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Two-Unit Duplex with Basement
For Sale
$199,999
Pending

7406 ELMWOOD AVENUE, Philadelphia, PA 19153

Two separate apartments with independent utilities and basement storage support flexible residential use.

Property Size1,281 SF
Days on Market104

Property Features for 7406 ELMWOOD AVENUE

General Information

Standard status Pending
Size 1,281 SF
Property subtype Duplex

Units

Unit Mix 1 x 1BR, 1 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,462

Building Details

Building Size 1,281 SF
Year Built 1925
Buildings 1
Stories 2
Listing Agency: Keller Williams Real Estate-Langhorne
Listed By: Brian P Gunn · License #RS317067
Source: Patmckennarealtors
Added: May 27 Changed: Aug 28 Last Checked: Sep 7 at 7:52AM

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 Keller Williams Real Estate-Langhorne

Investment Insights

Based on property information with market context.

Built in 1925, this two-story duplex contains 1,281 square feet arranged as two separate apartments. The first-floor residence has one bedroom, while the second-floor apartment provides two bedrooms. Separate utility systems serve each unit, supporting independent occupancy and management. A full basement adds substantial storage space to the property.

The property is located at 7406 Elmwood Avenue in Philadelphia, with shopping, dining, transportation, and major routes identified in the surrounding area. Its two-unit configuration accommodates separate residential households within a single building, with the basement providing additional functional space.

Key Highlights

  • Two‑story duplex with 1,281 sq. ft. of building area
  • Two separate apartments: one‑bedroom first‑floor unit and two‑bedroom second‑floor unit
  • Separate utilities for each apartment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 19153, PA

11,985
Population
5,965
Households
2
Avg Household Size
41
Median Age
28%
College-Educated
92%
High-School Grad
10.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$53,434
Median Household Income
$36,167
Median Earnings
$1,341
Median Rent
$198,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two separate apartments with independent utilities and basement storage support flexible residential use.
Where is this duplex located?
The property is located at 7406 ELMWOOD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Two‑story duplex with 1,281 sq. ft. of building area; Two separate apartments: one‑bedroom first‑floor unit and two‑bedroom second‑floor unit; Separate utilities for each apartment
More about this property
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