Three-Story Duplex with
For Sale
$215,000
5542 MORRIS STREET, Philadelphia, PA 19144
Two residential units include a vacant one-bedroom layout and an owner-occupied two-bedroom layout.
Property Size1,248 SF
Days on Market166
Property Features for 5542 MORRIS STREET
General Information
Standard status
Active
Size
1,248 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Philadelphia
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,812
Amenities
backyard
Building Details
Building Size
1,248 SF
Year Built
1900
Buildings
1
Stories
3
Listing Agency:
Houwzer, LLC
Listed By:
Michael DeFiore · License #RS329854
(609) 790-4824
Source:
Lizclarkrealestate
Added: May 12
Changed: Oct 21
Last Checked: Oct 23 at 12:45PM
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 Houwzer, LLC
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Investment Insights
Based on property information with market context.
Located at 5542 Morris St in Philadelphia’s Germantown neighborhood, this 1,248-square-foot, three-story duplex contains two separate residential units. One unit offers 1 bedroom, 1 bath, and a kitchen and is vacant. The second includes 2 bedrooms, 1 bath, a kitchen, and a living area and is currently owner-occupied.
The property also includes an oversized backyard and a brand-new roof backed by a 15-year warranty. Weavers Way Co-op is steps away, while Ultimo Coffee and Germantown cafes, restaurants, and local shops are located a few blocks from the property.
The property also includes an oversized backyard and a brand-new roof backed by a 15-year warranty. Weavers Way Co-op is steps away, while Ultimo Coffee and Germantown cafes, restaurants, and local shops are located a few blocks from the property.
Key Highlights
- 1,248‑square‑foot, three‑story duplex at 5542 Morris St
- Two separate units with 1‑bedroom and 2‑bedroom layouts
- Vacant 1‑bedroom, 1‑bath unit with kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,630
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,600
$392.6K
Cap Rate 7%
$280,429
$280.4K
Cap Rate 9%
$218,111
$218.1K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$37.9K $30.36/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$35.7K $28.60/SF
− OpEx
−$16.1K −$12.87/SF
NOI
$19.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,600
Cap Rate 7%
$280,429
Cap Rate 9%
$218,111
Alternative Uses
Best Use
Multifamily LT 5
$304.2K
$266.2K – $355.0K
NOI $21,297 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$280.4K
$245.4K – $327.2K
NOI $19,630 @ 7.0% cap · market cap 9.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
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 include a vacant one-bedroom layout and an owner-occupied two-bedroom layout.
Where is this duplex located?
The property is located at 5542 MORRIS STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,248‑square‑foot, three‑story duplex at 5542 Morris St; Two separate units with 1‑bedroom and 2‑bedroom layouts; Vacant 1‑bedroom, 1‑bath unit with kitchen
