Occupied Two-Unit
For Sale
$299,900
7328 RUSKIN ROAD, Philadelphia, PA 19151
Two occupied rental units in Philadelphia’s Overbrook neighborhood, with separate living spaces and access to public transportation.
Property Size1,732 SF
Days on Market131
Property Features for 7328 RUSKIN ROAD
General Information
Standard status
Active
Size
1,732 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
West Philadelphia
Public Transit
Yes
Additional Details
Average Monthly Rent
$1,000
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,607
Building Details
Building Size
1,732 SF
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Access
Listed By:
Steven Osiecki · License #RM420757
(215) 400-2617
Source:
Patmckennarealtors
Added: Jun 16
Changed: Oct 21
Last Checked: Oct 23 at 2:24PM
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 RE/MAX Access
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Investment Insights
Based on property information with market context.
This duplex contains two separate rental units within a 1,732-square-foot residential building constructed in 1950. Both units are occupied and offer distinct living spaces with functional layouts suited to long-term residential tenancy.
The property is located on Ruskin Rd in Philadelphia’s Overbrook neighborhood, with public transportation, shopping, schools, parks, and major commuter routes in the surrounding area. Its location also provides access toward Center City Philadelphia.
The property is located on Ruskin Rd in Philadelphia’s Overbrook neighborhood, with public transportation, shopping, schools, parks, and major commuter routes in the surrounding area. Its location also provides access toward Center City Philadelphia.
Key Highlights
- Two‑unit duplex at 7328 Ruskin Rd, Philadelphia, PA 19151
- 1,732‑square‑foot building constructed in 1950
- Both rental units are currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,244
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,880
$544.9K
Cap Rate 7%
$389,200
$389.2K
Cap Rate 9%
$302,711
$302.7K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$52.6K $30.36/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$49.5K $28.60/SF
− OpEx
−$22.3K −$12.87/SF
NOI
$27.2K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,880
Cap Rate 7%
$389,200
Cap Rate 9%
$302,711
Alternative Uses
Best Use
Multifamily LT 5
$422.2K
$369.5K – $492.6K
NOI $29,556 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$389.2K
$340.6K – $454.1K
NOI $27,244 @ 7.0% cap · market cap 9.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied rental units in Philadelphia’s Overbrook neighborhood, with separate living spaces and access to public transportation.
Where is this duplex located?
The property is located at 7328 RUSKIN ROAD Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex at 7328 Ruskin Rd, Philadelphia, PA 19151; 1,732‑square‑foot building constructed in 1950; Both rental units are currently occupied
