Duplex with Two Rental
For Sale
$245,000
707 S 52ND STREET, Philadelphia, PA 19143
Two distinct residences support an owner-occupant arrangement or separate rental use.
Property Size1,792 SF
Price / SF$136.72
Days on Market101
Property Features for 707 S 52ND STREET
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,799
Building Details
Building Size
1,792 SF
Year Built
1925
Listing Agency:
Velvet Rope Homes
(215) 279-0591
Listed By:
Maurice A Richardson · License #RM425462
(215) 279-0591
Source:
Patmckennarealtors
Added: Apr 27
Changed: Aug 4
Last Checked: Aug 4 at 3:48AM
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 Velvet Rope Homes
Investment Insights
Based on property information with market context.
Built in 1925, this 1,792-square-foot duplex contains two separate residences with a practical mix of one two-bedroom, one-bath unit and one one-bedroom, one-bath unit. The configuration supports occupancy of one residence while the other is used independently, subject to applicable requirements.
The property is positioned along the 52nd Street corridor, with shops, restaurants, public transportation, and daily services nearby. Access to University City, Center City, and major roadways adds connectivity for residents and commuters. The combination of two units and an established urban setting provides a straightforward multifamily format for an owner-occupant or rental operator.
The property is positioned along the 52nd Street corridor, with shops, restaurants, public transportation, and daily services nearby. Access to University City, Center City, and major roadways adds connectivity for residents and commuters. The combination of two units and an established urban setting provides a straightforward multifamily format for an owner-occupant or rental operator.
Key Highlights
- 1,792‑square‑foot duplex built in 1925
- Two separate residential units
- Unit mix includes 2 bedrooms and 1 bath, plus 1 bedroom and 1 bath
Financial Insights For Multifamily LT 5
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 | $29.9k | $16.68 |
| − Vacancy | −$2.2k | −$1.20 |
| EGI | $27.7k | $15.48 |
| − OpEx | −$8.3k | −$4.64 |
| NOI | $19.4k | $10.83 |
1,792 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.3K
$242.7K – $323.6K
NOI $19,413 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$246.7K
$215.8K – $287.8K
NOI $17,267 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$614.2K
$537.4K – $716.6K
NOI $42,994 @ 7.0% cap · market cap 17.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,877
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences support an owner-occupant arrangement or separate rental use.
Where is this duplex located?
The property is located at 707 S 52ND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 1,792‑square‑foot duplex built in 1925; Two separate residential units; Unit mix includes 2 bedrooms and 1 bath, plus 1 bedroom and 1 bath
