 1 bedroom and 1 bathroom
- Second‑floor unit includes 2 bedrooms and 1 bathroom
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $18.96 |
| − Vacancy | −$2.2k | −$1.44 |
| EGI | $26.5k | $17.52 |
| − OpEx | −$11.9k | −$7.88 |
| NOI | $14.5k | $9.64 |
1,510 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.7K
$204.5K – $272.6K
NOI $16,358 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$207.9K
$181.9K – $242.5K
NOI $14,550 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$360.7K
$315.6K – $420.8K
NOI $25,249 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,897
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments provide distinct utility service, newer boilers, and rear-yard access for the first-floor residence.
Where is this duplex located?
The property is located at 524 W TABOR ROAD Philadelphia, PA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑unit duplex with separate utilities; First‑floor unit includes 1 bedroom and 1 bathroom; Second‑floor unit includes 2 bedrooms and 1 bathroom
