Updated Duplex With Two
For Sale
$299,500
4832 E Roosevelt Blvd., Philadelphia, PA 19124
Two-unit property with separate utilities, private entrances, off-street parking, and a yard.
Property Size1,848 SF
Price / SF$162.07
Days on Market73
Property Features for 4832 E Roosevelt Blvd.
General Information
Standard status
Active
Size
1,848 SF
Property subtype
Multi-Family
Building Details
Year Built
1925
Listing Agency:
Wynn Real Estate LLC
Listed By:
Michael Baron · License #RS303507
(267) 784-8480
Source:
Upgradebymichaud
Added: Aug 12
Changed: Oct 10
Last Checked: Oct 21 at 1:03AM
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 Wynn Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1,848-square-foot duplex includes two residential units with separate utilities and private entrances. Recent improvements include a new roof, kitchens and bathrooms, windows, and floors. The property also provides two garages, off-street parking, and a yard.
Located on E Roosevelt Blvd in Philadelphia, the property is near shopping, restaurants, schools, public transportation, and major highways. Its two-unit configuration supports rental use, with separate utilities helping distinguish the units operationally.
Located on E Roosevelt Blvd in Philadelphia, the property is near shopping, restaurants, schools, public transportation, and major highways. Its two-unit configuration supports rental use, with separate utilities helping distinguish the units operationally.
Key Highlights
- 1,848‑square‑foot duplex with two residential units
- Separate utilities and private entrances
- New roof, kitchens, bathrooms, windows, and floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,813
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,260
$476.3K
Cap Rate 7%
$340,186
$340.2K
Cap Rate 9%
$264,589
$264.6K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$36.6K $19.80/SF
− Vacancy
−$2.6K −$1.39/SF
EGI
$34.0K $18.41/SF
− OpEx
−$10.2K −$5.52/SF
NOI
$23.8K $12.89/SF
Area
ZIP 19124
Vacancy
7.03%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,260
Cap Rate 7%
$340,186
Cap Rate 9%
$264,589
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 authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate utilities, private entrances, off-street parking, and a yard.
Where is this duplex located?
The property is located at 4832 E Roosevelt Blvd. 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: 1,848‑square‑foot duplex with two residential units; Separate utilities and private entrances; New roof, kitchens, bathrooms, windows, and floors
