Duplex with Private
New
For Sale
$285,000
607 S 52ND STREET, Philadelphia, PA 19143
Two occupied apartments have separate access, and the ground-floor residence opens onto a paved rear patio.
Property Size1,800 SF
Price / SF$158.33
Days on Market4
Property Features for 607 S 52ND STREET
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Duplex
Building Details
Year Built
1925
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Cherise Wynne
(215) 518-5193
Source:
Cummingsrealtors
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 1 at 11:21AM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
Built in 1925, this 1,800-square-foot duplex contains two apartments, each with two bedrooms and one full bathroom. The ground-floor unit has a living room adjoining an open kitchen and private access to a paved rear patio. Upstairs, a separate entrance leads to a living room with bay windows, a kitchen with a washer/dryer combination, two bedrooms, and a full bath. A full basement with Bilco-door access provides additional storage and utility space. Both apartments are occupied, and the property may be delivered with or without tenants. The sale is as-is.
At 607 S 52nd Street in Philadelphia, the property is near public transportation, shops, restaurants, and neighborhood amenities. Nearby destinations named include Malcolm X Park, Toast Cafe, University City, and Kingsessing Recreation Center. The 52nd Street corridor is described as developing.
At 607 S 52nd Street in Philadelphia, the property is near public transportation, shops, restaurants, and neighborhood amenities. Nearby destinations named include Malcolm X Park, Toast Cafe, University City, and Kingsessing Recreation Center. The 52nd Street corridor is described as developing.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 1,800 square feet; built in 1925
- Distinct entrances for the first- and second‑floor apartments
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,499
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$389,980
$390.0K
Cap Rate 7%
$278,557
$278.6K
Cap Rate 9%
$216,656
$216.7K
Market Conditions
NOI Build-Up for 1,800 SF
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.
Gross rent
$30.0K $16.68/SF
− Vacancy
−$2.2K −$1.20/SF
EGI
$27.9K $15.48/SF
− OpEx
−$8.4K −$4.64/SF
NOI
$19.5K $10.83/SF
Area
ZIP 19143
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$389,980
Cap Rate 7%
$278,557
Cap Rate 9%
$216,656
Alternative Uses
Best Use
Multifamily LT 5
$278.6K
$243.7K – $325.0K
NOI $19,499 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$247.8K
$216.8K – $289.1K
NOI $17,344 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K
NOI $43,186 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied apartments have separate access, and the ground-floor residence opens onto a paved rear patio.
Where is this duplex located?
The property is located at 607 S 52ND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 1,800 square feet; built in 1925; Distinct entrances for the first- and second‑floor apartments
