Two-Unit Brick Duplex with
New
For Sale
$297,998
5214 SYLVESTER Street, Philadelphia, PA 19124
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,292 SF
Lot Size0.04 Acres
Price / SF$230.65
Days on Market6
Property Features for 5214 SYLVESTER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
4
Parking features
Off Street
Subdivision
NORTHWOOD
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,292 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2926
Building Details
Year built
1952
Number of units
2
Building materials
Brick
Listing Agency:
OCF Realty LLC - Philadelphia
(215) 735-7368
Listed By:
Darwin Laureano · License #RS356195
(610) 973-9441
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 3 at 6:06AM
MLS# PAPH2653226
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.
Investment Insights
Based on property information with market context.
Welcome to 5214 Sylvester Street, a corner two-unit brick duplex offering 1,292 SF of living space across two floors. The property provides flexible layout options, including configurations that pair a 1 bedroom or studio unit with a 2 bedroom unit, or a 1 bedroom unit with a separate living room, kitchen, and bath.
The finished basement includes a full bath behind a closed off door, which can support additional living space, storage, or other flexible use. Mechanicals are described as newer and in great working condition. Parking is a notable benefit for the area, with off-street space for up to 4 vehicles (3 midsize and 1 sedan).
Built in 1952 and offered in as-is condition, this duplex is presented as rent-ready.
The finished basement includes a full bath behind a closed off door, which can support additional living space, storage, or other flexible use. Mechanicals are described as newer and in great working condition. Parking is a notable benefit for the area, with off-street space for up to 4 vehicles (3 midsize and 1 sedan).
Built in 1952 and offered in as-is condition, this duplex is presented as rent-ready.
Key Highlights
- Corner two‑unit brick duplex
- 1,292 SF of living space across two floors
- Finished basement with full bath behind a closed off door
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 | $25.6k | $19.80 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $23.8k | $18.41 |
| − OpEx | −$7.1k | −$5.52 |
| NOI | $16.6k | $12.89 |
1,292 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$237.8K
$208.1K – $277.5K
NOI $16,648 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$218.8K
$191.5K – $255.3K
NOI $15,319 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$743.2K
$650.3K – $867.0K
NOI $52,022 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Corner two-unit duplex with off-street parking and a finished basement with a full bath.
Where is this duplex located?
The property is located at 5214 SYLVESTER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $297,998.
What are key features of this property?
This property features: Corner two‑unit brick duplex; 1,292 SF of living space across two floors; Finished basement with full bath behind a closed off door
