Corner Duplex with
For Sale
$289,900
5214 Sylvester St, Philadelphia, PA 19124
Well-maintained two-unit brick row home with parking for up to four vehicles and newer mechanicals.
Property Size1,292 SF
Price / SF$224.38
Days on Market94
Property Features for 5214 Sylvester St
General Information
Standard status
Active
Size
1,292 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Site & Location
Neighborhood
Northeast Philadelphia
Building Details
Year Built
1952
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
OCF Realty LLC - Philadelphia
Listed By:
Darwin Laureano · License #RS356195
(484) 955-4811
Source:
Bethsamberg
Added: Aug 1
Changed: Oct 25
Last Checked: Oct 7 at 4:33PM
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 OCF Realty LLC - Philadelphia
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Investment Insights
Based on property information with market context.
This corner 2-unit brick row home offers 1,292 sq. ft. of living space across two floors. The property is described as rent ready and features flexible unit configuration, including a 1 bedroom or studio paired with a 2 bedroom option, or a 1 bedroom unit with a separate living room, kitchen, and bath. A finished basement includes a full bath behind a closed off door, providing privacy and additional versatility for storage or extra living space. Newer mechanicals are noted as being in great working condition.
Parking is a standout feature. As a corner lot, the property provides space for up to 4 vehicles (3 midsize and 1 sedan), and the layout supports the possibility of renting spaces separately.
Built in 1952, the home is offered in as-is condition. With its two-unit setup and on-site parking, it may appeal to both investors and owner-occupants looking to live in one unit while collecting rent from the other.
Parking is a standout feature. As a corner lot, the property provides space for up to 4 vehicles (3 midsize and 1 sedan), and the layout supports the possibility of renting spaces separately.
Built in 1952, the home is offered in as-is condition. With its two-unit setup and on-site parking, it may appeal to both investors and owner-occupants looking to live in one unit while collecting rent from the other.
Key Highlights
- 1,292 sq. ft. corner 2‑unit brick row home across two floors
- Parking for up to 4 vehicles (3 midsize and 1 sedan) on a corner lot
- Flexible unit mix: 1 bedroom/studio paired with a 2 bedroom, or 1 bedroom with separate living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,648
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,960
$333.0K
Cap Rate 7%
$237,829
$237.8K
Cap Rate 9%
$184,978
$185.0K
Market Conditions
NOI Build-Up for 1,292 SF
Gross rent
$25.6K $19.80/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$23.8K $18.41/SF
− OpEx
−$7.1K −$5.52/SF
NOI
$16.6K $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%
$332,960
Cap Rate 7%
$237,829
Cap Rate 9%
$184,978
Alternative Uses
Best Use
Multifamily LT 5
$237.8K
$208.1K – $277.5K
NOI $16,648 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$218.8K
$191.5K – $255.3K
NOI $15,319 @ 7.0% cap · market cap 5.28%
Theoretical Best
Specialty Retail
$743.2K
$650.3K – $867.0K
NOI $52,022 @ 7.0% cap · market cap 17.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit brick row home with parking for up to four vehicles and newer mechanicals.
Where is this duplex located?
The property is located at 5214 Sylvester St Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 1,292 sq. ft. corner 2‑unit brick row home across two floors; Parking for up to 4 vehicles (3 midsize and 1 sedan) on a corner lot; Flexible unit mix: 1 bedroom/studio paired with a 2 bedroom, or 1 bedroom with separate living room
