Renovated
For Sale
$299,000
5304 CHESTNUT Street, Philadelphia, PA 19139
Multi-Family, PHILADELPHIA, PA
Property Size1,457 SF
Lot Size0.03 Acres
Price / SF$205.22
Days on Market67
Property Features for 5304 CHESTNUT Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room
Parking features
On Street
Interior features
Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting
Appliances
Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Subdivision
COBBS CREEK
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,457 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
3033
Utilities
Heating system
Forced Air
Cooling system
Zoned, Central Air
Amenities
central air
in-unit laundry
front porch
basement storage
Building Details
Year built
1925
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Nafisa Bunch · License #RS330255
(267) 784-0037
Added: Aug 17
Changed: Oct 1
Last Checked: Oct 22 at 2:06AM
MLS# PAPH2659244
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick duplex contains 1,457 square feet and dates to 1925. A 2023 renovation replaced major building components, including the roof, windows, plumbing, electrical, framing, and mechanical systems. The property has two apartments, each with two bedrooms and one bathroom, its own entrance, central air, laundry, and separately metered utilities. Kitchens include stainless steel appliances and quartz countertops. A front porch serves both units, while the first-floor apartment also has access to an unfinished basement used for storage.
Both apartments have been occupied by the same tenants since the renovation. The RM-1-zoned property is in Philadelphia, with access to the 52, 21, and 42 bus routes, the 34 trolley, and the Market-Frankford line. The lot measures 0.0272 acres.
Both apartments have been occupied by the same tenants since the renovation. The RM-1-zoned property is in Philadelphia, with access to the 52, 21, and 42 bus routes, the 34 trolley, and the Market-Frankford line. The lot measures 0.0272 acres.
Key Highlights
- Two 2‑bedroom, 1‑bath apartments
- 1,457 square feet on a 0.0272‑acre lot
- Major systems and building components replaced in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,864
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,280
$497.3K
Cap Rate 7%
$355,200
$355.2K
Cap Rate 9%
$276,267
$276.3K
Market Conditions
NOI Build-Up for 1,457 SF
Gross rent
$37.6K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$35.5K $24.38/SF
− OpEx
−$10.7K −$7.31/SF
NOI
$24.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,280
Cap Rate 7%
$355,200
Cap Rate 9%
$276,267
Alternative Uses
Best Use
Multifamily LT 5
$355.2K
$310.8K – $414.4K
NOI $24,864 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$327.4K
$286.5K – $382.0K
NOI $22,918 @ 7.0% cap · market cap 7.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer private entrances, separate utility meters, central air, and in-unit laundry.
Where is this duplex located?
The property is located at 5304 CHESTNUT Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath apartments; 1,457 square feet on a 0.0272‑acre lot; Major systems and building components replaced in 2023
