5121 WILLOWS Avenue, Philadelphia, PA 19143
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 2, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 4 at 11:06 pm
Property Features for 5121 WILLOWS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,080 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5520
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Robert J Wolf License #AB065938 (215) 694-9728
Listing office Re/Max One Realty 521 Bustleton Pike, Philadelphia, PA (215) 953-8800
Listing date Jun 2, 2026
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.
HighLights
- 2,080‑SF duplex built in 1925 with masonry construction
- Two 2‑bedroom, 1‑bath units, including a vacant second‑floor unit
- 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; parking available on‑street
Overview
The property is located in the Cedar Park section of Philadelphia. It is described as being just minutes from the University of Pennsylvania, Drexel University, and University City, with access to nearby hospitals, major employers, public transportation, and Center City. The listing also notes proximity to Clark Park and Baltimore Avenue’s dining and shopping corridor.
With one unit identified as vacant, the property supports an owner-occupant strategy with immediate flexibility for supplemental rental income, as well as an investor approach aligned with the area’s stated rental demand. Zoned RM-1, buyers may wish to investigate expansion or development possibilities, subject to their own due diligence, as no future-use claims are represented by the seller.
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
- -75.225166
- Latitude
- 39.946579