Porch-Front Twin 2/1
For Sale
$300,000
5438 N FAIRHILL STREET, Philadelphia, PA 19120
Porch-front twin 2/1 duplex with a finished basement, full bath and laundry, plus a wet bar.
Days on Market26
Property Features for 5438 N FAIRHILL STREET
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
2,140 SF
Year Built
1935
Tenancy
Multi
Listing Agency:
Realty Mark Associates
(267) 689-7355
Listed By:
Tahzib Bacchus · License #RS330208
(267) 689-7355
Source:
Mainlinekw
Added: Jul 7
Changed: Jul 30
Last Checked: Jul 31 at 11:23AM
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 Realty Mark Associates
Investment Insights
Based on property information with market context.
This fully remodeled porch-front twin 2/1 duplex has been completely remodeled from top to bottom. The home includes a finished basement with an additional full bathroom and laundry area, and features a wet bar. Outside, there are front and back yard spaces, supporting both everyday use and outdoor entertaining.
Built in 1935, the property’s updates appear designed to improve day-to-day livability while keeping the classic duplex layout. The unit configuration includes two bedrooms and one bath per side (2/1), offering a practical setup for owner-occupants or rental households.
The property is presented as a duplex investment opportunity with defined, separate living arrangements and dedicated outdoor space.
Built in 1935, the property’s updates appear designed to improve day-to-day livability while keeping the classic duplex layout. The unit configuration includes two bedrooms and one bath per side (2/1), offering a practical setup for owner-occupants or rental households.
The property is presented as a duplex investment opportunity with defined, separate living arrangements and dedicated outdoor space.
Key Highlights
- Fully remodeled porch‑front twin 2/1 duplex
- Completely remodeled from top to bottom
- Finished basement with full bathroom and laundry area
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 | $35.7k | $16.68 |
| − Vacancy | −$2.6k | −$1.20 |
| EGI | $33.1k | $15.48 |
| − OpEx | −$9.9k | −$4.64 |
| NOI | $23.2k | $10.83 |
2,140 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.2K
$289.8K – $386.4K
NOI $23,183 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$294.6K
$257.8K – $343.7K
NOI $20,620 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$511.2K
$447.3K – $596.4K
NOI $35,784 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,897
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
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 - Porch-front twin 2/1 duplex with a finished basement, full bath and laundry, plus a wet bar.
Where is this duplex located?
The property is located at 5438 N FAIRHILL STREET 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: Fully remodeled porch‑front twin 2/1 duplex; Completely remodeled from top to bottom; Finished basement with full bathroom and laundry area
