Duplex with Separate
For Sale
$379,900
927 W SHUNK Street, Philadelphia, PA 19148
Multi-Family, PHILADELPHIA, PA
Property Size1,320 SF
Lot Size0.02 Acres
Price / SF$287.80
Days on Market59
Property Features for 927 W SHUNK Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,320 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
4076
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1920
Number of units
1
Building materials
Masonry
Listing Agency:
Alpha Realty Group
(215) 463-0777
Listed By:
Grace G DeGregorio · License #RS278275
(215) 460-5147
Added: Aug 25
Changed: Oct 19
Last Checked: Oct 22 at 2:06AM
MLS# PAPH2663720
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.
This masonry duplex in Philadelphia contains 1,320 square feet across two one-bedroom residences, with separate utilities and a shared entrance. The upper-floor apartment has an open layout and was refreshed in 2024 with new appliances, a laundry center, and central air. The lower residence spans two levels and includes a finished basement with a second kitchen, full bath, laundry area, and storage. Both residences have central air conditioning and hardwood flooring, with bedroom carpeting.
Built in 1920, the property has forced-air heating and on-street parking. The rubber roof is approximately five years old and has been coated; both air-conditioning units were serviced.
Built in 1920, the property has forced-air heating and on-street parking. The rubber roof is approximately five years old and has been coated; both air-conditioning units were serviced.
Key Highlights
- Two one‑bedroom residences with separate utilities and a shared entrance
- 1,320 square feet in a masonry duplex
- Upper‑floor residence refreshed in 2024 with new appliances, laundry center, and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,526
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,520
$450.5K
Cap Rate 7%
$321,800
$321.8K
Cap Rate 9%
$250,289
$250.3K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$34.1K $25.80/SF
− Vacancy
−$1.9K −$1.42/SF
EGI
$32.2K $24.38/SF
− OpEx
−$9.7K −$7.31/SF
NOI
$22.5K $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%
$450,520
Cap Rate 7%
$321,800
Cap Rate 9%
$250,289
Alternative Uses
Best Use
Multifamily LT 5
$321.8K
$281.6K – $375.4K
NOI $22,526 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$296.6K
$259.5K – $346.1K
NOI $20,763 @ 7.0% cap · market cap 5.47%
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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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,420
Businesses Nearby
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Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
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 - Two residences have independent utility service, central air conditioning, and a shared entrance.
Where is this duplex located?
The property is located at 927 W SHUNK Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two one‑bedroom residences with separate utilities and a shared entrance; 1,320 square feet in a masonry duplex; Upper‑floor residence refreshed in 2024 with new appliances, laundry center, and central air
