547 Allengrove Street, Philadelphia, PA 19120
A two-bedroom duplex configured for owner-occupancy or rental income, with driveway parking for added convenience.
- Added:
- Jan 19, 2026
- Days on Market:
- 169
- Last Refresh:
- Jul 7 at 1:53 am
Property Features for 547 Allengrove Street
General Information
- Standard status
- Active
- Size
- 1,716 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1974
Listing office Long & Foster Real Estate, Inc. (856) 222-0077
Listing date Jan 19, 2026
Source Thetristaterealestategroup
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 Long & Foster Real Estate, Inc.
HighLights
- Duplex built in 1974 with 2‑bedroom units
- Owner‑occupy or rent configuration with a natural gas heating system (hot water: natural gas)
- Driveway parking available
- Lot size 0.04 acres (22.00 x 70.00) per assessor records
Overview
The property includes a driveway and is positioned for convenient access to nearby amenities, including Northeast Tower Center. It is also noted as being near Route 1 and Houseman Playground, which can support everyday errands and recreation.
For a buyer looking to replace rent with ownership, the layout supports an owner-occupant arrangement where one unit can be lived in while the neighboring unit helps offset expenses. For investors, the duplex configuration provides two separate residential units within the same property. As presented, the building’s size and unit count make it a straightforward option for those seeking a residential income property with an owner-friendly option and driveway parking.
Local Financial Insights For Multifamily LT 5
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 | $16.68 |
| − Vacancy | −$2.1k | −$1.20 |
| EGI | $26.6k | $15.48 |
| − OpEx | −$8.0k | −$4.64 |
| NOI | $18.6k | $10.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1052988
- Latitude
- 40.0399066
