Fully Renovated
New
For Sale
$325,000
832 N 46TH STREET, Philadelphia, PA 19139
Two-unit property with updated systems, private laundry areas, and a full basement for storage and functional space.
Property Size1,300 SF
Price / SF$250
Days on Market4
Property Features for 832 N 46TH STREET
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Duplex
Amenities
brand-new roof
brand-new central A/C systems
all new plumbing system
brand-new water heaters
full basement
separate washer and dryer for each unit
Building Details
Year Built
1925
Tenancy
Multi
Listing Agency:
Keller Williams Real Estate - Southampton
(215) 355-5500
Listed By:
Yuliia Kuzmenko · License #RS372984
(215) 355-5500
Source:
Cummingsrealtors
Added: Jul 29
Changed: Jul 31
Last Checked: Jul 31 at 7:32PM
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 Real Estate - Southampton
Investment Insights
Based on property information with market context.
This duplex at 832 N. 46th Street has been fully renovated throughout, with modern finishes and spacious living areas. The property includes a brand-new roof, brand-new central A/C systems, an all-new plumbing system, and brand-new water heaters. Each unit has its own private laundry area with a separate washer and dryer, providing independent laundry access for occupants. A full basement adds storage and functional space.
Built in 1925, the property is located in West Philadelphia’s Mill Creek neighborhood. Public transportation, schools, parks, shopping, major roadways, Center City, and University City are nearby. The updated building and separate unit amenities support both owner-occupancy and investment use.
Built in 1925, the property is located in West Philadelphia’s Mill Creek neighborhood. Public transportation, schools, parks, shopping, major roadways, Center City, and University City are nearby. The updated building and separate unit amenities support both owner-occupancy and investment use.
Key Highlights
- Fully renovated duplex with modern finishes throughout
- Brand‑new roof, central A/C systems, plumbing system, and water heaters
- Private laundry area with separate washer and dryer for each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $25.80 |
| − Vacancy | −$1.8k | −$1.42 |
| EGI | $31.7k | $24.38 |
| − OpEx | −$9.5k | −$7.31 |
| NOI | $22.2k | $17.06 |
1,300 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.9K
$277.3K – $369.7K
NOI $22,184 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$292.1K
$255.6K – $340.8K
NOI $20,448 @ 7.0% cap · market cap 6.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated systems, private laundry areas, and a full basement for storage and functional space.
Where is this duplex located?
The property is located at 832 N 46TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Fully renovated duplex with modern finishes throughout; Brand‑new roof, central A/C systems, plumbing system, and water heaters; Private laundry area with separate washer and dryer for each unit
