Duplex with Private
5121 WILLOWS Avenue Philadelphia, PA 19143
For Sale
Under Contract
$349,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,080 SF
Lot Size0.05 Acres
Price / SF$168.22
Days on Market52
Property Features for 5121 WILLOWS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active Under Contract
- Size
- 2,080 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5520
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Re/Max One Realty
(215) 953-8800
Listed By:
Robert J Wolf · License #AB065938
(215) 694-9728
Added: Jun 2
Changed: Jun 18
Last Checked: Jul 23 at 2:06PM
MLS# PAPH2621046
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 spacious 2-bedroom, 1-bath units within a 2,080-square-foot configuration. Each unit includes generously sized living rooms, dining areas, and kitchens, with a floor plan designed for comfortable everyday use. Notable interior features include high ceilings, and a rear kitchen that opens to a private deck overlooking the backyard. The first-floor sunroom can function as a home office, den, or even an additional bedroom, while a full-length basement provides ample storage and potential for further customization.
The property is located in the Cedar Park section of Philadelphia. It is described as being just minutes from the University of Pennsylvania, Drexel University, and University City, with access to nearby hospitals, major employers, public transportation, and Center City. The listing also notes proximity to Clark Park and Baltimore Avenue’s dining and shopping corridor.
With one unit identified as vacant, the property supports an owner-occupant strategy with immediate flexibility for supplemental rental income, as well as an investor approach aligned with the area’s stated rental demand. Zoned RM-1, buyers may wish to investigate expansion or development possibilities, subject to their own due diligence, as no future-use claims are represented by the seller.
The property is located in the Cedar Park section of Philadelphia. It is described as being just minutes from the University of Pennsylvania, Drexel University, and University City, with access to nearby hospitals, major employers, public transportation, and Center City. The listing also notes proximity to Clark Park and Baltimore Avenue’s dining and shopping corridor.
With one unit identified as vacant, the property supports an owner-occupant strategy with immediate flexibility for supplemental rental income, as well as an investor approach aligned with the area’s stated rental demand. Zoned RM-1, buyers may wish to investigate expansion or development possibilities, subject to their own due diligence, as no future-use claims are represented by the seller.
Key Highlights
- 2,080‑SF duplex built in 1925 with masonry construction
- Two 2‑bedroom, 1‑bath units, including a vacant second‑floor unit
- Rear kitchen opens to a private deck overlooking the backyard
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 | $34.7k | $16.68 |
| − Vacancy | −$2.5k | −$1.20 |
| EGI | $32.2k | $15.48 |
| − OpEx | −$9.7k | −$4.64 |
| NOI | $22.5k | $10.83 |
2,080 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.9K
$281.7K – $375.6K
NOI $22,533 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$286.3K
$250.5K – $334.0K
NOI $20,042 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$712.9K
$623.8K – $831.7K
NOI $49,904 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two 2-bedroom units, including a vacant second-floor layout, offer flexible rental and owner-occupant options.
Where is this duplex located?
The property is located at 5121 WILLOWS Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2,080‑SF duplex built in 1925 with masonry construction; Two 2‑bedroom, 1‑bath units, including a vacant second‑floor unit; Rear kitchen opens to a private deck overlooking the backyard
