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Two-Unit Brick Duplex
For Sale
$295,000

7736 GILBERT STREET, Philadelphia, PA 19150

Two one-bedroom apartments each have separate utilities, with garage and driveway parking on site.

Property Size1,326 SF
Days on Market9

Property Features for 7736 GILBERT STREET

General Information

Standard status Active
Size 1,326 SF
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,880

Building Details

Building Size 1,326 SF
Year Built 1950
Buildings 1
Construction brick
Listing Agency: Homestarr Realty
Listed By: Tonia Mangual-Stuard · License #RS279493
Source: Lizclarkrealestate
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 9 at 11:56PM

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 Homestarr Realty

Investment Insights

Based on property information with market context.

This brick duplex, built in 1950, contains two apartments, each arranged with one bedroom, one bathroom, a living area, and an eat-in kitchen. Separate utilities serve the units. A two-car garage and driveway provide on-site parking, and the property includes a front lawn. The sale is as-is, with no repairs to be made by the seller.

The property is on Gilbert Street in Philadelphia, near shopping, Route 309, public transit, and local schools.

Key Highlights

  • Two apartments, each with 1 bedroom and 1 bathroom
  • Separate utilities for each apartment
  • Private two‑car garage plus driveway parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,628
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,560 $452.6K
Cap Rate 7%
$323,257 $323.3K
Cap Rate 9%
$251,422 $251.4K
Market Conditions
NOI Build-Up for 1,326 SF
Gross rent
$34.2K $25.80/SF
− Vacancy
−$1.9K −$1.42/SF
EGI
$32.3K $24.38/SF
− OpEx
−$9.7K −$7.31/SF
NOI
$22.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,560
Cap Rate 7%
$323,257
Cap Rate 9%
$251,422

Alternative Uses

Best Use
Multifamily LT 5
$323.3K
$282.9K – $377.1K (±1% cap)
NOI $22,628 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$298.0K
$260.7K – $347.6K (±1% cap)
NOI $20,857 @ 7.0% cap · market cap 7.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Dental Office

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
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

837
Businesses Nearby

Demographics for 19150, PA

23,126
Population
10,868
Households
2.1
Avg Household Size
47
Median Age
28%
College-Educated
91%
High-School Grad
1.5 sq mi
ZIP Area
15,417
Density / Sq Mi
$61,257
Median Household Income
$43,002
Median Earnings
$1,282
Median Rent
$225,400
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

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 - Two one-bedroom apartments each have separate utilities, with garage and driveway parking on site.
Where is this duplex located?
The property is located at 7736 GILBERT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two apartments, each with 1 bedroom and 1 bathroom; Separate utilities for each apartment; Private two‑car garage plus driveway parking
More about this property
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