Duplex with Detached
New
For Sale
$249,900
938-40 AFTON Street, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size1,400 SF
Lot Size0.11 Acres
Price / SF$178.50
Days on Market3
Property Features for 938-40 AFTON Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Driveway, Garage - Detached
Subdivision
FOX CHASE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,400 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
5029
Amenities
detached garage
Building Details
Year built
1957
Number of units
1
Building materials
Frame
Architectural style
Other
Listing Agency:
RE/MAX Select Group · RE/MAX International
(215) 335-6900
Listed By:
Simran Kaur Dheer · License #RS375495
(302) 513-6849
Added: Oct 15
Last Checked: Oct 17 at 3:06PM
MLS# PAPH2681304
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 1957, this frame duplex contains two units, each arranged with two bedrooms and one full bathroom. The building measures 1,400 square feet and includes a detached garage. The property is offered in as-is condition.
The parcel contains 0.1148 acres. Parking features include a driveway and the detached garage.
The parcel contains 0.1148 acres. Parking features include a driveway and the detached garage.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 1,400‑square‑foot building on a 0.1148‑acre lot
- Detached garage and driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,797
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,940
$375.9K
Cap Rate 7%
$268,529
$268.5K
Cap Rate 9%
$208,856
$208.9K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$27.7K $19.80/SF
− Vacancy
−$868 −$0.62/SF
EGI
$26.9K $19.18/SF
− OpEx
−$8.1K −$5.75/SF
NOI
$18.8K $13.43/SF
Area
ZIP 19111
Vacancy
3.13%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,940
Cap Rate 7%
$268,529
Cap Rate 9%
$208,856
Alternative Uses
Best Use
Multifamily LT 5
$268.5K
$235.0K – $313.3K
NOI $18,797 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$247.6K
$216.7K – $288.9K
NOI $17,334 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$424.5K
$371.4K – $495.2K
NOI $29,713 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,630
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
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 - Each of the two units has two bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 938-40 AFTON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 1,400‑square‑foot building on a 0.1148‑acre lot; Detached garage and driveway parking
