Renovated Two-Unit
New
For Sale
$349,900
632 S 52ND STREET, Philadelphia, PA 19143
Two vacant apartments offer a choice of full occupancy or owner use with a separate rental unit.
Property Size1,800 SF
Price / SF$194.39
Days on Market6
Property Features for 632 S 52ND STREET
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Houwzer, LLC
Listed By:
Patricia M Gesswein · License #RS067440
(267) 765-2080
Source:
Cummingsrealtors
Added: Oct 16
Changed: Oct 20
Last Checked: Oct 20 at 10:21PM
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 Houwzer, LLC
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Investment Insights
Based on property information with market context.
This renovated Philadelphia duplex contains approximately 1,800 square feet across two vacant apartments: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Interior updates include new flooring, fresh paint, replacement windows in most of the property, and renovated kitchens and bathrooms. The first-floor apartment has an additional flex room; upstairs, a bay window, built-in shelving, and a decorative fireplace add character to the living room. A full unfinished basement has exterior access. Heating is natural gas, with public water and sewer service.
The property is at 632 S 52nd Street in West Philadelphia, with access to University City, the University of Pennsylvania, Drexel University, Clark Park, and the Baltimore Avenue corridor. SEPTA bus and trolley routes are nearby, and I-76, I-95, and Route 1 provide regional connections. Built in 1925, the duplex offers two distinct residential units and flexibility for occupancy or leasing.
The property is at 632 S 52nd Street in West Philadelphia, with access to University City, the University of Pennsylvania, Drexel University, Clark Park, and the Baltimore Avenue corridor. SEPTA bus and trolley routes are nearby, and I-76, I-95, and Route 1 provide regional connections. Built in 1925, the duplex offers two distinct residential units and flexibility for occupancy or leasing.
Key Highlights
- Two vacant apartments: one 2‑bedroom, 1‑bathroom unit and one 1‑bedroom, 1‑bathroom unit
- Approximately 1,800 square feet in a duplex built in 1925
- Renovated kitchens and bathrooms, updated flooring, and replacement windows in most of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,499
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
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
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 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 5.57%
Second Best
Apartment 5plus
$247.8K
$216.8K – $289.1K
NOI $17,344 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K
NOI $43,186 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,096
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant apartments offer a choice of full occupancy or owner use with a separate rental unit.
Where is this duplex located?
The property is located at 632 S 52ND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two vacant apartments: one 2‑bedroom, 1‑bathroom unit and one 1‑bedroom, 1‑bathroom unit; Approximately 1,800 square feet in a duplex built in 1925; Renovated kitchens and bathrooms, updated flooring, and replacement windows in most of the property
