Two-Unit Duplex with
New
For Sale
$300,000
907 E PHIL ELLENA STREET, Philadelphia, PA 19150
Both residences have two bedrooms, one bathroom, and separate living and dining areas.
Property Size1,680 SF
Price / SF$178.57
Days on Market5
Property Features for 907 E PHIL ELLENA STREET
General Information
Standard status
Active
Size
1,680 SF
Total Parking Spaces
2
Property subtype
Duplex
Property Condition
Severity
Major Repairs Needed
Evidence
Full Renovation Needed
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Main Line Investors Group
(610) 449-1919
Listed By:
April M Scott-Street · License #RS327505
(267) 265-5401
Source:
Cummingsrealtors
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 9 at 11:37PM
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 Main Line Investors Group
Investment Insights
Based on property information with market context.
This 1,680-square-foot duplex, built in 1950, contains two residences. Each has two bedrooms, one full bathroom, a living room, dining area, and kitchen. A full basement includes washer and dryer hookups, with access to a two-car garage. The property requires a full renovation and is offered as-is.
The duplex is in Philadelphia’s Mt. Airy section, with public transportation, shopping, dining, and schools identified nearby.
The duplex is in Philadelphia’s Mt. Airy section, with public transportation, shopping, dining, and schools identified nearby.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,680 square feet; built in 1950
- Full basement with washer and dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,426
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,520
$528.5K
Cap Rate 7%
$377,514
$377.5K
Cap Rate 9%
$293,622
$293.6K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$51.0K $30.36/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$48.0K $28.60/SF
− OpEx
−$21.6K −$12.87/SF
NOI
$26.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,520
Cap Rate 7%
$377,514
Cap Rate 9%
$293,622
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,669 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 8.81%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 19150, PA
23,126
Population
10,868
Households
2.1
Avg Household Size
47
Median Age
28%
College-Educated
91%
High-School Grad
1.5 sq mi
ZIP Area
15,417
Density / Sq Mi
$61,257
Median Household Income
$43,002
Median Earnings
$1,282
Median Rent
$225,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, one bathroom, and separate living and dining areas.
Where is this duplex located?
The property is located at 907 E PHIL ELLENA STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,680 square feet; built in 1950; Full basement with washer and dryer hookups
