Duplex with Two 1-Bed
PHILADELPHIA, PA 19145 Philadelphia, PA 19145
Philadelphia, PA, 19145
$275,000
For Sale
$275,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size994 SF
Price / SF$276.66
Days on Market69
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1
- Standard status
- Active
- Size
- 994 SF
Building Details
- Year built
- 1931
Listing agency
BHHS Fox & Roach At the Harper Rittenhouse Square
(215) 546-0550
Listed by
Nadeen Hodge · License #AB067612
(215) 432-4000
Added: May 14 Updated: Jul 17 at 10:34AM Checked: Jul 21 at 11:06AM
MLS# PAPH2621742
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 at 2222 Snyder Avenue offers two separate 1-bedroom units with distinct utility setups. The first-floor layout includes a bright living area, kitchen, powder room, generously sized bedroom, full bathroom, and access to a private rear yard. The second-floor unit features a comfortable living area, full kitchen, full bathroom, and a nicely sized bedroom. Both apartments include laminate hardwood flooring, ample cabinet space, and storage for tenant convenience.
The property is located in South Philadelphia, with access to public transportation and convenient routes for commuting via I-95, I-76, and Route 676. It is also positioned near Center City and local shops and restaurants.
The duplex is fully leased with long-term tenants, providing established rental income.
The property is located in South Philadelphia, with access to public transportation and convenient routes for commuting via I-95, I-76, and Route 676. It is also positioned near Center City and local shops and restaurants.
The duplex is fully leased with long-term tenants, providing established rental income.
Key Highlights
- 1931‑built duplex with two 1‑bedroom apartment units
- Each unit has separate utilities and a functional layout
- First‑floor unit includes living area, kitchen, powder room, full bath, bedroom, plus access to a private rear yard
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 | $25.6k | $25.80 |
| − Vacancy | −$1.4k | −$1.42 |
| EGI | $24.2k | $24.38 |
| − OpEx | −$7.3k | −$7.31 |
| NOI | $17.0k | $17.06 |
994 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$242.3K
$212.0K – $282.7K
NOI $16,963 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$223.4K
$195.4K – $260.6K
NOI $15,635 @ 7.0% cap · market cap 5.69%
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
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FAQs
What type of property is this?
Duplex - Two leased 1-bedroom apartments with separate utilities, laminate flooring, and access to a private rear yard.
Where is this duplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1931‑built duplex with two 1‑bedroom apartment units; Each unit has separate utilities and a functional layout; First‑floor unit includes living area, kitchen, powder room, full bath, bedroom, plus access to a private rear yard
