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    Turnkey Duplex With Off-Street Parking Title is generated by Realmo AI

    5230 E ROOSEVELT Boulevard, Philadelphia, PA 19124

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    New
    For Sale
    $229,900

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,379 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $166/SF
    Added:
    Jun 22, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 28 at 1:06 am

    Property Features for 5230 E ROOSEVELT Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    1
    Parking features
    Driveway
    Standard status
    Active
    Size
    1,379 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2360

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1925
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

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    Contact an agent
    Darwin Laureano

    Listing agent Darwin Laureano License #RS356195

    Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA

    Listing date Jun 22, 2026

    MLS# PAPH2631034 Listing URL

    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

    • Fully occupied duplex at 5230 E Roosevelt Blvd with established tenants and current $2,330/month rental income
    • Unit mix: first‑floor 2 bed/1 bath and second‑floor 1 bed/1 bath
    • Second‑floor unit is PHA approved
    • First‑floor unit includes an updated kitchen with granite countertops, white shaker cabinetry, and stainless steel appliances
    • Brick construction with hot water heating and driveway parking
    • Rear alley access and a private off‑street parking space; attached garage previously rented for $200/month

    Overview

    This turnkey duplex at 5230 E Roosevelt Boulevard is fully occupied and configured as a two-unit property. The first-floor unit includes 2 bedrooms and 1 bathroom, with an updated kitchen featuring granite countertops, white shaker-style cabinetry, and stainless steel appliances, plus access to the basement. The second-floor unit provides 1 bedroom and 1 bathroom, with a well-maintained kitchen and stainless steel appliances, and it is supported by a long-term tenant. The second-floor unit is PHA approved, adding an additional layer of tenant eligibility for qualified occupants.

    The property includes a private off-street parking space and rear alley access, supporting practical day-to-day entry and servicing. An attached garage was previously rented separately for an additional $200 per month, which may support future revenue opportunities depending on how the space is managed.

    For investors or buyers seeking a low-maintenance residential income asset, the current setup includes established tenants and an already-producing rental stream. Reported monthly rental income is $2,330, and the duplex is described as fully leased. With clear unit separation and on-site parking plus alley access, the property’s layout is straightforward to operate as a rental duplex while providing tenants with functional, everyday conveniences.

    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 $27.3k $19.80
    − Vacancy −$1.9k −$1.39
    EGI $25.4k $18.41
    − OpEx −$7.6k −$5.52
    NOI $17.8k $12.89
    1,379 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $253.8K
    $222.1K – $296.2K (±1% cap)
    NOI $17,769 @ 7.0% cap · market cap 7.73%
    Second Best
    Apartment 5plus
    $233.6K
    $204.4K – $272.5K (±1% cap)
    NOI $16,350 @ 7.0% cap · market cap 7.11%
    Theoretical Best
    Specialty Retail
    $793.2K
    $694.1K – $925.4K (±1% cap)
    NOI $55,525 @ 7.0% cap · market cap 24.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.0894623
    Latitude
    40.0298309

    FAQs

    What type of property is this?
    Duplex - Fully leased duplex with two distinct units, updated kitchen amenities, and off-street parking for tenant convenience.
    Where is this duplex located?
    The property is located at 5230 E ROOSEVELT Boulevard Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: Fully occupied duplex at 5230 E Roosevelt Blvd with established tenants and current $2,330/month rental income; Unit mix: first‑floor 2 bed/1 bath and second‑floor 1 bed/1 bath; Second‑floor unit is PHA approved
    More about this property
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