Two-Unit Duplex with 1-Bed
For Sale
$350,000
Pending
9321 WALKER ST, Philadelphia, PA 19114
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,500 SF
Lot Size0.06 Acres
Days on Market280
Property Features for 9321 WALKER ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
TORRESDALE (EAST)
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Pending
Lot size
0.06 Acres
Building Details
Year built
1955
Listing Agency:
Blue Bell, PA
(215) 654-5900
Listed By:
Michael Bertoline
Added: Oct 26, 2025
Changed: Jul 23
Last Checked: Aug 1 at 2:06PM
MLS# PAPH2544270
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two 1-bedroom, 1-bath apartments. The lower level has been recently renovated into a one-bedroom apartment equipped with a split-unit heating and air conditioning system. The 1st and 2nd floor apartments have been updated with new paint and carpet and are move-in ready for the next tenant.
The property is located in East Torresdale of Philadelphia, Pennsylvania.
Please note the building does not have legal triplex status. The buyer is responsible for all City licensing and permit requirements.
The property is located in East Torresdale of Philadelphia, Pennsylvania.
Please note the building does not have legal triplex status. The buyer is responsible for all City licensing and permit requirements.
Key Highlights
- Duplex built in 1955 in East Torresdale
- Two 1‑bedroom, 1‑bath apartments, each approximately 750 SF
- Lower level recently renovated into a 1‑bedroom apartment with split unit heating and A/C
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.7k | $25.80 |
| − Vacancy | −$2.1k | −$1.42 |
| EGI | $36.6k | $24.38 |
| − OpEx | −$11.0k | −$7.31 |
| NOI | $25.6k | $17.06 |
1,500 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$365.7K
$320.0K – $426.6K
NOI $25,597 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$337.1K
$294.9K – $393.2K
NOI $23,594 @ 7.0% cap · market cap 6.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Explore this area
Business Placement
Demographics for 19114, PA
32,645
Population
14,703
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
5,829
Density / Sq Mi
$76,076
Median Household Income
$48,257
Median Earnings
$1,369
Median Rent
$276,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers two updated 1-bedroom, 1-bath apartments, including a recently renovated lower-level unit.
Where is this duplex located?
The property is located at 9321 WALKER ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex built in 1955 in East Torresdale; Two 1‑bedroom, 1‑bath apartments, each approximately 750 SF; Lower level recently renovated into a 1‑bedroom apartment with split unit heating and A/C
