5121 Willows Avenue, Philadelphia, PA 19143
Two-bedroom, one-bath units with a private rear deck and flexible interior space, offering options for living or renting.
- Added:
- Jun 2, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 6 at 4:28 am
Property Features for 5121 Willows Avenue
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agent Robert J Wolf License #AB065938 (215) 694-9728
Listing office Re/Max One Realty (215) 694-9728
Listing date Jun 2, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Re/Max One Realty
HighLights
- 2,080 SF duplex built in 1925 with two 2‑bedroom, 1‑bath units
- Second‑floor unit is vacant, offering flexibility for owner‑occupancy or rental income
- Rear kitchen opens to a private deck overlooking the backyard
- First‑floor sunroom can serve as a home office, den, or third bedroom
- Full‑length basement with abundant storage
- Zoned RM‑1 (seller makes no representations regarding future use)
Overview
The home is positioned just minutes from the University of Pennsylvania and Drexel University and convenient to University City amenities, including Penn Medicine and CHOP. It’s also described as walkable to Clark Park and the Baltimore Avenue dining and shopping corridor, with public transportation access and connectivity toward City Avenue and I-76/I-95.
Zoned RM-1, the property may be of interest to buyers looking for a live-in layout with rental income flexibility, as well as those who want to review potential future expansion or development possibilities as allowed by local requirements, subject to buyer due diligence. This combination of configuration, vacancy timing, and neighborhood access supports a practical range of owner and investor use cases.
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 | $34.7k | $16.68 |
| − Vacancy | −$2.5k | −$1.20 |
| EGI | $32.2k | $15.48 |
| − OpEx | −$9.7k | −$4.64 |
| NOI | $22.5k | $10.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2251631
- Latitude
- 39.9465782
