Germantown Duplex with Income
5542 MORRIS Street Philadelphia, PA 19144
5542 MORRIS Street, Philadelphia, PA, 19144
$215,000
For Sale
$215,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,248 SF
Lot Size0.03 Acres
Price / SF$172.28
Days on Market72
Property Features for 5542 MORRIS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street
- Appliances
- Oven/Range - Gas
- 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
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 Updated: Jul 13 at 3:49PM Checked: Jul 22 at 7:06AM
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.
Investment Insights
Based on property information with market context.
Located in Germantown, this 3-story duplex presents a turnkey opportunity for investors and owner-occupants. The property includes two separate units. One unit is a vacant 1-bedroom, 1-bath unit with a kitchen, ready for immediate rental or personal use. The other is a 2-bedroom, 1-bath unit currently owner-occupied, offering a comfortable living space with a kitchen and living area. The property also features an oversized backyard. The location is near the Weavers Way Co-op, Ultimo Coffee, cafes, restaurants, and local shops. A new roof with a 15-year warranty has been installed. The property is suitable for generating cash flow. The building size is 1248 square feet, and the lot size is 0.0344 acres.
Key Highlights
- Brand‑new roof with a 15‑year warranty.
- Duplex with one vacant unit ready for immediate rental income.
- Prime location: walkable to Weavers Way Co‑op, Ultimo Coffee, cafes, restaurants, and local shops.
Local Financial Insights For Apartment 5plus
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 | $37.9k | $30.36 |
| − Vacancy | −$2.2k | −$1.76 |
| EGI | $35.7k | $28.60 |
| − OpEx | −$16.1k | −$12.87 |
| NOI | $19.6k | $15.73 |
1,248 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex in Germantown with immediate income potential.
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: Brand‑new roof with a 15‑year warranty.; Duplex with one vacant unit ready for immediate rental income.; **Prime location: walkable to Weavers Way Co‑op, Ultimo Coffee, cafes, restaurants, and local shops.**
