Turnkey Duplex with Off-Street
5230 East Roosevelt Boulevard Philadelphia, PA 19124
5230 East Roosevelt Boulevard, Philadelphia, PA, 19124
$229,900
For Sale
$229,900
Fully occupied duplex with two separate units, off-street parking, and rear alley access.
Property Size1,379 SF
Price / SF$166.72
Days on Market32
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 Agency
OCF Realty LLC - Philadelphia
(610) 973-9441
Listed by
Darwin Laureano · License #RS356195
(610) 973-9441
Source
Compass
Added: Jun 19 Updated: Jul 13 at 2:18 am Checked: Jul 20 at 3:44 am
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.
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
NOI $17,769 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$233.6K
$204.4K – $272.5K
NOI $16,350 @ 7.0% cap · market cap 7.11%
Theoretical Best
Specialty Retail
$793.2K
$694.1K – $925.4K
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
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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
