Licensed Two-Unit
For Sale
$299,900
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$130.85
Days on Market97
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
(215) 500-0134
Source:
Bethsamberg
Added: Jul 18
Changed: Oct 7
Last Checked: Oct 7 at 2:17PM
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.
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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.
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
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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 $299,900.
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
