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

7406 ELMWOOD Avenue, Philadelphia, PA 19153

MULTI_FAMILY - PHILADELPHIA, PA

Property Size1,281 SF
Lot Size0.03 Acres
Price / SF$156.13
Days on Market77

Property Features for 7406 ELMWOOD Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 1
Parking features On Street, Driveway
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,281 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2462

Utilities

Heating system Radiant

Building Details

Year built 1925
Number of units 2
Building materials Masonry
Listing Agency: Keller Williams Real Estate-Langhorne · Keller Williams Realty
Listed By: Brian P Gunn · License #RS317067
Added: May 27 Changed: Aug 6 Last Checked: Aug 11 at 7:06PM
MLS# PAPH2626572

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 1,281-square-foot duplex contains two separate apartments within a two-story masonry building. The first-floor residence has one bedroom, while the second-floor residence has two bedrooms. Each apartment is served by separate utilities, and a full basement provides storage space. The property was built in 1925 and uses radiant heating.

Parking includes both on-street spaces and a driveway. The Philadelphia property is situated near shopping, dining, transportation, and major routes, providing access to everyday services and regional travel connections.

Key Highlights

  • 1,281 square feet across a two‑story duplex
  • One‑bedroom first‑floor apartment and two‑bedroom second‑floor apartment
  • 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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities support independent operation for both apartments.
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: 1,281 square feet across a two‑story duplex; One‑bedroom first‑floor apartment and two‑bedroom second‑floor apartment; Separate utilities for each apartment
More about this property
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