Three-Story Duplex with
For Sale
$215,000
5542 MORRIS Street, Philadelphia, PA 19144
Multi-Family, PHILADELPHIA, PA
Property Size1,248 SF
Lot Size0.03 Acres
Price / SF$172.28
Days on Market164
Property Features for 5542 MORRIS Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Off Street
Appliances
Oven/Range - Gas
Subdivision
GERMANTOWN (WEST)
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,248 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2812
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
oversized backyard
Building Details
Year built
1900
Number of units
2
Building materials
Stucco, Concrete
Listing Agency:
Houwzer, LLC
(267) 765-2080
Listed By:
Michael DeFiore · License #RS329854
(609) 790-4824
Added: May 12
Changed: Sep 29
Last Checked: Oct 22 at 8:06AM
MLS# PAPH2620650
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.
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Investment Insights
Based on property information with market context.
This three-story duplex contains two separate residences. The vacant unit has one bedroom, one bathroom, and a kitchen, while the second apartment offers two bedrooms, one bathroom, a kitchen, and living space. The property also includes a basement, oversized backyard, off-street parking, forced-air heating, central air, and a gas oven/range. A new roof is backed by a 15-year warranty.
The property is located at 5542 MORRIS Street in Philadelphia’s Germantown area, near Weavers Way Co-op and a few blocks from Ultimo Coffee. Cafes, restaurants, local shops, and grocery access are described as walkable from the property.
Built in 1900, the duplex sits on 0.0344 acres and contains 1,248 square feet. The existing unit configuration provides a vacant apartment alongside an owner-occupied residence.
The property is located at 5542 MORRIS Street in Philadelphia’s Germantown area, near Weavers Way Co-op and a few blocks from Ultimo Coffee. Cafes, restaurants, local shops, and grocery access are described as walkable from the property.
Built in 1900, the duplex sits on 0.0344 acres and contains 1,248 square feet. The existing unit configuration provides a vacant apartment alongside an owner-occupied residence.
Key Highlights
- Two‑unit duplex with one vacant apartment and one owner‑occupied unit
- 1,248 square feet across a three‑story layout
- 0.0344‑acre lot with an oversized backyard
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units include a vacant one-bedroom apartment and an owner-occupied two-bedroom residence.
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: Two‑unit duplex with one vacant apartment and one owner‑occupied unit; 1,248 square feet across a three‑story layout; 0.0344‑acre lot with an oversized backyard
