5818 WOODCREST Avenue, Philadelphia, PA 19131
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Mar 5, 2026
- Days on Market:
- 109
- Last Refresh:
- Jun 22 at 7:06 am
Property Features for 5818 WOODCREST Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Appliances
- Microwave, Oven/Range - Gas, Refrigerator
- Standard status
- Active
- Size
- 1,436 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6086
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Joseph Waites License #RS319655 (215) 605-1506
Listing office Tara Management Services Inc 1502 South Street, PHILADELPHIA, PA (215) 985-4855
Listing date Mar 5, 2026
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.
HighLights
- Triplex at 5818 Woodcrest Avenue (Philadelphia 19131) on a quiet, tree‑lined street in historic Wynnefield
- Unit mix includes one 3BR, one 2BR, one 1BR, plus a garage
- All apartments have central heat and central air; also include dishwashers, microwaves, and garbage disposals
- Stainless steel appliances in the 2BR and 3BR units; gas oven/range and refrigerator included
- All units are month‑to‑month leased: 3BR $1,350, 2BR $1,250, 1BR $800; garage has 7 years left on a 10‑year lease at $100
- Off‑street parking and masonry construction; built in 1925
Overview
The photos reflect the property prior to current occupancy. All three units are currently occupied under month-to-month leases. The 3-bedroom and 1-bedroom units are listed at $1,350 and $800, respectively, and the 2-bedroom unit is listed at $1,250. The garage is covered by a separate lease that has seven years remaining on a 10-year term at $100.
This configuration can work well for investors who want residential income with the flexibility of month-to-month tenancy. It may also suit an owner-occupant approach by allowing the owner to live in one unit while other units remain on month-to-month leases. The property’s close proximity to St. Joe’s, City Avenue, the river drives, the Schuylkill Expressway, and public transportation supports broad tenant convenience in the Wynnefield area.
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 | $37.0k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $35.0k | $24.38 |
| − OpEx | −$10.5k | −$7.31 |
| NOI | $24.5k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2396545
- Latitude
- 39.9880943
