Updated Duplex with Two Separate
9456 FAIRGREEN Lane, Philadelphia, PA 19114
For Sale
New
$399,900
Multi-Family, PHILADELPHIA, PA
Property Size1,847 SF
Lot Size0.05 Acres
Price / SF$216.51
Days on Market6
Property Features for 9456 FAIRGREEN Lane
General Information
Property type
Property subtype
Parking features
Interior features
Appliances
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Onyx Real Estate LLC
(215) 953-0500
Listed By:
Jothy S Varughese
(215) 990-8187
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 11 at 1:06AM
MLS# PAPH2688630
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 1,847-square-foot duplex in Philadelphia contains two residential units on a 0.0504-acre lot. The first-floor residence is vacant and has a new kitchen and bathroom, along with new windows and vinyl flooring. Its bathroom includes a new tub, fixtures, vanity, and granite countertop. The upper unit received flooring, paint, and window updates in 2022 and is tenant-occupied.
The property was built in 1978 and includes central air conditioning, forced-air heating, a driveway, and a backyard.
The property was built in 1978 and includes central air conditioning, forced-air heating, a driveway, and a backyard.
Key Highlights
- 1,847‑square‑foot duplex on a 0.0504‑acre lot
- Vacant first‑floor unit with new kitchen, bathroom, and windows
- Second‑floor unit updated in 2022 and currently tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,519
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,380
$630.4K
Cap Rate 7%
$450,271
$450.3K
Cap Rate 9%
$350,211
$350.2K
Market Conditions
NOI Build-Up for 1,847 SF
Gross rent
$47.7K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.0K $24.38/SF
− OpEx
−$13.5K −$7.31/SF
NOI
$31.5K $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%
$630,380
Cap Rate 7%
$450,271
Cap Rate 9%
$350,211
Alternative Uses
Best Use
Multifamily LT 5
$450.3K
$394.0K – $525.3K
NOI $31,519 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$415.0K
$363.2K – $484.2K
NOI $29,052 @ 7.0% cap · market cap 7.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
426
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
$276,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant lower residence has a new kitchen and bathroom, while the upper unit is occupied.
Where is this duplex located?
The property is located at 9456 FAIRGREEN Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,847‑square‑foot duplex on a 0.0504‑acre lot; Vacant first‑floor unit with new kitchen, bathroom, and windows; Second‑floor unit updated in 2022 and currently tenant‑occupied
