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Licensed Two-Unit Duplex
For Sale
$319,000

851 E Chelten Ave, Philadelphia, PA 19138

Fully leased duplex with separate one-bedroom and three-bedroom residences under an active rental license.

Property Size2,292 SF
Price / SF$139.18
Days on Market50

Property Features for 851 E Chelten Ave

General Information

Standard status Active
Size 2,292 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $34,488

Building Details

Year Built 1960
Listing Agency: REDBLOCK Realty Inc.
Listed By: Emanuel Kosacci · License #RS290429
Source: Bethsamberg
Added: Jul 18 Changed: Aug 30 Last Checked: Sep 4 at 8:33AM

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 REDBLOCK Realty Inc.

Investment Insights

Based on property information with market context.

This 2,292-square-foot duplex contains two separately configured residences under a rental license. The first-floor apartment offers 1 bedroom and 1 bathroom, while the second-floor residence includes 3 bedrooms and 1 bathroom. Both units are currently occupied, with tenants responsible for utilities other than water.

Located at 851 E Chelten Ave in Philadelphia, Pennsylvania, the property is also included in a larger 21-property, 34-unit portfolio offered for sale. The occupancy profile includes a mix of government-assisted and private-market tenancy, providing an established operating history for the two-unit asset.

Key Highlights

  • 2,292‑square‑foot duplex with two residential units
  • Active rental license covering 2 units
  • First‑floor unit includes 1 bedroom and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby

Demographics for 19138, PA

31,816
Population
13,836
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
17,676
Density / Sq Mi
$51,586
Median Household Income
$36,956
Median Earnings
$1,172
Median Rent
$167,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully leased duplex with separate one-bedroom and three-bedroom residences under an active rental license.
Where is this duplex located?
The property is located at 851 E Chelten Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 2,292‑square‑foot duplex with two residential units; Active rental license covering 2 units; First‑floor unit includes 1 bedroom and 1 bathroom
More about this property
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