Detached Masonry
New
For Sale
$1,500,000
601 W FISHER Avenue, Philadelphia, PA 19120
Multi-Family, PHILADELPHIA, PA
Property Size4,800 SF
Lot Size0.74 Acres
Price / SF$312.50
Days on Market3
Property Features for 601 W FISHER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Parking Lot
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
4,800 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Annual Amount
2382
Building Details
Year built
1950
Number of units
2
Building materials
Masonry
Listing Agency:
Coldwell Banker Hearthside Realtors · Coldwell Banker Real Estate
(215) 379-2002
Listed By:
Lydia Vessels · License #RS164772L
(267) 254-0372
Added: Oct 7
Last Checked: Oct 9 at 11:06PM
MLS# PAPH2678462
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.
Investment Insights
Based on property information with market context.
This detached masonry duplex contains 4,800 square feet and was built in 1950. The property occupies a 0.74-acre lot and includes a parking lot, providing on-site parking for residents.
Key Highlights
- 4,800‑square‑foot detached masonry duplex
- 0.74‑acre lot
- Parking lot on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,998
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,960
$1.0M
Cap Rate 7%
$742,829
$742.8K
Cap Rate 9%
$577,756
$577.8K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$80.1K $16.68/SF
− Vacancy
−$5.8K −$1.20/SF
EGI
$74.3K $15.48/SF
− OpEx
−$22.3K −$4.64/SF
NOI
$52.0K $10.83/SF
Area
ZIP 19120
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,960
Cap Rate 7%
$742,829
Cap Rate 9%
$577,756
Alternative Uses
Best Use
Multifamily LT 5
$742.8K
$650.0K – $866.6K
NOI $51,998 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$660.7K
$578.1K – $770.8K
NOI $46,250 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,263 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,830
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - A surface parking lot and substantial site area accompany this masonry residential income property.
Where is this duplex located?
The property is located at 601 W FISHER Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,800‑square‑foot detached masonry duplex; 0.74‑acre lot; Parking lot on site
