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Two-Unit Duplex
For Sale
$168,000

626 E ALLEGHENY AVENUE, Philadelphia, PA 19134

Month-to-month leases support flexible residential income management.

Property Size1,173 SF
Days on Market492

Property Features for 626 E ALLEGHENY AVENUE

General Information

Standard status Active
Size 1,173 SF
Property subtype Duplex

Financials

Cap Rate 7.3%
Gross Income $18,000
Average Monthly Rent $800
Opportunity Zone Yes

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $977

Building Details

Building Size 1,173 SF
Year Built 1920
Buildings 1
Listing Agency: KW Empower
Listed By: Minh Nguyen-Rivera · License #RS333589
Source: Mainlinekw
Added: Apr 1, 2025 Changed: Aug 4 Last Checked: Aug 5 at 5:02AM

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 KW Empower

Investment Insights

Based on property information with market context.

Built in 1920, this duplex at 626 E Allegheny Avenue contains two residential units. The first-floor residence offers one bedroom and one bathroom, while the second-floor unit includes two bedrooms and one bathroom. Both leases are month-to-month, providing flexible lease-term management.

The property is positioned near trolley and bus service, the L Blue Train, I-95, and routes connecting to New Jersey and the broader Tri-State area. Philadelphia International Airport is described as less than 10 minutes away. The surrounding area includes medical institutions, commercial corridors, food establishments, and nearby development activity. The building is also identified as being within a Qualified Opportunity Zone.

Key Highlights

  • Two‑unit duplex built in 1920
  • First‑floor unit: 1 bed/1 bath
  • Second‑floor unit: 2 bed/1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,614
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Month-to-month leases support flexible residential income management.
Where is this duplex located?
The property is located at 626 E ALLEGHENY AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $168,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; First‑floor unit: 1 bed/1 bath; Second‑floor unit: 2 bed/1 bath
More about this property
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