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    Renovated Duplex in Booming Area Title is generated by Realmo AI

    867 N 43RD Street, Philadelphia, PA 19104

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    For Sale
    $310,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,286 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $241/SF
    Added:
    Jan 9, 2026
    Days on Market:
    128
    Last Refresh:
    May 17 at 1:06 pm

    Property Features for 867 N 43RD Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Standard status
    Active
    Size
    1,286 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1328

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Other

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    Listing Contact
    Holly Mack-Ward

    Listing agent Holly Mack-Ward License #RS280577

    Listing office Elfant Wissahickon-Rittenhouse Square 2000 Pine Street, Philadelphia, PA

    Listing date Jan 9, 2026

    MLS# PAPH2572348 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location near Lancaster Ave, Belmont Ave, and Girard Ave, offering easy access to businesses, transportation, and Fairmount Park.
    • Two renovated units with stylish kitchens and baths, maple floors, in‑unit laundry, high ceilings, and great natural light.
    • First‑floor unit features private access to the basement for laundry and storage, and exclusive access to the extra‑deep backyard.
    • Second‑floor unit boasts a private staircase with exposed brick and a super‑stylish bathroom with an oversize step‑in shower and in‑unit stacking washer and dryer.
    • Modern kitchens with white Shaker‑style cabinets and stainless steel appliances.
    • Both units offer open‑plan living spaces and spacious bedrooms with ample closet space.

    Overview

    This renovated duplex features stylish kitchens and baths, maple floors, in-unit laundry, high ceilings with recessed lighting, and natural light in both two-bedroom units. It is located in an area with significant development. The property has a historic brick porchfront and a shared vestibule entrance with cement starburst tile floor and transom window. The first-floor unit includes an open-plan living space with a set of large front windows, a kitchen, and a living room separated by a butcher block island with breakfast bar. The kitchen features white Shaker-style cabinets, stainless steel appliances including a Samsung five-burner range and Whirlpool dishwasher, and white subway tile backsplash. The hall bath has large-format porcelain tile floor and a tub with elongated subway tile surround and contemporary vanity. The spacious middle bedroom has two windows and a good-sized closet, while the larger back bedroom has two closets and exclusive access to the extra-deep back yard. This unit also has private access to the basement, where there's laundry and lots of storage space. The second-floor unit has a private staircase with exposed brick wall that opens to the spacious open-plan living area. Both bedrooms have two windows and are on opposite ends of the apartment. The front bedroom has a tray ceiling and two closets, while the rear is closer to the hall bath, which features oversize Terrazzo hex tile floors, an oversize step-in shower with pennytile floor and elongated subway tile surround and transom window, and a stacking washer and dryer. The property is located off the Lancaster Ave commercial corridor and close to both Belmont and Girard aves, offering easy access to neighborhood businesses, trolleys, I-76 and Fairmount Park, and is two blocks from a community garden. The property size is 1286 square feet and the lot size is 0.0398 acres.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $243.8K
    NOI $21,945 @ 9.00% cap · cautious / downside scenario
    Moderate
    $313.5K
    NOI $21,945 @ 7.00% cap · market / base-case scenario
    Aggressive
    $438.9K
    NOI $21,945 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $33.2k $25.80
    − Vacancy −$1.8k −$1.42
    EGI $31.4k $24.38
    − OpEx −$9.4k −$7.31
    NOI $21.9k $17.06
    1,286 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $313.5K
    $274.3K – $365.8K (±1% cap)
    NOI $21,945 @ 7.0% cap · market cap 7.08%
    Second Best
    Apartment 5plus
    $289.0K
    $252.9K – $337.1K (±1% cap)
    NOI $20,228 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2097778
    Latitude
    39.9694367

    FAQs

    What type of property is this?
    Duplex - Nicely renovated duplex with stylish kitchens and baths in Philadelphia.
    Where is this duplex located?
    The property is located at 867 N 43RD Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: Prime location near Lancaster Ave, Belmont Ave, and Girard Ave, offering easy access to businesses, transportation, and Fairmount Park.; Two renovated units with stylish kitchens and baths, maple floors, in‑unit laundry, high ceilings, and great natural light.; First‑floor unit features private access to the basement for laundry and storage, and exclusive access to the extra‑deep backyard.
    More about this property
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