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Duplex Residential Property
For Sale
$198,000

910 S 58TH STREET, Philadelphia, PA 19143

The property offers a duplex configuration with a 1920 construction date.

Property Size1,408 SF
Days on Market261

Property Features for 910 S 58TH STREET

General Information

Standard status Active
Size 1,408 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $2,501

Building Details

Building Size 1,408 SF
Year Built 1920
Listing Agency: HomeSmart Nexus Realty Group - Blue Bell
Listed By: Donnell J Evans · License #rs337294
Source: Patmckennarealtors
Added: Dec 22, 2025 Changed: Aug 28 Last Checked: Sep 8 at 10:00AM

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 HomeSmart Nexus Realty Group - Blue Bell

Investment Insights

Based on property information with market context.

This residential income property is identified as a duplex and was built in 1920. It is located at 910 S 58TH STREET in Philadelphia, Pennsylvania 19143.

Key Highlights

  • Duplex property type
  • Built in 1920
  • 910 S 58TH STREET, Philadelphia, PA 19143

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
$15,253
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
7.70%
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%
$305,060 $305.1K
Cap Rate 7%
$217,900 $217.9K
Cap Rate 9%
$169,478 $169.5K
Market Conditions
NOI Build-Up for 1,408 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
$23.5K $16.68/SF
− Vacancy
−$1.7K −$1.20/SF
EGI
$21.8K $15.48/SF
− OpEx
−$6.5K −$4.64/SF
NOI
$15.3K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /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%
$305,060
Cap Rate 7%
$217,900
Cap Rate 9%
$169,478

Alternative Uses

Best Use
Multifamily LT 5
$217.9K
$190.7K – $254.2K (±1% cap)
NOI $15,253 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$193.8K
$169.6K – $226.1K (±1% cap)
NOI $13,567 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$482.6K
$422.3K – $563.0K (±1% cap)
NOI $33,781 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency 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

1,036
Businesses Nearby

Demographics for 19143, PA

64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - The property offers a duplex configuration with a 1920 construction date.
Where is this duplex located?
The property is located at 910 S 58TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Duplex property type; Built in 1920; 910 S 58TH STREET, Philadelphia, PA 19143
More about this property
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