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Legal Duplex Income Property

851 East Chelten Avenue, Philadelphia, PA 19138

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For Sale

$349,000

Two-unit duplex with rental license, fully rented, and separate utility responsibility for tenants.

Type:Multi-Family / Fee Simple

Property size:

2,292 SF

Price / SF:

$152/SF

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
Total current monthly income of $2,874 ($34,488/yr), mostly government‑paid
Bus stop is less than 1 mile away

We can help!

Listing Contact

Emanuel Kosacci

Learn more

For Sale

$349,000

Two-unit duplex with rental license, fully rented, and separate utility responsibility for tenants.

Type:Multi-Family / Fee Simple

Property size:

2,292 SF

Price / SF:

$152/SF

Added:: May 31, 2026
Days on Market:: 14
Last Refresh:: Jun 6 at 4:59 am

Property Features for 851 East Chelten Avenue

General Information

Standard status: Active
Size: 2,292 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1960

We can help!

Listing Contact

Emanuel Kosacci

Listing agent Emanuel Kosacci License #RS290429

Listing office REDBLOCK Realty Inc.

Listing date May 31, 2026

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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.

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
Total current monthly income of $2,874 ($34,488/yr), mostly government‑paid
Bus stop is less than 1 mile away

Overview

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.

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Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.163828
Latitude: 40.0469716

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For sale
Duplexes
PA
Philadelphia
19138
851 East Chelten Avenue

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