Legal Duplex with Garage
For Sale
$410,000
7352 DUNGAN RD, Philadelphia, PA 19111
Legal duplex with separate utilities, two patios, and a 2-car garage with office space for flexible tenant or operator use.
Property Size1,320 SF
Price / SF$310.61
Days on Market102
Property Features for 7352 DUNGAN RD
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Highway Access
Yes
Clear Height
10 ft
Multifamily Units
2
Building Details
Stories
2
Listing Agency:
RE/MAX Access
(215) 400-2600
Listed By:
Marvin J Vargas · License #RS270368
(215) 400-2618
Source:
Careyrealtygroup
Added: Jul 1
Changed: Sep 28
Last Checked: Oct 9 at 8:21PM
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
Investment Insights
Based on property information with market context.
This legal duplex offers a 1-plus-2 configuration with finished basement space and two separate apartment units. The first-floor bi-level unit includes a full bath and provides two separate entrances into the unit. The finished basement is currently occupied and can function as a second bedroom or family room, and it includes a half bathroom. The second-floor unit is a one-bedroom apartment and is currently vacant.
The property includes a covered front patio and a nice rear patio, with access from the basement to the utility room and an exit to the rear patio. All utilities are separate. There are two gas hot water tanks, two gas boilers, and two breaker boxes. A two-car garage measuring 22 by 30 feet includes high ceilings and surrounding shelving, plus an office space; the garage has electric heat.
For buyers and owner-occupants, the duplex layout supports multiple living configurations while maintaining utility separation between units. For investors, the current occupancy status and separate systems can simplify management across the two units. The garage and office space can also serve contractors or trades by providing an on-site place to store equipment or house vehicles, subject to the buyer’s intended use.
The property includes a covered front patio and a nice rear patio, with access from the basement to the utility room and an exit to the rear patio. All utilities are separate. There are two gas hot water tanks, two gas boilers, and two breaker boxes. A two-car garage measuring 22 by 30 feet includes high ceilings and surrounding shelving, plus an office space; the garage has electric heat.
For buyers and owner-occupants, the duplex layout supports multiple living configurations while maintaining utility separation between units. For investors, the current occupancy status and separate systems can simplify management across the two units. The garage and office space can also serve contractors or trades by providing an on-site place to store equipment or house vehicles, subject to the buyer’s intended use.
Key Highlights
- Legal duplex: 1+2 layout with the first‑floor bi‑level apartment and a finished basement with a half bath
- Second‑floor 1‑bedroom apartment is vacant; first‑floor unit is currently occupied with 3 months remaining on a 1‑year term
- Separate utilities with 2 natural gas hot water tanks, 2 natural gas boilers, and 2 breaker boxes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,723
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,460
$354.5K
Cap Rate 7%
$253,186
$253.2K
Cap Rate 9%
$196,922
$196.9K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$26.1K $19.80/SF
− Vacancy
−$818 −$0.62/SF
EGI
$25.3K $19.18/SF
− OpEx
−$7.6K −$5.75/SF
NOI
$17.7K $13.43/SF
Area
ZIP 19111
Vacancy
3.13%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,460
Cap Rate 7%
$253,186
Cap Rate 9%
$196,922
Alternative Uses
Best Use
Multifamily LT 5
$253.2K
$221.5K – $295.4K
NOI $17,723 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$233.5K
$204.3K – $272.4K
NOI $16,344 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$400.2K
$350.2K – $466.9K
NOI $28,015 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
10 ft
Clear height
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Legal duplex with separate utilities, two patios, and a 2-car garage with office space for flexible tenant or operator use.
Where is this duplex located?
The property is located at 7352 DUNGAN RD Philadelphia, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Legal duplex: 1+2 layout with the first‑floor bi‑level apartment and a finished basement with a half bath; Second‑floor 1‑bedroom apartment is vacant; first‑floor unit is currently occupied with 3 months remaining on a 1‑year term; Separate utilities with 2 natural gas hot water tanks, 2 natural gas boilers, and 2 breaker boxes
