Renovated Duplex with Private
5212 Harlan Street Philadelphia, PA 19131
For Sale
$269,000
Move-in ready duplex offering two updated units, including direct private backyard access from Unit 1.
Property Size1,000 SF
Price / SF$269
Days on Market62
Property Features for 5212 Harlan Street
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
KW Empower
(267) 591-2117
Listed By:
Terrell Jones · License #RS373105
(267) 591-2117
Source:
Compass
Added: May 24
Changed: Jul 23
Last Checked: Jul 23 at 3:08PM
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 KW Empower
Investment Insights
Based on property information with market context.
This move-in ready duplex includes two fully updated units with modern finishes. Unit 1 features 1 bedroom and 1 bathroom, with a private backyard accessible directly from the unit, along with access to a large basement storage area. Unit 2 offers 2 bedrooms and 1 bathroom. Both units include new kitchens with modern finishes and stainless steel appliances, new flooring, and updated bathrooms.
The property is located in West Philadelphia and is described as being just minutes from the University of Pennsylvania, 30th Street Station, Fairmount Park, and major transit lines, supporting convenient day-to-day access.
With two updated residential units and dedicated outdoor space connected to Unit 1, the layout can accommodate owner-occupancy with rental income from the second unit or an investor seeking a turnkey rental property.
The property is located in West Philadelphia and is described as being just minutes from the University of Pennsylvania, 30th Street Station, Fairmount Park, and major transit lines, supporting convenient day-to-day access.
With two updated residential units and dedicated outdoor space connected to Unit 1, the layout can accommodate owner-occupancy with rental income from the second unit or an investor seeking a turnkey rental property.
Key Highlights
- Move‑in ready 1925 duplex with two fully updated units
- Unit 1 is currently rented for $1,510/mo (1 bed, 1 bath)
- Unit 2 offers 2 bedrooms and 1 bathroom
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 | $25.8k | $25.80 |
| − Vacancy | −$1.4k | −$1.42 |
| EGI | $24.4k | $24.38 |
| − OpEx | −$7.3k | −$7.31 |
| NOI | $17.1k | $17.06 |
1,000 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$224.7K
$196.6K – $262.2K
NOI $15,730 @ 7.0% cap · market cap 5.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in ready duplex offering two updated units, including direct private backyard access from Unit 1.
Where is this duplex located?
The property is located at 5212 Harlan Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Move‑in ready 1925 duplex with two fully updated units; Unit 1 is currently rented for $1,510/mo (1 bed, 1 bath); Unit 2 offers 2 bedrooms and 1 bathroom
