Renovated Duplex with
For Sale
$469,000
7959 LANGDON STREET, Philadelphia, PA 19111
Two-unit property with separately accessible laundry, central HVAC, and private rear parking.
Property Size2,338 SF
Days on Market60
Property Features for 7959 LANGDON STREET
General Information
Standard status
Active
Size
2,338 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northeast Philadelphia
Taxes and HOA fees
Annual Taxes
$5,376
Building Details
Building Size
2,338 SF
Year Built
1965
Listing Agency:
Keller Williams Realty - Moorestown
Listed By:
Isis Yovana Toledo Rosas · License #RS375314
(215) 740-2068
Source:
Lizclarkrealestate
Added: Aug 26
Changed: Oct 23
Last Checked: Oct 23 at 12:45PM
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 Realty - Moorestown
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Investment Insights
Based on property information with market context.
This duplex at 7959 Langdon Street in Philadelphia includes two residential units, each served by its own central heating and air-conditioning system. The property has been renovated and includes a shared laundry area arranged for separate access by each unit. The laundry setup accommodates two washers and two dryers, supporting practical day-to-day use without combining unit access.
Two private parking spaces are located in the alley behind the property. Built in 1965, the duplex is in the Rhawnhurst neighborhood of Philadelphia, Pennsylvania, and offers a distinct configuration for residential income ownership.
Two private parking spaces are located in the alley behind the property. Built in 1965, the duplex is in the Rhawnhurst neighborhood of Philadelphia, Pennsylvania, and offers a distinct configuration for residential income ownership.
Key Highlights
- Renovated duplex in Philadelphia’s Rhawnhurst neighborhood
- Two private parking spaces in the rear alley
- Central heating and air conditioning serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,390
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,800
$627.8K
Cap Rate 7%
$448,429
$448.4K
Cap Rate 9%
$348,778
$348.8K
Market Conditions
NOI Build-Up for 2,338 SF
Gross rent
$46.3K $19.80/SF
− Vacancy
−$1.4K −$0.62/SF
EGI
$44.8K $19.18/SF
− OpEx
−$13.5K −$5.75/SF
NOI
$31.4K $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%
$627,800
Cap Rate 7%
$448,429
Cap Rate 9%
$348,778
Alternative Uses
Best Use
Multifamily LT 5
$448.4K
$392.4K – $523.2K
NOI $31,390 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$413.5K
$361.9K – $482.5K
NOI $28,948 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$708.9K
$620.3K – $827.0K
NOI $49,620 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separately accessible laundry, central HVAC, and private rear parking.
Where is this duplex located?
The property is located at 7959 LANGDON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Renovated duplex in Philadelphia’s Rhawnhurst neighborhood; Two private parking spaces in the rear alley; Central heating and air conditioning serving each unit
