Renovated Duplex with Off-Street
For Sale
$299,500
4830 E ROOSEVELT Boulevard, Philadelphia, PA 19124
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,848 SF
Lot Size0.06 Acres
Price / SF$162.07
Days on Market47
Property Features for 4830 E ROOSEVELT Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
4
Parking features
Driveway
Subdivision
SUMMERDALE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,848 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
3499
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1925
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Wynn Real Estate LLC
(215) 938-1777
Listed By:
Michael Baron · License #RS303507
(267) 784-8480
Added: Jun 19
Changed: Jul 20
Last Checked: Aug 4 at 10:06PM
MLS# PAPH2639282
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.
Investment Insights
Based on property information with market context.
This duplex offers two rental units with separate utilities. The first unit includes two bedrooms and is currently rented at $1,200 per month. The second unit is configured with two bedrooms on the second floor and one bedroom on the third floor, currently rented at $1,400 per month.
The property includes four-car parking in the rear and features recent updates, including new bathroom shower renovations completed about six months ago. The roof is also reported as new, contributing to a well-maintained investment with off-street parking.
Located along Roosevelt Boulevard, the building is noted as being next to major shopping and retail and near transportation. The duplex also provides private entrances for the units.
The property includes four-car parking in the rear and features recent updates, including new bathroom shower renovations completed about six months ago. The roof is also reported as new, contributing to a well-maintained investment with off-street parking.
Located along Roosevelt Boulevard, the building is noted as being next to major shopping and retail and near transportation. The duplex also provides private entrances for the units.
Key Highlights
- Duplex built in 1925 with masonry construction and hot water heating
- First unit: 2BR with a large basement; tenant rent is $1,200/month
- Second unit: 2BR on the second floor plus 1 bedroom on the third floor; rent is $1,400/month
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 | $36.6k | $19.80 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $34.0k | $18.41 |
| − OpEx | −$10.2k | −$5.52 |
| NOI | $23.8k | $12.89 |
1,848 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.2K
$297.7K – $396.9K
NOI $23,813 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$313.0K
$273.9K – $365.2K
NOI $21,911 @ 7.0% cap · market cap 7.32%
Theoretical Best
Specialty Retail
$1.06M
$930.1K – $1.24M
NOI $74,409 @ 7.0% cap · market cap 24.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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 with two 2BR/1BR layouts, separate utilities, recent shower renovations, and 4-car rear parking.
Where is this duplex located?
The property is located at 4830 E ROOSEVELT Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Duplex built in 1925 with masonry construction and hot water heating; First unit: 2BR with a large basement; tenant rent is $1,200/month; Second unit: 2BR on the second floor plus 1 bedroom on the third floor; rent is $1,400/month
