Duplex with In-Unit
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 Market12
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2683
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1920
Number of units
2
Building materials
Brick
Architectural style
Other
Buildings
1
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Starr Smith
(267) 252-1455
Added: Oct 12
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,084-square-foot duplex contains two renovated apartments: one with 1 bedroom and 1 bathroom, and another with 2 bedrooms and 1 bathroom. Updated interiors include kitchens with stainless steel appliances, refreshed bathrooms, modern flooring, and exposed brick. Central heating and air conditioning serve the building, and each unit has an in-unit washer and dryer. The property was built in 1920 and has on-street parking.
One apartment is vacant. The property is Section 8 approved and is located near public transportation, shopping, and major roadways. The parcel measures 0.0191 acres.
One apartment is vacant. The property is Section 8 approved and is located near public transportation, shopping, and major roadways. The parcel measures 0.0191 acres.
Key Highlights
- Two residential units: one 1‑bedroom, 1‑bathroom apartment and one 2‑bedroom, 1‑bathroom apartment
- 1,084 square feet on a 0.0191‑acre parcel
- Renovated interiors include stainless steel appliances, updated bathrooms, and modern flooring
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two renovated apartments offer central heating and cooling, updated kitchens and baths, and exposed brick details.
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 residential units: one 1‑bedroom, 1‑bathroom apartment and one 2‑bedroom, 1‑bathroom apartment; 1,084 square feet on a 0.0191‑acre parcel; Renovated interiors include stainless steel appliances, updated bathrooms, and modern flooring
