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Two-Unit Duplex with Garage
For Sale
$200,000
Pending

5261 E ROOSEVELT BOULEVARD, Philadelphia, PA 19124

Two one-bedroom residences include separate utilities, basement storage, and rear off-street parking.

Property Size1,378 SF
Days on Market70

Property Features for 5261 E ROOSEVELT BOULEVARD

General Information

Standard status Pending
Size 1,378 SF
Property subtype Duplex
Occupancy 50%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1935
Tenancy Single
Listing Agency: Anchor Realty Northeast
Listed By: Leonard Mogil · License #RS290363
Source: Cummingsrealtors
Added: Aug 2 Changed: Oct 7 Last Checked: Oct 9 at 9:47PM

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 Anchor Realty Northeast

Investment Insights

Based on property information with market context.

Built in 1935, this duplex contains two one-bedroom, one-bath units with spacious rooms and separate utility services. The property also includes a walkout storage basement, a full-size garage, and a rear driveway that accommodates multiple vehicles. One unit is vacant, while the second-floor unit is occupied under a residential lease scheduled to expire by the end of the year. The existing lease transfers to the buyer at settlement, and the property is offered as-is, where-is.

Located at 5261 E Roosevelt Boulevard in Philadelphia, the property is near public transportation and shopping. Its two-unit layout, dedicated utility setup, garage, storage, and off-street parking provide a practical configuration for residential rental use or owner occupancy.

Key Highlights

  • Two 1‑bedroom / 1‑bath units in a duplex configuration
  • 1,378 property size with construction dating to 1935
  • One unit vacant; second‑floor unit occupied through a lease expiring by the end of the year

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,756
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,120 $355.1K
Cap Rate 7%
$253,657 $253.7K
Cap Rate 9%
$197,289 $197.3K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$27.3K $19.80/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$25.4K $18.41/SF
− OpEx
−$7.6K −$5.52/SF
NOI
$17.8K $12.89/SF
Area
ZIP 19124
Vacancy
7.03%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,120
Cap Rate 7%
$253,657
Cap Rate 9%
$197,289

Alternative Uses

Best Use
Multifamily LT 5
$253.7K
$222.0K – $295.9K (±1% cap)
NOI $17,756 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$233.4K
$204.2K – $272.3K (±1% cap)
NOI $16,338 @ 7.0% cap · market cap 8.17%
Theoretical Best
Specialty Retail
$792.6K
$693.6K – $924.8K (±1% cap)
NOI $55,485 @ 7.0% cap · market cap 27.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

910
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences include separate utilities, basement storage, and rear off-street parking.
Where is this duplex located?
The property is located at 5261 E ROOSEVELT BOULEVARD Philadelphia, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two 1‑bedroom / 1‑bath units in a duplex configuration; 1,378 property size with construction dating to 1935; One unit vacant; second‑floor unit occupied through a lease expiring by the end of the year
More about this property
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