Two-Unit Duplex with
For Sale
$445,000
9881 FRANKFORD AVENUE, Philadelphia, PA 19114
Each residence offers two bedrooms, updated kitchens, and two updated bathrooms.
Property Size1,800 SF
Days on Market13
Property Features for 9881 FRANKFORD AVENUE
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northeast Philadelphia
Units
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Annual Taxes
$5,774
Building Details
Building Size
1,800 SF
Year Built
1976
Buildings
1
Listing Agency:
Coldwell Banker Hearthside Realtors
Listed By:
Michael F Barrett · License #AB066990
(215) 379-2002
Source:
Lizclarkrealestate
Added: Oct 20
Changed: Oct 31
Last Checked: Oct 30 at 8:38PM
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 Coldwell Banker Hearthside Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1976 duplex contains two residences, each with two bedrooms and two updated bathrooms. Both units have spacious living and dining areas, updated kitchens, fresh paint, and new carpet. A two-car garage and two-car driveway serve the property, with laundry and storage areas provided for both units. Utilities are separately metered.
Holy Family University is within walking distance of the property at 9881 Frankford Avenue in Philadelphia.
Holy Family University is within walking distance of the property at 9881 Frankford Avenue in Philadelphia.
Key Highlights
- Two residences, each with 2 bedrooms and 2 updated bathrooms
- 2 car garage and 2 car driveway
- Separate utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,717
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,340
$614.3K
Cap Rate 7%
$438,814
$438.8K
Cap Rate 9%
$341,300
$341.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$46.4K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$43.9K $24.38/SF
− OpEx
−$13.2K −$7.31/SF
NOI
$30.7K $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%
$614,340
Cap Rate 7%
$438,814
Cap Rate 9%
$341,300
Alternative Uses
Best Use
Multifamily LT 5
$438.8K
$384.0K – $512.0K
NOI $30,717 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 6.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, updated kitchens, and two updated bathrooms.
Where is this duplex located?
The property is located at 9881 FRANKFORD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 updated bathrooms; 2 car garage and 2 car driveway; Separate utilities for each unit
