Masonry Duplex with Separate
For Sale
$165,000
524 W TABOR Road, Philadelphia, PA 19120
Multi-Family, PHILADELPHIA, PA
Property Size1,510 SF
Lot Size0.03 Acres
Price / SF$109.27
Days on Market325
Property Features for 524 W TABOR Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
OLNEY
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,510 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2542
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1919
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Joseph F X Fasy Realtors
(215) 745-8500
Listed By:
Joseph F.X. Fasy Jr · License #AB069053
(215) 290-6264
Added: Dec 10, 2025
Changed: Aug 31
Last Checked: Oct 31 at 4:06AM
MLS# PAPH2566052
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.
Built in 1919, this 1,510-square-foot masonry duplex contains two separately configured apartments. The lower residence has one bedroom and one bathroom, along with access to a small rear yard. The upper apartment provides two bedrooms and one bathroom. Separate utilities and newer boilers serve the building, while basement space is also included.
The property is located at 524 W TABOR Road in Philadelphia, PA 19120. On-street parking is available. Both units are currently leased, including a first-floor residence occupied through Section 8 and a second-floor residence with an existing tenant. The property is offered in its current condition.
The property is located at 524 W TABOR Road in Philadelphia, PA 19120. On-street parking is available. Both units are currently leased, including a first-floor residence occupied through Section 8 and a second-floor residence with an existing tenant. The property is offered in its current condition.
Key Highlights
- Two‑unit duplex with a 1‑bedroom/1‑bath lower apartment and a 2‑bedroom/1‑bath upper apartment
- 1,510 square feet of masonry construction, built in 1919
- Separate utility systems serve the two residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,550
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,000
$291.0K
Cap Rate 7%
$207,857
$207.9K
Cap Rate 9%
$161,667
$161.7K
Market Conditions
NOI Build-Up for 1,510 SF
Gross rent
$28.6K $18.96/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$26.5K $17.52/SF
− OpEx
−$11.9K −$7.88/SF
NOI
$14.5K $9.64/SF
Area
ZIP 19120
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,000
Cap Rate 7%
$207,857
Cap Rate 9%
$161,667
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,897
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature separate utility systems, newer boilers, and access to a small rear yard.
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 a 1‑bedroom/1‑bath lower apartment and a 2‑bedroom/1‑bath upper apartment; 1,510 square feet of masonry construction, built in 1919; Separate utility systems serve the two residential units
