Spacious Duplex with Separate
9449 FAIRGREEN Lane Philadelphia, PA 19114
9449 FAIRGREEN Lane, Philadelphia, PA, 19114
$364,000
For Sale
Under Contract
$364,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,847 SF
Lot Size0.05 Acres
Price / SF$197.08
Days on Market15
Property Features for 9449 FAIRGREEN Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, On Street
- Appliances
- Disposal, Dishwasher, Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer
- Standard status
- Active Under Contract
- Size
- 1,847 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4854
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
Re/Max One Realty
(215) 953-8800
Listed by
Ed S Pocrass · License #AB048890L
(215) 327-6399
Added: Jul 8 Updated: Jul 14 at 1:33PM Checked: Jul 22 at 6:06AM
MLS# PAPH2645446
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.
Investment Insights
Based on property information with market context.
This duplex property is configured as two separate residential units, with two bedrooms in each apartment. The units have their own separate entrances, creating independent day-to-day access for occupants. The property totals 1,847 square feet, sitting on a 0.0505-acre lot.
Located at 9449 Fairgreen Lane in Philadelphia, Pennsylvania 19114, the home is described as being convenient to shopping, transportation, and major highways. Showings are limited to after 12 noon, with 24 hours’ notice requested.
For an owner-occupant, the layout supports living in one apartment while renting the other, while the separate entrances can simplify tenant separation and routine access. The first-floor unit is currently paying $1,410 per month, and the second-floor unit is scheduled to be available September 1. Interested parties should review current unit details during the scheduled showing window.
Located at 9449 Fairgreen Lane in Philadelphia, Pennsylvania 19114, the home is described as being convenient to shopping, transportation, and major highways. Showings are limited to after 12 noon, with 24 hours’ notice requested.
For an owner-occupant, the layout supports living in one apartment while renting the other, while the separate entrances can simplify tenant separation and routine access. The first-floor unit is currently paying $1,410 per month, and the second-floor unit is scheduled to be available September 1. Interested parties should review current unit details during the scheduled showing window.
Key Highlights
- Spacious duplex with 2 bedrooms in each apartment, each unit with a separate entrance
- First‑floor rent is $1,410/month; second‑floor rent is $1,165/month
- Second‑floor unit will be available September 1
Local 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 | $47.7k | $25.80 |
| − Vacancy | −$2.6k | −$1.42 |
| EGI | $45.0k | $24.38 |
| − OpEx | −$13.5k | −$7.31 |
| NOI | $31.5k | $17.06 |
1,847 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.3K
$394.0K – $525.3K
NOI $31,519 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$415.0K
$363.2K – $484.2K
NOI $29,052 @ 7.0% cap · market cap 7.98%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex setup offers separate entrances, with two bedrooms per unit and a second-floor unit scheduled to be available Sept. 1.
Where is this duplex located?
The property is located at 9449 FAIRGREEN Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Spacious duplex with 2 bedrooms in each apartment, each unit with a separate entrance; First‑floor rent is $1,410/month; second‑floor rent is $1,165/month; Second‑floor unit will be available September 1
