Turn-Key Duplex with Separate
New
For Sale
$349,000
5227 CATHARINE STREET, Philadelphia, PA 19143
Two-unit duplex with central air, dedicated in-unit laundry, and separate metering for each unit.
Property Size2,010 SF
Price / SF$173.63
Days on Market5
Property Features for 5227 CATHARINE STREET
General Information
Standard status
Active
Size
2,010 SF
Property subtype
Duplex
Amenities
central air
in-unit laundry
full unfinished basement
Building Details
Year Built
1925
Buildings
1
Tenancy
Multi
Listing Agency:
Compass Pennsylvania, LLC
(267) 603-1226
Listed By:
Deidre G Hill · License #RS306138
(267) 603-1226
Source:
Cummingsrealtors
Added: Jul 27
Changed: Jul 31
Last Checked: Jul 31 at 6:16AM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This turn-key duplex at 5227 Catharine Street offers a straightforward two-unit layout with separate amenities and utilities. Both units have central air and dedicated in-unit laundry. The full unfinished basement is accessed through the 1st floor unit, providing additional storage or potential for future finishing.
The 2nd floor unit is a spacious 2-bedroom, 1-bath apartment currently occupied under a lease that ends March 31, 2027. The 1st floor unit is a 1-bedroom, 1-bath apartment that is currently vacant and was refreshed, giving an owner flexibility to place a tenant or live in one unit while renting the other. Both units are separately metered.
Built in 1925, the property is positioned in West Philadelphia near the 52nd Street shopping and transit corridor, Malcolm X Park, and the Baltimore Avenue corridor.
The 2nd floor unit is a spacious 2-bedroom, 1-bath apartment currently occupied under a lease that ends March 31, 2027. The 1st floor unit is a 1-bedroom, 1-bath apartment that is currently vacant and was refreshed, giving an owner flexibility to place a tenant or live in one unit while renting the other. Both units are separately metered.
Built in 1925, the property is positioned in West Philadelphia near the 52nd Street shopping and transit corridor, Malcolm X Park, and the Baltimore Avenue corridor.
Key Highlights
- Duplex with separate metering for each unit
- Central air and dedicated in‑unit laundry in both units
- 2nd floor unit leased through March 31, 2027
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 | $33.5k | $16.68 |
| − Vacancy | −$2.4k | −$1.20 |
| EGI | $31.1k | $15.48 |
| − OpEx | −$9.3k | −$4.64 |
| NOI | $21.8k | $10.83 |
2,010 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.1K
$272.2K – $362.9K
NOI $21,774 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$276.7K
$242.1K – $322.8K
NOI $19,367 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$688.9K
$602.8K – $803.8K
NOI $48,225 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,877
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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 - Two-unit duplex with central air, dedicated in-unit laundry, and separate metering for each unit.
Where is this duplex located?
The property is located at 5227 CATHARINE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Duplex with separate metering for each unit; Central air and dedicated in‑unit laundry in both units; 2nd floor unit leased through March 31, 2027
