Masonry
For Sale
$199,900
5106 PENN Street, Philadelphia, PA 19124
Multi-Family, PHILADELPHIA, PA
Property Size1,416 SF
Lot Size0.03 Acres
Price / SF$141.17
Days on Market263
Property Features for 5106 PENN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,416 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2722
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
RE/MAX Select Group · RE/MAX International
(215) 335-6900
Listed By:
Marco A Troche · License #AB069365
(267) 255-8132
Added: Feb 2
Changed: Aug 19
Last Checked: Oct 23 at 7:06AM
MLS# PAPH2580082
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.
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Investment Insights
Based on property information with market context.
This Philadelphia duplex contains 1,416 square feet across two residential units. The 1920-built property features masonry construction, forced-air heating, ceiling fan cooling, and on-street parking. Its compact 0.03-acre lot supports the existing residential configuration.
The property is located at 5106 Penn Street in Philadelphia’s 19124 ZIP code. The surrounding area includes shops along Frankford Avenue, local amenities, and access to major transportation routes. Community improvement activity is also noted in the immediate area.
The property is located at 5106 Penn Street in Philadelphia’s 19124 ZIP code. The surrounding area includes shops along Frankford Avenue, local amenities, and access to major transportation routes. Community improvement activity is also noted in the immediate area.
Key Highlights
- Two‑unit duplex with 1,416 square feet of property size
- Masonry construction with 1920 build year
- Forced‑air heating and ceiling fan cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,246
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,920
$364.9K
Cap Rate 7%
$260,657
$260.7K
Cap Rate 9%
$202,733
$202.7K
Market Conditions
NOI Build-Up for 1,416 SF
Gross rent
$28.0K $19.80/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$26.1K $18.41/SF
− OpEx
−$7.8K −$5.52/SF
NOI
$18.2K $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%
$364,920
Cap Rate 7%
$260,657
Cap Rate 9%
$202,733
Alternative Uses
Best Use
Multifamily LT 5
$260.7K
$228.1K – $304.1K
NOI $18,246 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$239.8K
$209.9K – $279.8K
NOI $16,789 @ 7.0% cap · market cap 8.40%
Theoretical Best
Specialty Retail
$814.5K
$712.7K – $950.3K
NOI $57,015 @ 7.0% cap · market cap 28.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,304
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with forced-air heating and on-street parking in Philadelphia.
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 of property size; Masonry construction with 1920 build year; Forced‑air heating and ceiling fan cooling
