Two-Unit Duplex with Basement
For Sale
$469,000
7034 VALLEY AVENUE, Philadelphia, PA 19128
Two residential units offer kitchens, dining areas, living rooms, and full baths, with shared basement laundry and storage.
Property Size1,606 SF
Days on Market102
Property Features for 7034 VALLEY AVENUE
General Information
Standard status
Active
Size
1,606 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,267
Amenities
laundry area
storage rooms
Building Details
Building Size
1,606 SF
Year Built
1968
Buildings
1
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
Albert F LaBrusciano · License #RS149026A
(215) 817-0320
Source:
Lizclarkrealestate
Added: May 30
Changed: Sep 3
Last Checked: Sep 8 at 10:55AM
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.
Built in 1968, this duplex contains two residential units with matching layouts. Each unit includes two bedrooms, ample closet space, a full kitchen connected to a dining area, and a comfortable living room. Full hall bathrooms feature tub-and-shower combinations, and each residence also has a storage closet.
The shared basement adds a dedicated storage room for each unit along with a sizable laundry area. One unit is vacant, while the other provides an existing residential occupancy arrangement. The property is in Roxborough, with public transportation, shopping, dining, and local parks located minutes away. Its two-unit configuration supports both traditional rental ownership and an owner-occupant arrangement with a separate unit.
The shared basement adds a dedicated storage room for each unit along with a sizable laundry area. One unit is vacant, while the other provides an existing residential occupancy arrangement. The property is in Roxborough, with public transportation, shopping, dining, and local parks located minutes away. Its two-unit configuration supports both traditional rental ownership and an owner-occupant arrangement with a separate unit.
Key Highlights
- Two‑unit duplex built in 1968
- Each unit includes 2 bedrooms and a full hall bath
- Full kitchens open to dining areas; living rooms included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,406
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$548,120
$548.1K
Cap Rate 7%
$391,514
$391.5K
Cap Rate 9%
$304,511
$304.5K
Market Conditions
NOI Build-Up for 1,606 SF
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.
Gross rent
$41.4K $25.80/SF
− Vacancy
−$2.3K −$1.42/SF
EGI
$39.2K $24.38/SF
− OpEx
−$11.7K −$7.31/SF
NOI
$27.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$548,120
Cap Rate 7%
$391,514
Cap Rate 9%
$304,511
Alternative Uses
Best Use
Multifamily LT 5
$391.5K
$342.6K – $456.8K
NOI $27,406 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$360.9K
$315.8K – $421.0K
NOI $25,262 @ 7.0% cap · market cap 5.39%
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
Location Intelligence
Trade Area within ½ mile
409
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 residential units offer kitchens, dining areas, living rooms, and full baths, with shared basement laundry and storage.
Where is this duplex located?
The property is located at 7034 VALLEY AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1968; Each unit includes 2 bedrooms and a full hall bath; Full kitchens open to dining areas; living rooms included
