Two-Unit Duplex with Shared
5214 SPRUCE Street Philadelphia, PA 19139
5214 SPRUCE Street, Philadelphia, PA, 19139
$349,500
For Sale
$349,500
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,620 SF
Lot Size0.04 Acres
Price / SF$215.74
Days on Market335
Property Features for 5214 SPRUCE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,620 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2855
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
BMB Living, Inc.
(267) 463-2428
1500 John F Kennedy Boulevard unit: 1510, Philadelphia, PA
Listed by
Chris Coulton
(215) 407-7761
Added: Aug 19, 2025 Checked: Jul 19 at 6:06 pm
MLS# PAPH2529022
Listing URL
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 at 5214 Spruce St. is a two-unit building with a covered shared porch. A sunny vestibule sits inside and provides two separate doors, one leading to each unit. Unit 1 features a large living area, a bright kitchen, two full bedrooms, and a full bathroom. Unit 1 also includes laundry facilities, private access to the outdoor space, and a large semi-finished basement suitable for dry storage or additional space. Unit 1 is currently leased.
Upstairs, the second unit has two sizable bedrooms with extra windows, along with a spacious kitchen that includes an island. The units feature warm, inviting finishes throughout. The property is described as being just a few minutes from Penn, Drexel, Clark Park, and other West Philly/University City destinations, with multiple bus routes running every 6-10 minutes nearby and right out front. Shops and amenities on Baltimore Ave are walkable, including ReAnimator Coffee and Loco Pez.
The layout is practical for an owner-occupant seeking rental income while living in one unit, or for an investor looking for a duplex with both a leased unit and a vacant unit. Each unit’s separate entry supports privacy, while the semi-finished basement and on-unit laundry in Unit 1 add day-to-day utility for residents.
Upstairs, the second unit has two sizable bedrooms with extra windows, along with a spacious kitchen that includes an island. The units feature warm, inviting finishes throughout. The property is described as being just a few minutes from Penn, Drexel, Clark Park, and other West Philly/University City destinations, with multiple bus routes running every 6-10 minutes nearby and right out front. Shops and amenities on Baltimore Ave are walkable, including ReAnimator Coffee and Loco Pez.
The layout is practical for an owner-occupant seeking rental income while living in one unit, or for an investor looking for a duplex with both a leased unit and a vacant unit. Each unit’s separate entry supports privacy, while the semi-finished basement and on-unit laundry in Unit 1 add day-to-day utility for residents.
Key Highlights
- Duplex at 5214 Spruce St. in West Philly with 2 separate units accessed from a shared vestibule
- Year built 1925 with masonry construction
- Unit 1 offers a large living area, bright kitchen, 2 full bedrooms, full bathroom, and laundry facilities
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 | $41.8k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $39.5k | $24.38 |
| − OpEx | −$11.8k | −$7.31 |
| NOI | $27.6k | $17.06 |
1,620 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$394.9K
$345.6K – $460.8K
NOI $27,645 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$364.0K
$318.5K – $424.7K
NOI $25,482 @ 7.0% cap · market cap 7.29%
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-unit duplex offers one leased unit, one vacant unit, and shared covered porch entry for flexible ownership.
Where is this duplex located?
The property is located at 5214 SPRUCE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: Duplex at 5214 Spruce St. in West Philly with 2 separate units accessed from a shared vestibule; Year built 1925 with masonry construction; Unit 1 offers a large living area, bright kitchen, 2 full bedrooms, full bathroom, and laundry facilities
