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Income-Producing Duplex Property
For Sale
$299,900

7328 RUSKIN Road, Philadelphia, PA 19151

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,732 SF
Lot Size0.06 Acres
Price / SF$173.15
Days on Market47

Property Features for 7328 RUSKIN Road

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Parking features Garage - Attached
Subdivision OVERBROOK PARK
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,732 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 3607

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1950
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Access · RE/MAX International
Listed By: Steven Osiecki · License #RM420757
Added: Jun 16 Changed: Jun 17 Last Checked: Aug 1 at 8:06AM
MLS# PAPH2634544

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.

7328 Ruskin Road presents an income-producing duplex with two separate rental units. Both units are occupied, and each is currently generating $1,000 per month. The property is described as well-maintained, with functional layouts designed for long-term residential tenancy. The building totals 1,732 square feet, situated on a 0.0629-acre lot.

The duplex is located in Philadelphia’s Overbrook neighborhood (ZIP 19151). The listing notes convenient access to public transportation, shopping, schools, parks, and major commuter routes, with an easy route into Center City Philadelphia.

For buyers seeking a residential income property, the two-unit configuration allows for an owner to potentially live in one unit while renting the other, depending on personal preference and leasing arrangements. With both units already occupied, the property also supports an owner’s plan for collecting current rental income rather than beginning from vacancy. This duplex is offered for sale for those looking to expand or add to a residential income portfolio in an established neighborhood.

Key Highlights

  • Duplex in Philadelphia’s Overbrook neighborhood with both units currently occupied
  • Each unit rents for $1,000 per month
  • Both units offer separate living spaces with functional layouts

Financial Insights For Apartment 5plus

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 $52.6k $30.36
− Vacancy −$3.0k −$1.76
EGI $49.5k $28.60
− OpEx −$22.3k −$12.87
NOI $27.2k $15.73
1,732 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$422.2K
$369.5K – $492.6K (±1% cap)
NOI $29,556 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$389.2K
$340.6K – $454.1K (±1% cap)
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.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Building Supply HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied rental units generate $1,000 per month each in a well-maintained Philadelphia duplex.
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: Duplex in Philadelphia’s Overbrook neighborhood with both units currently occupied; Each unit rents for $1,000 per month; Both units offer separate living spaces with functional layouts
More about this property
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