Renovated Duplex with Modern
For Sale
$289,000
916 W SOMERSET Street, Philadelphia, PA 19133
Multi-Family, PHILADELPHIA, PA
Property Size1,084 SF
Lot Size0.02 Acres
Price / SF$266.61
Days on Market8
Property Features for 916 W SOMERSET Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,084 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
2683
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
central heating and cooling
in-unit washer and dryer
exposed brick accents
stainless steel appliances
Building Details
Year built
1920
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Starr Smith
(267) 252-1455
Added: Oct 12
Last Checked: Oct 19 at 5:06AM
MLS# PAPH2680228
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.
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Investment Insights
Based on property information with market context.
This renovated brick duplex at 916 W Somerset Street contains two residential units: one with one bedroom and one bathroom, and another with two bedrooms and one bathroom. Interior features include updated kitchens with stainless steel appliances, refreshed bathrooms, contemporary flooring, and exposed brick. Central heating and air conditioning and a washer and dryer in each unit add practical utility. The property was built in 1920 and encompasses 1,084 square feet on a 0.0191-acre lot.
The property is Section 8 approved, and one unit is vacant. Public transportation, shopping, and major roadways are cited among the surrounding amenities.
The property is Section 8 approved, and one unit is vacant. Public transportation, shopping, and major roadways are cited among the surrounding amenities.
Key Highlights
- Two‑unit duplex with one 1‑bedroom, 1‑bathroom unit and one 2‑bedroom, 1‑bathroom unit
- 1,084 square feet on a 0.0191‑acre lot
- Renovated kitchens, bathrooms, and flooring; stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,498
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,960
$370.0K
Cap Rate 7%
$264,257
$264.3K
Cap Rate 9%
$205,533
$205.5K
Market Conditions
NOI Build-Up for 1,084 SF
Gross rent
$28.0K $25.80/SF
− Vacancy
−$1.5K −$1.42/SF
EGI
$26.4K $24.38/SF
− OpEx
−$7.9K −$7.31/SF
NOI
$18.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,960
Cap Rate 7%
$264,257
Cap Rate 9%
$205,533
Alternative Uses
Best Use
Multifamily LT 5
$264.3K
$231.2K – $308.3K
NOI $18,498 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$243.6K
$213.1K – $284.2K
NOI $17,051 @ 7.0% cap · market cap 5.90%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,229
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a one-bedroom layout and a separate two-bedroom configuration.
Where is this duplex located?
The property is located at 916 W SOMERSET Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom, 1‑bathroom unit and one 2‑bedroom, 1‑bathroom unit; 1,084 square feet on a 0.0191‑acre lot; Renovated kitchens, bathrooms, and flooring; stainless steel appliances
