5214 SPRUCE Street, Philadelphia, PA 19139
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Aug 19, 2025
- Days on Market:
- 314
- Last Refresh:
- Jun 28 at 9:06 am
Property Features for 5214 SPRUCE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,620 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2855
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Chris Coulton (215) 407-7761
Listing office BMB Living, Inc. 1500 John F Kennedy Boulevard unit: 1510, Philadelphia, PA (267) 463-2428
Listing date Aug 19, 2025
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
- Duplex at 5214 Spruce St. in West Philly with 2 separate units accessed from a shared vestibule
- Year built 1925 with masonry construction
- Unit 1 offers a large living area, bright kitchen, 2 full bedrooms, full bathroom, and laundry facilities
- Unit 1 includes private access to outdoor space and a large semi‑finished basement for dry storage or additional space
- Upstairs vacant unit features 2 sizeable bedrooms and a spacious kitchen with an island
- On‑street parking; public transit nearby with multiple bus routes running about every 6–10 minutes
Overview
Upstairs, the second unit has two sizable bedrooms with extra windows, along with a spacious kitchen that includes an island. The units feature warm, inviting finishes throughout. The property is described as being just a few minutes from Penn, Drexel, Clark Park, and other West Philly/University City destinations, with multiple bus routes running every 6-10 minutes nearby and right out front. Shops and amenities on Baltimore Ave are walkable, including ReAnimator Coffee and Loco Pez.
The layout is practical for an owner-occupant seeking rental income while living in one unit, or for an investor looking for a duplex with both a leased unit and a vacant unit. Each unit’s separate entry supports privacy, while the semi-finished basement and on-unit laundry in Unit 1 add day-to-day utility for residents.
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 | $41.8k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $39.5k | $24.38 |
| − OpEx | −$11.8k | −$7.31 |
| NOI | $27.6k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.226532
- Latitude
- 39.954422
