End-of-Row Duplex with Private
PHILADELPHIA, PA 19149 Philadelphia, PA 19149
Philadelphia, PA, 19149
$395,000
For Sale
$395,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,728 SF
Price / SF$228.59
Days on Market294
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 1,728 SF
Building Details
- Year built
- 1940
Listing Agency
BHHS Fox & Roach Southampton Home Marketing Center
(215) 355-5100
PA
Listed by
Victor Corsino · License #RS276539
(215) 205-6800
Added: Oct 1, 2025 Updated: Jul 10 at 2:02 pm Checked: Jul 21 at 1:06 am
MLS# PAPH2528184
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 well-maintained 2+2 duplex is end-of-row and arranged so each floor operates with its own private entrance, along with secure basement access. The basement includes a laundry area and may offer additional space if finished, and it also provides a side door for easy access. The units feature hardwood floors, good-sized living rooms, comfortable kitchens, and well-proportioned bedrooms, with wall and window A/C units included.
Recent updates include new heaters and new hot water heaters for the property, and the roof was inspected, certified, and repaired where needed. Utilities are separately metered for water, electric, and natural gas. Each apartment has its own private storage unit and dedicated washer and dryer. Current leases are month-to-month with long-term tenants, and there is also a garage rented separately. The property is described as being across from a supermarket and bank, with nearby shopping, dining, and entertainment.
Recent updates include new heaters and new hot water heaters for the property, and the roof was inspected, certified, and repaired where needed. Utilities are separately metered for water, electric, and natural gas. Each apartment has its own private storage unit and dedicated washer and dryer. Current leases are month-to-month with long-term tenants, and there is also a garage rented separately. The property is described as being across from a supermarket and bank, with nearby shopping, dining, and entertainment.
Key Highlights
- 2+2 duplex built in 1940 with end‑of‑row layout and extra side windows for added natural light
- Both floors have private entrances plus secure basement access; basement includes dedicated laundry area
- Recent major updates: two new hot water heaters, two new gas heaters, and roof inspected/certified with repairs as needed
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 | $36.3k | $21.00 |
| − Vacancy | −$1.1k | −$0.66 |
| EGI | $35.2k | $20.34 |
| − OpEx | −$10.5k | −$6.10 |
| NOI | $24.6k | $14.24 |
1,728 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$3.31M
$2.89M – $3.86M
NOI $231,597 @ 7.0% cap · market cap 58.63%
Second Best
Multifamily LT 5
$351.5K
$307.6K – $410.1K
NOI $24,607 @ 7.0% cap · market cap 6.23%
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-floor duplex with private entrances, hardwood floors, separate utilities, and updated heating and hot water systems.
Where is this duplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2+2 duplex built in 1940 with end‑of‑row layout and extra side windows for added natural light; Both floors have private entrances plus secure basement access; basement includes dedicated laundry area; Recent major updates: two new hot water heaters, two new gas heaters, and roof inspected/certified with repairs as needed
