Well-Maintained Duplex Investment
6625 Lansdowne Avenue Philadelphia, PA 19151
6625 Lansdowne Avenue, Philadelphia, PA, 19151
$224,900
For Sale
$224,900
Duplex with immediate income potential in Philadelphia, PA.
Property Size1,290 SF
Price / SF$174.34
Days on Market84
Property Features for 6625 Lansdowne Avenue
General Information
- Standard status
- Active
- Size
- 1,290 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1910
Listing Agency
Keller Williams Main Line
(215) 267-8479
Listed by
James William Kennedy IV · License #RS369076
(215) 267-8479
Source
Compass
Added: Apr 28 Updated: Jul 10 at 1:37 pm Checked: Jul 20 at 3:37 am
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 Main Line
Investment Insights
Based on property information with market context.
This well-maintained duplex presents an investment opportunity with immediate income potential. The multi-unit property features two separately configured units. Unit 1, tenant-occupied at $950 per month plus $35 per month for water with a lease through August 2026, includes 1 bedroom and 1 full bathroom. Unit 2 is currently vacant and marketed for $1,000 per month plus $45 per month for water, offering immediate leasing potential; this unit features 2 bedrooms and 1 full bathroom. The property features luxury vinyl plank flooring throughout, with tile flooring in the bathrooms. Located in Philadelphia, PA 19151, the property is within the PHILADELPHIA CITY School District.
Key Highlights
- Immediate income potential: Unit 1 tenant‑occupied at $950/month plus $35/month for water through August 2026.
- Unit 2 is vacant and ready to be leased at $1,000/month plus $45/month for water or for owner‑occupancy.
- Versatile duplex suitable for investors or owner‑occupants seeking rental income.
Local Financial Insights For Apartment 5plus
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 | $39.2k | $30.36 |
| − Vacancy | −$2.3k | −$1.76 |
| EGI | $36.9k | $28.60 |
| − OpEx | −$16.6k | −$12.87 |
| NOI | $20.3k | $15.73 |
1,290 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.5K
$275.2K – $366.9K
NOI $22,014 @ 7.0% cap · market cap 9.79%
Second Best
Apartment 5plus
$289.9K
$253.6K – $338.2K
NOI $20,291 @ 7.0% cap · market cap 9.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with immediate income potential in Philadelphia, PA.
Where is this duplex located?
The property is located at 6625 Lansdowne Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Immediate income potential: Unit 1 tenant‑occupied at $950/month plus $35/month for water through August 2026.; Unit 2 is vacant and ready to be leased at $1,000/month plus $45/month for water or for owner‑occupancy.; Versatile duplex suitable for investors or owner‑occupants seeking rental income.
