Well-Maintained Duplex with Two
For Sale
$479,000
Pending
610 Green Lane, Philadelphia, PA 19128
Two 2-bedroom units with separate utilities, plus shared basement laundry and storage, suited for owner-occupants or investors.
Property Size1,680 SF
Days on Market66
Property Features for 610 Green Lane
General Information
Standard status
Pending
Size
1,680 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Fee Simple
Additional Details
Multifamily Units
2
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
Keller Williams Real Estate-Blue Bell
(215) 817-0320
Listed By:
Albert F LaBrusciano · License #RS149026A
(215) 817-0320
Source:
Compass
Added: May 27
Changed: Jul 10
Last Checked: Jul 24 at 2:56PM
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 Keller Williams Real Estate-Blue Bell
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two spacious residential units, each configured with two bedrooms and an open floor plan for everyday living. The property includes a 2-car garage as well as two additional driveway parking spaces, supporting convenient off-street parking. Utilities are separated by unit with separate gas and electric service, offering operational flexibility for both owner-occupants and investors. A shared basement provides laundry areas along with ample storage.
The property is located in Philadelphia and is described as being just one block from local shops and public transportation, with access to the entrance of Wissahickon Park. The listing also notes nearby scenic walking trails that connect toward Valley Green. Transportation details include a bus stop less than 1 mile and a commuter rail station between 1 and 5 miles.
As a duplex, the layout is well-suited for a tenant-occupied strategy or an owner-occupant plan where one unit can be lived in while the other helps offset expenses. With independent gas and electric utilities and shared basement laundry and storage, the configuration supports practical day-to-day management. The combination of two separate units, parking, and a dependable living layout makes this property a strong fit for buyers specifically seeking a straightforward residential income asset or a live-in duplex.
The property is located in Philadelphia and is described as being just one block from local shops and public transportation, with access to the entrance of Wissahickon Park. The listing also notes nearby scenic walking trails that connect toward Valley Green. Transportation details include a bus stop less than 1 mile and a commuter rail station between 1 and 5 miles.
As a duplex, the layout is well-suited for a tenant-occupied strategy or an owner-occupant plan where one unit can be lived in while the other helps offset expenses. With independent gas and electric utilities and shared basement laundry and storage, the configuration supports practical day-to-day management. The combination of two separate units, parking, and a dependable living layout makes this property a strong fit for buyers specifically seeking a straightforward residential income asset or a live-in duplex.
Key Highlights
- Duplex with two 2‑bedroom units and open floor plans
- Separate gas and electric utilities for each side
- Shared basement includes laundry area and ample storage
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 | $43.3k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.0k | $24.38 |
| − OpEx | −$12.3k | −$7.31 |
| NOI | $28.7k | $17.06 |
1,680 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,669 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 5.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
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 2-bedroom units with separate utilities, plus shared basement laundry and storage, suited for owner-occupants or investors.
Where is this duplex located?
The property is located at 610 Green Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom units and open floor plans; Separate gas and electric utilities for each side; Shared basement includes laundry area and ample storage
