Legal Duplex with Private
For Sale
$499,000
917 ELLSWORTH ST, Philadelphia, PA 19147
Legal duplex offers two rental units with private backyard access and first-floor and upper layouts.
Property Size1,792 SF
Price / SF$278.46
Days on Market97
Property Features for 917 ELLSWORTH ST
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Wharton
Amenities
private backyard
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Corcoran Sawyer Smith - Lambertville
(609) 397-7900
Listed By:
Lilah Grace Dougherty · License #PARS370696
(609) 610-2084
Source:
Cathyshometeam
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 1 at 5:02AM
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 Corcoran Sawyer Smith - Lambertville
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Investment Insights
Based on property information with market context.
This legal duplex at 917 Ellsworth Street was built in 1915 and provides two separate residential units with private backyard access. The first-floor unit includes one bedroom and one bathroom, while the bright upper unit offers two bedrooms and one bathroom. Both units are described as having spacious rooms and abundant natural light, creating flexible living and rental arrangements for an owner-occupant or investor.
The property is located in Philadelphia near public transportation, with nearby subway and bus service and public parking options within a short walk. The surrounding area includes restaurants, cafes, and shops, with Center City noted as just minutes away.
With a straightforward two-unit configuration and a private outdoor space, the building supports a range of occupancy strategies while keeping day-to-day living centered around the same address.
The property is located in Philadelphia near public transportation, with nearby subway and bus service and public parking options within a short walk. The surrounding area includes restaurants, cafes, and shops, with Center City noted as just minutes away.
With a straightforward two-unit configuration and a private outdoor space, the building supports a range of occupancy strategies while keeping day-to-day living centered around the same address.
Key Highlights
- Legal duplex with first‑floor 1 bed 1 bath and upper 2 bed 1 bath
- Private backyard access for both units
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,580
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,600
$611.6K
Cap Rate 7%
$436,857
$436.9K
Cap Rate 9%
$339,778
$339.8K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$46.2K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$43.7K $24.38/SF
− OpEx
−$13.1K −$7.31/SF
NOI
$30.6K $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%
$611,600
Cap Rate 7%
$436,857
Cap Rate 9%
$339,778
Alternative Uses
Best Use
Multifamily LT 5
$436.9K
$382.3K – $509.7K
NOI $30,580 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$402.7K
$352.3K – $469.8K
NOI $28,187 @ 7.0% cap · market cap 5.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,273
Businesses Nearby
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Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Legal duplex offers two rental units with private backyard access and first-floor and upper layouts.
Where is this duplex located?
The property is located at 917 ELLSWORTH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Legal duplex with first‑floor 1 bed 1 bath and upper 2 bed 1 bath; Private backyard access for both units; Built in 1915
