5230 E ROOSEVELT Boulevard, Philadelphia, PA 19124
MULTI_FAMILY - Other - PHILADELPHIA, PA
- 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
Listing agent Darwin Laureano License #RS356195 (610) 973-9441
Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA (215) 735-7368
Listing date Jun 22, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.0894623
- Latitude
- 40.0298309