Renovated Duplex with
For Sale
$465,000
9440 Kirkwood Rd, Philadelphia, PA 19114
Two residential units offer separate living areas, kitchens, baths, street-level garages, and storage.
Property Size1,778 SF
Price / SF$261.53
Days on Market54
Property Features for 9440 Kirkwood Rd
General Information
Standard status
Active
Size
1,778 SF
Property subtype
Multi-Family
Building Details
Year Built
1967
Listing Agency:
Homelink Realty
Listed By:
Chang tai Liu · License #RS291060
(267) 307-0920
Source:
Bethsamberg
Added: Aug 30
Changed: Oct 7
Last Checked: Oct 7 at 5:34PM
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 Homelink Realty
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Investment Insights
Based on property information with market context.
This Philadelphia duplex contains 1,778 square feet across two residential units. Each unit includes two bedrooms, a bathroom, kitchen, and living room. The first unit has undergone a new renovation and is vacant, while the second unit is tenant occupied. The tenant is expected to move out within 30 days if requested by the buyer.
Both units include a basement garage at street level along with storage space. The property is located at 9440 Kirkwood Rd in Philadelphia, Pennsylvania.
Both units include a basement garage at street level along with storage space. The property is located at 9440 Kirkwood Rd in Philadelphia, Pennsylvania.
Key Highlights
- Two‑unit duplex with 1,778 square feet
- Each unit includes 2 bedrooms, a bathroom, kitchen, and living room
- First unit is vacant and newly renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,341
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,820
$606.8K
Cap Rate 7%
$433,443
$433.4K
Cap Rate 9%
$337,122
$337.1K
Market Conditions
NOI Build-Up for 1,778 SF
Gross rent
$45.9K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$43.3K $24.38/SF
− OpEx
−$13.0K −$7.31/SF
NOI
$30.3K $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%
$606,820
Cap Rate 7%
$433,443
Cap Rate 9%
$337,122
Alternative Uses
Best Use
Multifamily LT 5
$433.4K
$379.3K – $505.7K
NOI $30,341 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$399.5K
$349.6K – $466.1K
NOI $27,967 @ 7.0% cap · market cap 6.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living areas, kitchens, baths, street-level garages, and storage.
Where is this duplex located?
The property is located at 9440 Kirkwood Rd Philadelphia, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,778 square feet; Each unit includes 2 bedrooms, a bathroom, kitchen, and living room; First unit is vacant and newly renovated
