Contemporary Duplex with Central
New
For Sale
$429,999
7123 CASTOR Avenue, Philadelphia, PA 19149
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
Property Size1,360 SF
Lot Size0.04 Acres
Price / SF$316.18
Days on Market1
Property Features for 7123 CASTOR Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
Garage - Attached, On Street, Driveway
Subdivision
CASTOR GARDENS
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,360 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2379
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1967
Number of units
2
Building materials
Masonry
Architectural style
Contemporary
Listing Agency:
Coldwell Banker Hearthside Realtors · Coldwell Banker Real Estate
(215) 379-2002
Listed By:
Artan Mefsha · License #RS275957
(267) 688-0830
Added: Jul 31
Last Checked: Jul 31 at 8:06PM
MLS# PAPH2653838
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.
Investment Insights
Based on property information with market context.
This contemporary duplex at 7123 Castor Avenue features two bedrooms and one bathroom on each floor. The property was totally redone, with new updates completed in 2026, including a new roof, new HVAC, new electric, new plumbing, new drywall, new flooring, new kitchens, and new bathrooms. Forced-air heating and central air conditioning support year-round comfort. The duplex is constructed with masonry and was built in 1967.
Parking is available with an attached garage, plus a driveway and on-street parking.
Set on a 0.04-acre lot with a total building size of 1,360 square feet, this is a straightforward option for an owner-occupant or investor looking for a duplex layout with fully refreshed interior and major systems.
Parking is available with an attached garage, plus a driveway and on-street parking.
Set on a 0.04-acre lot with a total building size of 1,360 square feet, this is a straightforward option for an owner-occupant or investor looking for a duplex layout with fully refreshed interior and major systems.
Key Highlights
- Totally redone with improvements completed in 2026 including roof, HVAC, electric, plumbing, drywall, flooring, kitchens, and bathrooms
- Two bedrooms and one bathroom on each floor in this duplex layout
- Masonry construction with forced‑air heat and central air
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 | $28.6k | $21.00 |
| − Vacancy | −$894 | −$0.66 |
| EGI | $27.7k | $20.34 |
| − OpEx | −$8.3k | −$6.10 |
| NOI | $19.4k | $14.24 |
1,360 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$2.60M
$2.28M – $3.04M
NOI $182,276 @ 7.0% cap · market cap 42.39%
Second Best
Multifamily LT 5
$276.7K
$242.1K – $322.8K
NOI $19,366 @ 7.0% cap · market cap 4.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
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 - Contemporary duplex updated in 2026 with central air, forced-air heat, and an attached garage plus driveway and on-street parking.
Where is this duplex located?
The property is located at 7123 CASTOR Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $429,999.
What are key features of this property?
This property features: Totally redone with improvements completed in 2026 including roof, HVAC, electric, plumbing, drywall, flooring, kitchens, and bathrooms; Two bedrooms and one bathroom on each floor in this duplex layout; Masonry construction with forced‑air heat and central air
