2-Unit Duplex with Central
New
For Sale
$550,000
924 W SUSQUEHANNA AVENUE, Philadelphia, PA 19122
Both residences are occupied and include three bedrooms, two bathrooms, and basement storage.
Property Size2,706 SF
Days on Market7
Property Features for 924 W SUSQUEHANNA AVENUE
General Information
Standard status
Active
Size
2,706 SF
Property subtype
Duplex
Site & Location
Neighborhood
North Philadelphia
Taxes and HOA fees
Annual Taxes
$1,553
Building Details
Building Size
2,706 SF
Year Built
2019
Listing Agency:
Keller Williams Main Line
Listed By:
Elan Elkaim · License #RS316148
(215) 960-9537
Source:
Lizclarkrealestate
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 31 at 12:08AM
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 Keller Williams Main Line
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.
Completed in 2019, this Philadelphia duplex contains two residences with a combined 2,706 square feet of above-grade living space. Each unit has three bedrooms, two bathrooms, central air conditioning, and natural gas heat. Basement space provides additional storage, and both units are tenant-occupied.
The property is near Temple University, Broad Street, neighborhood restaurants, shopping, and SEPTA service, with access to Center City and major roadways.
The property is near Temple University, Broad Street, neighborhood restaurants, shopping, and SEPTA service, with access to Center City and major roadways.
Key Highlights
- Two 3‑bedroom, 2‑bathroom units
- Approximately 2,706 square feet of above‑grade living space
- Built in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,178
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,560
$923.6K
Cap Rate 7%
$659,686
$659.7K
Cap Rate 9%
$513,089
$513.1K
Market Conditions
NOI Build-Up for 2,706 SF
Gross rent
$69.8K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$66.0K $24.38/SF
− OpEx
−$19.8K −$7.31/SF
NOI
$46.2K $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%
$923,560
Cap Rate 7%
$659,686
Cap Rate 9%
$513,089
Alternative Uses
Best Use
Multifamily LT 5
$659.7K
$577.2K – $769.6K
NOI $46,178 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$608.1K
$532.1K – $709.4K
NOI $42,564 @ 7.0% cap · market cap 7.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,177
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
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 - Both residences are occupied and include three bedrooms, two bathrooms, and basement storage.
Where is this duplex located?
The property is located at 924 W SUSQUEHANNA AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom units; Approximately 2,706 square feet of above‑grade living space; Built in 2019
