Search
Duplex with Natural Gas
For Sale
$199,900

5106 Penn Street, Philadelphia, PA 19124

Two-unit property with RSA5 zoning, on-street parking, and access to shops and transportation along Frankford Avenue.

Property Size1,416 SF
Price / SF$141.17
Days on Market182

Property Features for 5106 Penn Street

General Information

Standard status Active
Size 1,416 SF
Property subtype Multi-Family
Zoning RSA5

Taxes and HOA fees

Annual Taxes $2,722

Amenities

Natural Gas
Yes
No
Assessor
No Pool
Public
U30
15.00 x 87.00
0.03
On Street
Concrete Perimeter
38900.00

Building Details

Building Size 1,416 SF
Year Built 1920
Listing Agency: Compass Pennsylvania, LLC
Listed By: Amanda Strain
Source: Thetristaterealestategroup
Added: Feb 2 Changed: Aug 3 Last Checked: Aug 3 at 5:33AM

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 Compass Pennsylvania, LLC

Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains 1,416 square feet and is configured as a two-unit residential income property. The building features natural gas service, a concrete perimeter foundation, and no pool. The parcel measures 15.00 x 87.00 feet, or 0.03 acres, and includes on-street parking.

Located at 5106 Penn Street in Philadelphia, the property is near shops along Frankford Avenue and major transportation. The surrounding area is also experiencing ongoing community improvements. RSA5 zoning supports the property’s identified duplex classification.

Key Highlights

  • Two‑unit duplex with 1,416 square feet
  • RSA5 zoning
  • Built in 1920

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 $28.0k $19.80
− Vacancy −$2.0k −$1.39
EGI $26.1k $18.41
− OpEx −$7.8k −$5.52
NOI $18.2k $12.89
1,416 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$260.7K
$228.1K – $304.1K (±1% cap)
NOI $18,246 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$239.8K
$209.9K – $279.8K (±1% cap)
NOI $16,789 @ 7.0% cap · market cap 8.40%
Theoretical Best
Specialty Retail
$814.5K
$712.7K – $950.3K (±1% cap)
NOI $57,015 @ 7.0% cap · market cap 28.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,304
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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-unit property with RSA5 zoning, on-street parking, and access to shops and transportation along Frankford Avenue.
Where is this duplex located?
The property is located at 5106 Penn Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,416 square feet; RSA5 zoning; Built in 1920
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message