Spacious Duplex in South
For Sale
$369,000
Pending
1833 S 5TH STREET, Philadelphia, PA 19148
Large duplex with income potential in a convenient location.
Property Size2,136 SF
Days on Market435
Property Features for 1833 S 5TH STREET
General Information
Standard status
Pending
Size
2,136 SF
Property subtype
Multi Family
Building Details
Year Built
1915
Listing Agency:
Central Realty Group LLC
(215) 516-6038
Listed By:
Ken Kwong · License #RM422843
(215) 516-6038
Source:
Exitrealty
Added: May 23, 2025
Changed: Jul 10
Last Checked: Jul 17 at 5:04AM
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 Central Realty Group LLC
Investment Insights
Based on property information with market context.
Located in the heart of South Philadelphia, this duplex property features two apartments. The first-floor apartment includes one bedroom, a bathroom, a kitchen, a rear yard, and a basement. The bi-level upstairs apartment spans the second and third floors. The second floor contains a living room, kitchen, and one bedroom. On the third floor, there are three bedrooms, a bathroom, and a den. The den offers flexible usage as a storage room, office, game room, walk-in closet, or guest room. The property is situated in a location convenient to restaurants, shops, and parks, with easy access to I-95. Nearby attractions include the Pier, Target, Walmart Supercenter, Home Depot, and Spruce Street Harbor. Requiring some cosmetic improvements, this property presents an opportunity for investors or owner-occupants. Renting out both units could provide passive income. The property size is 2136 square feet.
Key Highlights
- Duplex property ideal for investors or owner‑occupants
- Two separate units offer rental income potential
- Large bi‑level upper unit with 4 bedrooms (including den)**
Financial Insights For Apartment 5plus
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 | $64.8k | $30.36 |
| − Vacancy | −$3.8k | −$1.76 |
| EGI | $61.1k | $28.60 |
| − OpEx | −$27.5k | −$12.87 |
| NOI | $33.6k | $15.73 |
2,136 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$520.7K
$455.6K – $607.5K
NOI $36,451 @ 7.0% cap · market cap 9.88%
Second Best
Apartment 5plus
$480.0K
$420.0K – $560.0K
NOI $33,598 @ 7.0% cap · market cap 9.11%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,289
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
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 - Large duplex with income potential in a convenient location.
Where is this duplex located?
The property is located at 1833 S 5TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Duplex property ideal for investors or owner‑occupants; Two separate units offer rental income potential; Large bi‑level upper unit with 4 bedrooms (including den)**
