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Renovated Two-Unit Duplex
For Sale
$1,190,000

925 S 11TH STREET, Philadelphia, PA 19147

Vacant RM-1 property with updated interiors, refreshed exterior, and potential first-floor commercial use subject to approvals.

Property Size2,428 SF
Days on Market19

Property Features for 925 S 11TH STREET

General Information

Standard status Active
Size 2,428 SF
Property subtype Duplex
Zoning RM-1

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,208

Building Details

Building Size 2,428 SF
Year Built 1915
Listing Agency: First Choice Real Estate Group
Listed By: Anny Ding · License #RM425786
Source: Patmckennarealtors
Added: Sep 18 Changed: Oct 3 Last Checked: Oct 5 at 11:02PM

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 First Choice Real Estate Group

Investment Insights

Based on property information with market context.

This 2,428-square-foot duplex, built in 1915, contains two separate residential units and is currently vacant. The interiors have been renovated with contemporary finishes, refreshed living areas, and updated light fixtures, while the exterior has also been renewed. The property is zoned RM-1, and the first-floor area may support commercial use subject to permitted-use requirements, city regulations, and any necessary approvals.

The property is located in Philadelphia’s 19147 area near the 9th Street Italian Market, Bella Vista, Passyunk Square, South Street, restaurants, cafes, shopping, and neighborhood amenities. Center City, public transportation, and Philadelphia dining and entertainment destinations are also accessible from the property.

Key Highlights

  • 2,428‑square‑foot duplex on a 2,428‑square‑foot property
  • Two separate residential units
  • Renovated interiors with contemporary finishes and updated light fixtures

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,434
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,680 $828.7K
Cap Rate 7%
$591,914 $591.9K
Cap Rate 9%
$460,378 $460.4K
Market Conditions
NOI Build-Up for 2,428 SF
Gross rent
$62.6K $25.80/SF
− Vacancy
−$3.5K −$1.42/SF
EGI
$59.2K $24.38/SF
− OpEx
−$17.8K −$7.31/SF
NOI
$41.4K $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%
$828,680
Cap Rate 7%
$591,914
Cap Rate 9%
$460,378

Alternative Uses

Best Use
Multifamily LT 5
$591.9K
$517.9K – $690.6K (±1% cap)
NOI $41,434 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$545.6K
$477.4K – $636.5K (±1% cap)
NOI $38,191 @ 7.0% cap · market cap 3.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Integrational Bodywork Alternative Medicine Practice

Suggested Use

Top Pick Electrical Service Tanning Salon Buffet Nursing Home Butcher Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

6,707
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
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant RM-1 property with updated interiors, refreshed exterior, and potential first-floor commercial use subject to approvals.
Where is this duplex located?
The property is located at 925 S 11TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 2,428‑square‑foot duplex on a 2,428‑square‑foot property; Two separate residential units; Renovated interiors with contemporary finishes and updated light fixtures
More about this property
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