Remodeled Duplex with Two
For Sale
$279,000
5419 OSAGE Avenue, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size1,170 SF
Lot Size0.02 Acres
Price / SF$238.46
Days on Market65
Property Features for 5419 OSAGE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
COBBS CREEK
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,170 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
2728
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Building Details
Year built
1925
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Super Realty Group Delco, LLC.
(215) 474-7741
Listed By:
Edward Moore · License #RS338150
(267) 342-4113
Added: Jul 6
Changed: Sep 4
Last Checked: Sep 8 at 8:06AM
MLS# PAPH2644426
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.
Investment Insights
Based on property information with market context.
This masonry duplex contains two separate residential units and will be delivered vacant. The first floor includes one bedroom and one bathroom, while the second floor provides two bedrooms and one bathroom. Both units have undergone remodeling with updated flooring, kitchens, bathrooms, and bright living areas. Forced-air heating and ceiling fans serve the property, with on-street parking available.
Built in 1925, the property sits on a 0.0217-acre lot and contains 1,170 square feet. The address is 5419 Osage Avenue in Philadelphia, Pennsylvania 19143. Public transportation, shopping, parks, and major commuter routes are identified in the surrounding area, providing access to nearby daily services and transportation connections.
Built in 1925, the property sits on a 0.0217-acre lot and contains 1,170 square feet. The address is 5419 Osage Avenue in Philadelphia, Pennsylvania 19143. Public transportation, shopping, parks, and major commuter routes are identified in the surrounding area, providing access to nearby daily services and transportation connections.
Key Highlights
- Two‑unit duplex with one 1‑bedroom unit and one 2‑bedroom unit
- 1,170 square feet on a 0.0217‑acre lot
- Delivered vacant for flexible occupancy or leasing plans
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,675
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$253,500
$253.5K
Cap Rate 7%
$181,071
$181.1K
Cap Rate 9%
$140,833
$140.8K
Market Conditions
NOI Build-Up for 1,170 SF
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.
Gross rent
$19.5K $16.68/SF
− Vacancy
−$1.4K −$1.20/SF
EGI
$18.1K $15.48/SF
− OpEx
−$5.4K −$4.64/SF
NOI
$12.7K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$253,500
Cap Rate 7%
$181,071
Cap Rate 9%
$140,833
Alternative Uses
Best Use
Multifamily LT 5
$181.1K
$158.4K – $211.3K
NOI $12,675 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$161.1K
$140.9K – $187.9K
NOI $11,274 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$401.0K
$350.9K – $467.9K
NOI $28,071 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,409
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with refreshed interiors, flexible occupancy options, and rental income potential.
Where is this duplex located?
The property is located at 5419 OSAGE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom unit and one 2‑bedroom unit; 1,170 square feet on a 0.0217‑acre lot; Delivered vacant for flexible occupancy or leasing plans
