Renovated Duplex with Private
New
For Sale
$275,000
5419 MASTER STREET, Philadelphia, PA 19131
Two separately configured units offer updated interiors, private outdoor space, and in-unit stacked laundry.
Property Size1,226 SF
Days on Market2
Property Features for 5419 MASTER STREET
General Information
Standard status
Active
Size
1,226 SF
Property subtype
Duplex
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,182
Amenities
stacked laundry
private yard
Building Details
Building Size
1,226 SF
Year Built
1925
Buildings
1
Listing Agency:
EXP Realty, LLC
(215) 402-7076
Listed By:
Joshua Jones · License #RS339937
(215) 402-7076
Source:
Patmckennarealtors
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 6:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This duplex, built in 1925, has been comprehensively renovated with updated finishes and refreshed amenities throughout. The lower residence contains one bedroom and one bathroom, along with access to a private yard. The upper residence provides two bedrooms and one bathroom, creating a distinct two-unit configuration. Each apartment includes stacked laundry for added convenience.
The property is located at 5419 Master Street in Philadelphia, Pennsylvania, and is within a 10-minute drive of Penn Presbyterian. Ongoing construction is present in the surrounding area. The combination of renovated interiors, separate unit layouts, outdoor space, and dedicated laundry supports the property’s multifamily configuration.
The property is located at 5419 Master Street in Philadelphia, Pennsylvania, and is within a 10-minute drive of Penn Presbyterian. Ongoing construction is present in the surrounding area. The combination of renovated interiors, separate unit layouts, outdoor space, and dedicated laundry supports the property’s multifamily configuration.
Key Highlights
- Renovated duplex at 5419 Master Street in Philadelphia, PA 19131
- First‑floor unit with 1 bedroom, 1 bathroom, and private yard access
- Second‑floor unit includes 2 bedrooms and 1 bathroom
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 | $31.6k | $25.80 |
| − Vacancy | −$1.7k | −$1.42 |
| EGI | $29.9k | $24.38 |
| − OpEx | −$9.0k | −$7.31 |
| NOI | $20.9k | $17.06 |
1,226 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.9K
$261.5K – $348.7K
NOI $20,922 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$275.5K
$241.1K – $321.4K
NOI $19,284 @ 7.0% cap · market cap 7.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,346
Businesses Nearby
Explore this area
Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured units offer updated interiors, private outdoor space, and in-unit stacked laundry.
Where is this duplex located?
The property is located at 5419 MASTER STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Renovated duplex at 5419 Master Street in Philadelphia, PA 19131; First‑floor unit with 1 bedroom, 1 bathroom, and private yard access; Second‑floor unit includes 2 bedrooms and 1 bathroom
