Brick Duplex with Separate
For Sale
$319,900
7531 RISING SUN AVENUE, Philadelphia, PA 19111
Two residential units share a basement and rear yard, with gas and electric service separated between them.
Property Size1,320 SF
Days on Market8
Property Features for 7531 RISING SUN AVENUE
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northeast Philadelphia
Utilities to Site
Yes
Units
Multifamily Units
2
Individually Metered Utilities
gas, electric
Taxes and HOA fees
Annual Taxes
$4,560
Building Details
Building Size
1,320 SF
Year Built
1960
Buildings
1
Construction
brick
Listing Agency:
Heyer-Kemner Inc
Listed By:
John F Wogan · License #RM060356A
(215) 673-8100
Source:
Lizclarkrealestate
Added: Oct 25
Changed: Oct 31
Last Checked: Oct 30 at 10:50PM
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 Heyer-Kemner Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick duplex was built for two residential units, each configured as a one-bedroom residence. The property includes a basement and rear yard, with separate gas and electric service. Newer circuit breaker panels and service cables serve the building, which dates to 1960 and contains 1,320 square feet.
The property is on Rising Sun Ave in the Fox Chase area of Philadelphia.
The property is on Rising Sun Ave in the Fox Chase area of Philadelphia.
Key Highlights
- Purpose‑built brick duplex with two one‑bedroom units
- 1,320 square feet; built in 1960
- Separate gas and electric service for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,723
Cap Rate
5.54%
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 5.54%
Second Best
Apartment 5plus
$233.5K
$204.3K – $272.4K
NOI $16,344 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$400.2K
$350.2K – $466.9K
NOI $28,015 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,630
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units share a basement and rear yard, with gas and electric service separated between them.
Where is this duplex located?
The property is located at 7531 RISING SUN AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Purpose‑built brick duplex with two one‑bedroom units; 1,320 square feet; built in 1960; Separate gas and electric service for the units
