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Turnkey Duplex With Off-Street Parking

5230 E ROOSEVELT Boulevard Philadelphia, PA 19124

5230 E ROOSEVELT Boulevard, Philadelphia, PA, 19124
$229,900
For Sale
Claim this Listing
$229,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,379 SF
Lot Size0.04 Acres
Price / SF$166.72
AddedJun 22
Days on Market23
Last RefreshJul 14 at 12:06 pm

Property Features for 5230 E ROOSEVELT Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
1
Parking features
Driveway
Standard status
Active
Size
1,379 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
2360

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1925
Number of units
2
Building materials
Brick
Architectural style
Other

Listing agent Darwin Laureano License #RS356195

Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA

Listing date Jun 22, 2026

MLS# PAPH2631034 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 turnkey duplex at 5230 E Roosevelt Boulevard is fully occupied and configured as a two-unit property. The first-floor unit includes 2 bedrooms and 1 bathroom, with an updated kitchen featuring granite countertops, white shaker-style cabinetry, and stainless steel appliances, plus access to the basement. The second-floor unit provides 1 bedroom and 1 bathroom, with a well-maintained kitchen and stainless steel appliances, and it is supported by a long-term tenant. The second-floor unit is PHA approved, adding an additional layer of tenant eligibility for qualified occupants.

The property includes a private off-street parking space and rear alley access, supporting practical day-to-day entry and servicing. An attached garage was previously rented separately for an additional $200 per month, which may support future revenue opportunities depending on how the space is managed.

For investors or buyers seeking a low-maintenance residential income asset, the current setup includes established tenants and an already-producing rental stream. Reported monthly rental income is $2,330, and the duplex is described as fully leased. With clear unit separation and on-site parking plus alley access, the property’s layout is straightforward to operate as a rental duplex while providing tenants with functional, everyday conveniences.

Key Highlights

  • Fully occupied duplex at 5230 E Roosevelt Blvd with established tenants and current $2,330/month rental income
  • Unit mix: first‑floor 2 bed/1 bath and second‑floor 1 bed/1 bath
  • Second‑floor unit is PHA approved

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 $27.3k $19.80
− Vacancy −$1.9k −$1.39
EGI $25.4k $18.41
− OpEx −$7.6k −$5.52
NOI $17.8k $12.89
1,379 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$253.8K
$222.1K – $296.2K (±1% cap)
NOI $17,769 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$233.6K
$204.4K – $272.5K (±1% cap)
NOI $16,350 @ 7.0% cap · market cap 7.11%
Theoretical Best
Specialty Retail
$793.2K
$694.1K – $925.4K (±1% cap)
NOI $55,525 @ 7.0% cap · market cap 24.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully leased duplex with two distinct units, updated kitchen amenities, and off-street parking for tenant convenience.
Where is this duplex located?
The property is located at 5230 E ROOSEVELT Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Fully occupied duplex at 5230 E Roosevelt Blvd with established tenants and current $2,330/month rental income; Unit mix: first‑floor 2 bed/1 bath and second‑floor 1 bed/1 bath; Second‑floor unit is PHA approved
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