Duplex with Central
New
For Sale
$550,000
924 W SUSQUEHANNA Avenue, Philadelphia, PA 19122
Multi-Family, PHILADELPHIA, PA
Property Size2,706 SF
Lot Size0.02 Acres
Price / SF$203.25
Days on Market5
Property Features for 924 W SUSQUEHANNA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Rooms
Basement
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
2,706 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
1553
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2019
Number of units
2
Architectural style
Other
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Elan Elkaim · License #RS316148
(215) 960-9537
Added: Oct 26
Last Checked: Oct 30 at 3:06AM
MLS# PAPH2682370
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.
Built in 2019, this duplex contains two units with a combined 2,706 square feet of above-grade living area. Each unit has three bedrooms and two bathrooms, along with central air and natural gas heat. A basement provides additional storage space. The parcel measures 0.0227 acres.
The property is near Temple University, Broad Street, neighborhood restaurants, shopping, and SEPTA public transportation. Center City and major roadways are also accessible from the Philadelphia location.
The property is near Temple University, Broad Street, neighborhood restaurants, shopping, and SEPTA public transportation. Center City and major roadways are also accessible from the Philadelphia location.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 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
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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
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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 three-bedroom units include two bathrooms each, central air, and natural gas heat.
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 units, each with 3 bedrooms and 2 bathrooms; 2,706 square feet of above‑grade living space; Built in 2019
