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Two-Unit Duplex with Finished Basement
For Sale
Under Contract
$374,900

828 S 49TH Street, Philadelphia, PA 19143

Multi-Family, PHILADELPHIA, PA

Property Size3,240 SF
Lot Size0.06 Acres
Price / SF$115.71
Days on Market445

Property Features for 828 S 49TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Special listing conditions In Foreclosure
Standard status Active Under Contract
Size 3,240 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 5033

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Amenities

secluded backyard
front porch
finished basement
attic with skylight

Building Details

Year built 1917
Number of units 2
Building materials Masonry
Listing Agency: EXP Realty, LLC
Listed By: Adam Kiliszek · License #RS337117
Added: Aug 6, 2025 Changed: Oct 21 Last Checked: Oct 24 at 6:06AM
MLS# PAPH2524986

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.

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Investment Insights

Based on property information with market context.

This 3,240-square-foot masonry duplex, built in 1917, contains two residences. The first-floor unit has 2 bedrooms and 1 bathroom; the second-floor unit includes 3 bedrooms and 3 full bathrooms. Both units have separate utilities. A finished basement, an attic with a skylight, a front porch, and a backyard complete the property.

The 0.0574-acre parcel is in Philadelphia. Heating is forced air, cooling is provided by window units, and parking is on street.

Key Highlights

  • Two‑unit duplex with 3,240 square feet of building area
  • First‑floor unit has 2 bedrooms and 1 bathroom
  • Second‑floor unit has 3 bedrooms and 3 full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,219
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,380 $624.4K
Cap Rate 7%
$445,986 $446.0K
Cap Rate 9%
$346,878 $346.9K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$61.4K $18.96/SF
− Vacancy
−$4.7K −$1.44/SF
EGI
$56.8K $17.52/SF
− OpEx
−$25.5K −$7.88/SF
NOI
$31.2K $9.64/SF
Area
ZIP 19143
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,380
Cap Rate 7%
$445,986
Cap Rate 9%
$346,878

Alternative Uses

Best Use
Multifamily LT 5
$501.4K
$438.7K – $585.0K (±1% cap)
NOI $35,099 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$446.0K
$390.2K – $520.3K (±1% cap)
NOI $31,219 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$1.11M
$971.7K – $1.30M (±1% cap)
NOI $77,735 @ 7.0% cap · market cap 20.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,953
Businesses Nearby

Demographics for 19143, PA

64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utility services serve each residence, alongside a front porch and backyard.
Where is this duplex located?
The property is located at 828 S 49TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two‑unit duplex with 3,240 square feet of building area; First‑floor unit has 2 bedrooms and 1 bathroom; Second‑floor unit has 3 bedrooms and 3 full bathrooms
More about this property
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