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Character Duplex with Rooftop Deck
For Sale
$535,000

922 Ellsworth St, Philadelphia, PA 19147

Two separately serviced residences offer flexible occupancy arrangements and distinct outdoor spaces, including a private rear yard and elevated deck.

Property Size1,665 SF
Price / SF$321.32
Days on Market53

Property Features for 922 Ellsworth St

General Information

Standard status Active
Size 1,665 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR
Multifamily Units 2

Amenities

rooftop deck

Building Details

Year Built 1915
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Dominic V Fuscia · License #RS294492
Source: Upgradebymichaud
Added: Aug 26 Changed: Oct 13 Last Checked: Oct 16 at 1:43PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This 1915 duplex contains two residences with distinct layouts. The first-floor one-bedroom, one-bath unit provides single-level living, a private rear yard, basement mechanical storage, and its own washer and dryer. It is currently occupied by a tenant who would like to remain. The upper residence spans the second and third floors, with an open living area, exposed brick, wood beams, galley kitchen, storage, and two bedrooms. A rooftop deck covers the building’s roof footprint and provides 360-degree views of the Philadelphia skyline.

Each residence has separately metered utilities, an individual heating system, hot water heater, and washer and dryer. The property is located on a tree-lined block near the Italian Market, with restaurants, cafes, bars, specialty shops, and neighborhood amenities nearby. Public transportation, Center City, and major highways are also accessible from the property.

Key Highlights

  • 1665 SF duplex with two distinct residential units
  • First‑floor 1‑bedroom, 1‑bath unit with private rear yard
  • Upper unit includes two bedrooms, exposed brick, wood beams, and galley kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,413
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,260 $568.3K
Cap Rate 7%
$405,900 $405.9K
Cap Rate 9%
$315,700 $315.7K
Market Conditions
NOI Build-Up for 1,665 SF
Gross rent
$43.0K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$40.6K $24.38/SF
− OpEx
−$12.2K −$7.31/SF
NOI
$28.4K $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%
$568,260
Cap Rate 7%
$405,900
Cap Rate 9%
$315,700

Alternative Uses

Best Use
Multifamily LT 5
$405.9K
$355.2K – $473.6K (±1% cap)
NOI $28,413 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$374.1K
$327.4K – $436.5K (±1% cap)
NOI $26,190 @ 7.0% cap · market cap 4.90%
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

Duplexes

Suggested Use

Top Pick Electrical Service Nursing Home Tanning Salon Clothing & Fashion Store Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,273
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately serviced residences offer flexible occupancy arrangements and distinct outdoor spaces, including a private rear yard and elevated deck.
Where is this duplex located?
The property is located at 922 Ellsworth St Philadelphia, PA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 1665 SF duplex with two distinct residential units; First‑floor 1‑bedroom, 1‑bath unit with private rear yard; Upper unit includes two bedrooms, exposed brick, wood beams, and galley kitchen
More about this property
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