Updated Two-Unit
For Sale
$300,000
5324 N Marvine St, Philadelphia, PA 19141
Two residential units feature central air, modern kitchens, and basement laundry and storage access.
Property Size1,246 SF
Price / SF$240.77
Days on Market100
Property Features for 5324 N Marvine St
General Information
Standard status
Active
Size
1,246 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
central air
ceiling fan
recessed lighting
stainless steel appliances
washer/dryer
storage
Building Details
Year Built
1950
Listing Agency:
Marvin Capps Realty Inc
Listed By:
Yasmeen N. Lockett · License #RS327676
(267) 307-0207
Source:
Upgradebymichaud
Added: Jul 16
Changed: Oct 10
Last Checked: Oct 20 at 10:05PM
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 Marvin Capps Realty Inc
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 updated duplex contains two 1-bedroom, 1-bath units with central air, ceiling fans, recessed lighting, and refreshed kitchen finishes. Each kitchen includes stainless steel appliances and attractive countertops. A separate basement entrance leads to a washer and dryer, along with substantial storage space that supports convenient day-to-day use.
The property is located at 5324 N Marvine Street in Philadelphia, near Broad & Olney Transportation Center and within a 10-minute walk of Fern Rock Station. Einstein Medical Center is also nearby. Built in 1950, the duplex combines a two-unit residential configuration with updated interior features and access to local transportation and healthcare facilities.
The property is located at 5324 N Marvine Street in Philadelphia, near Broad & Olney Transportation Center and within a 10-minute walk of Fern Rock Station. Einstein Medical Center is also nearby. Built in 1950, the duplex combines a two-unit residential configuration with updated interior features and access to local transportation and healthcare facilities.
Key Highlights
- Two 1‑bedroom, 1‑bath units
- Updated interiors with central air, ceiling fans, and recessed lighting
- Kitchens equipped with stainless steel appliances and attractive countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,263
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,260
$425.3K
Cap Rate 7%
$303,757
$303.8K
Cap Rate 9%
$236,256
$236.3K
Market Conditions
NOI Build-Up for 1,246 SF
Gross rent
$32.1K $25.80/SF
− Vacancy
−$1.8K −$1.42/SF
EGI
$30.4K $24.38/SF
− OpEx
−$9.1K −$7.31/SF
NOI
$21.3K $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%
$425,260
Cap Rate 7%
$303,757
Cap Rate 9%
$236,256
Alternative Uses
Best Use
Multifamily LT 5
$303.8K
$265.8K – $354.4K
NOI $21,263 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$280.0K
$245.0K – $326.7K
NOI $19,599 @ 7.0% cap · market cap 6.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,985
Businesses Nearby
Explore this area
Business Placement
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
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 residential units feature central air, modern kitchens, and basement laundry and storage access.
Where is this duplex located?
The property is located at 5324 N Marvine St Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units; Updated interiors with central air, ceiling fans, and recessed lighting; Kitchens equipped with stainless steel appliances and attractive countertops
