Legal Duplex Income
For Sale
$349,000
851 East Chelten Avenue, Philadelphia, PA 19138
Two-unit duplex with rental license, fully rented, and separate utility responsibility for tenants.
Property Size2,292 SF
Price / SF$152.27
Days on Market94
Property Features for 851 East Chelten Avenue
General Information
Standard status
Active
Size
2,292 SF
Property subtype
Multi-Family / Fee Simple
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
REDBLOCK Realty Inc.
(215) 500-0134
Listed By:
Emanuel Kosacci · License #RS290429
(215) 500-0134
Source:
Compass
Added: Apr 29
Changed: Jul 10
Last Checked: Jul 31 at 12:18PM
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 legal duplex is configured as two rental units under a rental license for 2 units. The first-floor unit is a 1-bedroom, 1-bath with monthly rent of $1,374, and the second-floor unit is a 3-bedroom, 1-bath with monthly rent of $1,500. The property is fully rented, and the tenants pay all utilities except for water.
Located in Philadelphia County, the property benefits from nearby public transportation access, with a bus stop less than 1 mile away. It is part of a larger offering that includes a 21-property / 34-unit portfolio currently for sale, and additional details are available through the listing agent.
For investors or owner-operators looking for an income-producing residential property with two independently rented units, this duplex provides a straightforward setup and current rent roll. Reported total monthly income is $2,874 (approximately $34,488 per year), with $2,874 reflecting the existing tenant arrangement. The listing also notes potential for additional income tied to the second-floor unit’s Section 8 scenario; confirm specifics and eligibility with the agent, as the property’s operational results are dependent on tenant program terms. The owner is a PA licensed real estate agent and attorney.
Located in Philadelphia County, the property benefits from nearby public transportation access, with a bus stop less than 1 mile away. It is part of a larger offering that includes a 21-property / 34-unit portfolio currently for sale, and additional details are available through the listing agent.
For investors or owner-operators looking for an income-producing residential property with two independently rented units, this duplex provides a straightforward setup and current rent roll. Reported total monthly income is $2,874 (approximately $34,488 per year), with $2,874 reflecting the existing tenant arrangement. The listing also notes potential for additional income tied to the second-floor unit’s Section 8 scenario; confirm specifics and eligibility with the agent, as the property’s operational results are dependent on tenant program terms. The owner is a PA licensed real estate agent and attorney.
Key Highlights
- Huge legal duplex with rental license for 2 units and both units currently fully rented
- 1st‑floor 1 bed/1 bath unit rents for $1,374 per month; tenants pay all utilities except water (mostly Section 8 paid)
- 2nd‑floor 3 bed/1 bath unit rents for $1,500 per month with a long‑term private market tenant
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with rental license, fully rented, and separate utility responsibility for tenants.
Where is this duplex located?
The property is located at 851 East Chelten Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Huge legal duplex with rental license for 2 units and both units currently fully rented; 1st‑floor 1 bed/1 bath unit rents for $1,374 per month; tenants pay all utilities except water (mostly Section 8 paid); 2nd‑floor 3 bed/1 bath unit rents for $1,500 per month with a long‑term private market tenant
