Duplex with Rear
7106 DEVON Street, Philadelphia, PA 19119
For Sale
$379,900
Multi-Family, PHILADELPHIA, PA
Property Size1,856 SF
Lot Size0.08 Acres
Price / SF$204.69
Days on Market50
Property Features for 7106 DEVON Street
General Information
Property type
Property subtype
Rooms
Parking features
Interior features
Appliances
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Amenities
hardwood flooring
laundry in basement
rear yard
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Bernice Jean-Louis · License PA RS339561
(610) 605-7401
Added: Sep 24
Changed: Oct 25
Last Checked: Nov 12 at 6:06PM
MLS# PAPH2671316
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This masonry duplex contains 1,856 square feet across two occupied apartments. Each unit has two bedrooms and one bathroom, with hardwood floors and a combined dining and living area. The kitchens include cabinetry and counter space, and the first-floor apartment has access to laundry in the basement. A rear yard provides outdoor space, while on-street parking serves the property. The building dates to 1925.
The property is on Devon Street in Philadelphia’s Mt. Airy neighborhood. Germantown Avenue’s commercial corridor is around the corner, with restaurants, cafes, shops, and everyday services nearby.
The property is on Devon Street in Philadelphia’s Mt. Airy neighborhood. Germantown Avenue’s commercial corridor is around the corner, with restaurants, cafes, shops, and everyday services nearby.
Key Highlights
- Two occupied apartments, each with 2 bedrooms and 1 bathroom
- 1,856 square feet of building area on a 0.0764‑acre lot
- Masonry construction; built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,672
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,440
$633.4K
Cap Rate 7%
$452,457
$452.5K
Cap Rate 9%
$351,911
$351.9K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$47.9K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.2K $24.38/SF
− OpEx
−$13.6K −$7.31/SF
NOI
$31.7K $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%
$633,440
Cap Rate 7%
$452,457
Cap Rate 9%
$351,911
Alternative Uses
Best Use
Multifamily LT 5
$452.5K
$395.9K – $527.9K
NOI $31,672 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$417.1K
$364.9K – $486.6K
NOI $29,194 @ 7.0% cap · market cap 7.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Explore this area
Business Placement
Demographics for 19119, PA
27,265
Population
13,909
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
8,019
Density / Sq Mi
$81,609
Median Household Income
$54,598
Median Earnings
$1,291
Median Rent
$326,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied apartments share matching two-bedroom layouts, with basement laundry access for the first-floor residence.
Where is this duplex located?
The property is located at 7106 DEVON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two occupied apartments, each with 2 bedrooms and 1 bathroom; 1,856 square feet of building area on a 0.0764‑acre lot; Masonry construction; built in 1925
