Value-Add Duplex with Two
9101 OLD NEWTOWN Road Philadelphia, PA 19115
9101 OLD NEWTOWN Road, Philadelphia, PA, 19115
$540,000
For Sale
$540,000
MULTI_FAMILY - Colonial - PHILADELPHIA, PA
Property Size2,234 SF
Lot Size0.06 Acres
Price / SF$241.72
Days on Market49
Property Features for 9101 OLD NEWTOWN Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, Garage - Attached
- Standard status
- Active
- Size
- 2,234 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6055
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Colonial
Listing agency
Equity Pennsylvania Real Estate
(267) 522-8112
Listed by
Monish R Patel · License #RM425589
(267) 716-5932
Added: Jun 4 Updated: Jul 9 at 11:02AM Checked: Jul 22 at 9:06AM
MLS# PAPH2621698
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.
Investment Insights
Based on property information with market context.
Built in 1985, this duplex is designed for owner-occupants or investors seeking rental income with a value-add component. Each unit features 2 bedrooms and 1 bathroom, along with ample secure storage, a basement, and an open floor plan supported by high ceilings. Both units also include a washer and dryer. The first-floor unit is currently occupied and includes high ceilings, an updated kitchen, and closet space.
The property is located at 9101 OLD NEWTOWN Road in Philadelphia, PA 19115 (Lot size 0.0557 acres). Additional basement space has previously been completely finished to include a bedroom and a full bathroom, which may support further income potential. Buyers will need to confirm allowable use and required approvals with the township.
For practical tenant fit, the duplex supports straightforward live-in-and-rent arrangements, since each unit is set up with two bedrooms, a full bath, and in-unit laundry. For buyers evaluating upside, the separately finished lower level adds a clear area to explore for additional occupancy or leasing options, subject to township approval. The current occupancy of the first unit provides an immediate source of collected rent while the second unit remains available under the property’s management approach.
The property is located at 9101 OLD NEWTOWN Road in Philadelphia, PA 19115 (Lot size 0.0557 acres). Additional basement space has previously been completely finished to include a bedroom and a full bathroom, which may support further income potential. Buyers will need to confirm allowable use and required approvals with the township.
For practical tenant fit, the duplex supports straightforward live-in-and-rent arrangements, since each unit is set up with two bedrooms, a full bath, and in-unit laundry. For buyers evaluating upside, the separately finished lower level adds a clear area to explore for additional occupancy or leasing options, subject to township approval. The current occupancy of the first unit provides an immediate source of collected rent while the second unit remains available under the property’s management approach.
Key Highlights
- 1985 masonry duplex with Colonial architectural style
- Each unit has 2 bedrooms and 1 bath
- Central heating and central air for the duplex
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.6k | $25.80 |
| − Vacancy | −$3.2k | −$1.42 |
| EGI | $54.5k | $24.38 |
| − OpEx | −$16.3k | −$7.31 |
| NOI | $38.1k | $17.06 |
2,234 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$544.6K
$476.5K – $635.4K
NOI $38,123 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$502.0K
$439.3K – $585.7K
NOI $35,140 @ 7.0% cap · market cap 6.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - 1985-built duplex offers two-bedroom, one-bath units with in-unit laundry and a basement for added flexibility.
Where is this duplex located?
The property is located at 9101 OLD NEWTOWN Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1985 masonry duplex with Colonial architectural style; Each unit has 2 bedrooms and 1 bath; Central heating and central air for the duplex
