Two-Unit Duplex with
For Sale
$469,900
634 GREEN LANE, Philadelphia, PA 19128
Both residences feature two bedrooms, hardwood flooring, and open layouts.
Property Size1,680 SF
Days on Market13
Property Features for 634 GREEN LANE
General Information
Standard status
Active
Size
1,680 SF
Total Parking Spaces
4
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Philadelphia
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,466
Amenities
on-site laundry
storage
Building Details
Building Size
1,680 SF
Year Built
1970
Buildings
1
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Tracy Slowik
(484) 841-8400
Source:
Lizclarkrealestate
Added: Oct 12
Changed: Oct 21
Last Checked: Oct 23 at 1:14PM
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
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Investment Insights
Based on property information with market context.
Built in 1970, this duplex contains two residences, each with 2 bedrooms, hardwood floors, and an open floor plan. A shared basement provides laundry areas and storage, while separate gas and electric utilities serve the units. Parking includes a 2-car garage and two driveway spaces.
Neighborhood shops, restaurants, and public transportation are one block away. The entrance to Wissahickon Valley Park is steps from the property, with walking, hiking, and biking trails in the park.
Neighborhood shops, restaurants, and public transportation are one block away. The entrance to Wissahickon Valley Park is steps from the property, with walking, hiking, and biking trails in the park.
Key Highlights
- Two residences, each with 2 bedrooms
- 2‑car garage plus 2 driveway parking spaces
- Separate gas and electric utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,669
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,380
$573.4K
Cap Rate 7%
$409,557
$409.6K
Cap Rate 9%
$318,544
$318.5K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$43.3K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$41.0K $24.38/SF
− OpEx
−$12.3K −$7.31/SF
NOI
$28.7K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,380
Cap Rate 7%
$409,557
Cap Rate 9%
$318,544
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,669 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 5.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature two bedrooms, hardwood flooring, and open layouts.
Where is this duplex located?
The property is located at 634 GREEN LANE Philadelphia, PA.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms; 2‑car garage plus 2 driveway parking spaces; Separate gas and electric utilities
