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Turnkey Duplex with Off-Street Parking

5230 East Roosevelt Boulevard Philadelphia, PA 19124

5230 East Roosevelt Boulevard, Philadelphia, PA, 19124
$229,900
For Sale
Claim this Listing
$229,900

Fully occupied duplex with two separate units, off-street parking, and rear alley access.

Property Size1,379 SF
Price / SF$166.72
AddedJun 19
Days on Market26
Last RefreshJul 13 at 2:18 am

Property Features for 5230 East Roosevelt Boulevard

General Information

Standard status
Active
Size
1,379 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1925

Listing office OCF Realty LLC - Philadelphia

Listing date Jun 19, 2026

Source Compass

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


Investment Insights

Based on property information with market context.

This turnkey duplex is fully occupied and designed for low-maintenance rental operations. The first-floor unit includes two bedrooms and one bathroom, with an updated kitchen featuring granite countertops, white shaker-style cabinetry, stainless steel appliances, and access to the basement. The second-floor unit offers one bedroom and one bathroom, a well-maintained kitchen, stainless steel appliances, and is currently leased with a long-term tenant in place.

Additional practical amenities include rear alley access and a private off-street parking space. An attached garage previously rented separately for additional income, and the second-floor unit is PHA approved, supporting housing program compatibility.

The property is listed in Philadelphia County (MLS Area 19124) within the Philadelphia City School District.

Key Highlights

  • Fully occupied duplex with established tenants and current rental income of $2,330 per month
  • Two‑unit layout: first‑floor 2 bed/1 bath and second‑floor 1 bed/1 bath
  • Second‑floor unit is PHA approved

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 Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store Travel Agency

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

FAQs

What type of property is this?
Duplex - Fully occupied duplex with two separate units, off-street parking, and rear alley access.
Where is this duplex located?
The property is located at 5230 East 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 with established tenants and current rental income of $2,330 per month; Two‑unit layout: first‑floor 2 bed/1 bath and second‑floor 1 bed/1 bath; Second‑floor unit is PHA approved
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