Renovated Duplex with Off-Street
4830 E ROOSEVELT Boulevard Philadelphia, PA 19124
4830 E ROOSEVELT Boulevard, Philadelphia, PA, 19124
$299,500
For Sale
$299,500
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,848 SF
Lot Size0.06 Acres
Price / SF$162.07
Days on Market32
Property Features for 4830 E ROOSEVELT Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Basement
- Parking
- 4
- Parking features
- Driveway
- Standard status
- Active
- Size
- 1,848 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3499
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
Wynn Real Estate LLC
(215) 938-1777
2327 Huntingdon Pike, Huntingdon Valley, PA
Listed by
Michael Baron · License #RS303507
(267) 784-8480
Added: Jun 19 Updated: Jul 20 at 1:18 pm Checked: Jul 20 at 8:06 pm
MLS# PAPH2639282
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 offers two rental units with separate utilities. The first unit includes two bedrooms and is currently rented at $1,200 per month. The second unit is configured with two bedrooms on the second floor and one bedroom on the third floor, currently rented at $1,400 per month.
The property includes four-car parking in the rear and features recent updates, including new bathroom shower renovations completed about six months ago. The roof is also reported as new, contributing to a well-maintained investment with off-street parking.
Located along Roosevelt Boulevard, the building is noted as being next to major shopping and retail and near transportation. The duplex also provides private entrances for the units.
The property includes four-car parking in the rear and features recent updates, including new bathroom shower renovations completed about six months ago. The roof is also reported as new, contributing to a well-maintained investment with off-street parking.
Located along Roosevelt Boulevard, the building is noted as being next to major shopping and retail and near transportation. The duplex also provides private entrances for the units.
Key Highlights
- Duplex built in 1925 with masonry construction and hot water heating
- First unit: 2BR with a large basement; tenant rent is $1,200/month
- Second unit: 2BR on the second floor plus 1 bedroom on the third floor; rent is $1,400/month
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 | $36.6k | $19.80 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $34.0k | $18.41 |
| − OpEx | −$10.2k | −$5.52 |
| NOI | $23.8k | $12.89 |
1,848 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.2K
$297.7K – $396.9K
NOI $23,813 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$313.0K
$273.9K – $365.2K
NOI $21,911 @ 7.0% cap · market cap 7.32%
Theoretical Best
Specialty Retail
$1.06M
$930.1K – $1.24M
NOI $74,409 @ 7.0% cap · market cap 24.84%
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 - Duplex with two 2BR/1BR layouts, separate utilities, recent shower renovations, and 4-car rear parking.
Where is this duplex located?
The property is located at 4830 E ROOSEVELT Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Duplex built in 1925 with masonry construction and hot water heating; First unit: 2BR with a large basement; tenant rent is $1,200/month; Second unit: 2BR on the second floor plus 1 bedroom on the third floor; rent is $1,400/month
