Duplex with Covered Patio and Finished Lower
New
For Sale
$400,000
9731 HOFF STREET, Philadelphia, PA 19115
SINGLE_FAMILY - PHILADELPHIA, PA
Property Size1,201 SF
Price / SF$333.06
Days on Market3
Property Features for 9731 HOFF STREET
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bedroom 3
Subdivision
BUSTLETON
Standard status
Active
Size
1,201 SF
Amenities
wood floors
covered rear patio
stone fireplace
second kitchen
half bath
sliding doors
fenced yard
Building Details
Year built
1960
Listing Agency:
BHHS Fox & Roach Collegeville · Berkshire Hathaway HomeServices
(610) 831-5300
Listed By:
Annemarie Wagner
(610) 247-0562
Added: Jul 29
Changed: Jul 31
Last Checked: Jul 31 at 12:06PM
MLS# PAPH2653460
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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-style home was built in 1960 and features wood floors throughout except the kitchen, which is carpeted. The house has been updated with HVAC and a newer roof. Enjoy outdoor time on the covered rear patio.
Inside, the huge lower level includes a beautiful stone fireplace, a second kitchen, and a half bath. Sliding doors open from the lower level to the patio, extending the indoor-outdoor feel.
Outside, the rear yard is level and fenced. The home is within walking distance—about one block—to Anne Frank School.
Inside, the huge lower level includes a beautiful stone fireplace, a second kitchen, and a half bath. Sliding doors open from the lower level to the patio, extending the indoor-outdoor feel.
Outside, the rear yard is level and fenced. The home is within walking distance—about one block—to Anne Frank School.
Key Highlights
- 1201 SF home built in 1960 with covered rear patio
- Huge lower level with stone fireplace, 2nd kitchen, half bath, and sliding doors to patio
- Wood floors throughout except the kitchen (currently carpeted)
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 | $31.0k | $25.80 |
| − Vacancy | −$1.7k | −$1.42 |
| EGI | $29.3k | $24.38 |
| − OpEx | −$8.8k | −$7.31 |
| NOI | $20.5k | $17.06 |
1,201 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.8K
$256.2K – $341.6K
NOI $20,495 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$269.9K
$236.1K – $314.9K
NOI $18,891 @ 7.0% cap · market cap 4.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,634
Businesses Nearby
Explore this area
Business Placement
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
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-style home with covered rear patio, extensive lower-level living space, and fenced level yard.
Where is this duplex located?
The property is located at 9731 HOFF STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1201 SF home built in 1960 with covered rear patio; Huge lower level with stone fireplace, 2nd kitchen, half bath, and sliding doors to patio; Wood floors throughout except the kitchen (currently carpeted)
