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Duplex With Two Residential Units
For Sale
$215,000

886 E SANGER STREET, Philadelphia, PA 19124

Duplex includes a 1-bedroom unit and a 2-bedroom unit, both currently occupied by tenants.

Property Size1,378 SF
Days on Market90

Property Features for 886 E SANGER STREET

General Information

Standard status Active
Size 1,378 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $2,791

Building Details

Building Size 1,378 SF
Year Built 1940
Listing Agency: Keller Williams Real Estate-Langhorne
Listed By: Madison Tait · License #RS377639
Source: Lizclarkrealestate
Added: Jun 11 Changed: Sep 7 Last Checked: Sep 8 at 10:54AM

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 Keller Williams Real Estate-Langhorne

Investment Insights

Based on property information with market context.

This duplex offers two separate residential units with individual living layouts. The first-floor unit features 1 bedroom and 1 bathroom, along with a spacious living room and an eat-in kitchen. The second-floor unit includes 2 bedrooms and 1 bathroom, with an eat-in kitchen as well. There is a stand-up unfinished basement with laundry facilities, with access noted for only the first-floor unit. Additional storage is available, and the property also includes a garage.

The property is located in the Oxford Circle section of Philadelphia and is described as convenient to public transportation, shopping, schools, and major roadways.

The duplex is being sold as-is, and both units are currently occupied. A 24-hour notice is required for showings, and shoe coverings are requested for upstairs unit access.

Key Highlights

  • Duplex in the Oxford Circle section of Philadelphia with a 1‑bedroom/1‑bath unit and a 2‑bedroom/1‑bath unit
  • Both units are currently occupied by tenants; listing requires 24‑hour notice for showings
  • First‑floor unit has 1 bedroom, 1 bathroom, a spacious living room, and an eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,756
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.26%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$355,120 $355.1K
Cap Rate 7%
$253,657 $253.7K
Cap Rate 9%
$197,289 $197.3K
Market Conditions
NOI Build-Up for 1,378 SF 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.
Gross rent
$27.3K $19.80/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$25.4K $18.41/SF
− OpEx
−$7.6K −$5.52/SF
NOI
$17.8K $12.89/SF
Area
ZIP 19124
Vacancy
7.03%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$355,120
Cap Rate 7%
$253,657
Cap Rate 9%
$197,289

Alternative Uses

Best Use
Multifamily LT 5
$253.7K
$222.0K – $295.9K (±1% cap)
NOI $17,756 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$233.4K
$204.2K – $272.3K (±1% cap)
NOI $16,338 @ 7.0% cap · market cap 7.60%
Theoretical Best
Specialty Retail
$792.6K
$693.6K – $924.8K (±1% cap)
NOI $55,485 @ 7.0% cap · market cap 25.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Duplex includes a 1-bedroom unit and a 2-bedroom unit, both currently occupied by tenants.
Where is this duplex located?
The property is located at 886 E SANGER STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex in the Oxford Circle section of Philadelphia with a 1‑bedroom/1‑bath unit and a 2‑bedroom/1‑bath unit; Both units are currently occupied by tenants; listing requires 24‑hour notice for showings; First‑floor unit has 1 bedroom, 1 bathroom, a spacious living room, and an eat‑in kitchen
More about this property
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