Philadelphia Duplex Investment
For Sale
$189,000
Pending
5548 North Lawrence Street, Philadelphia, PA 19120
Twin duplex with investment potential in a desirable Philadelphia location.
Property Size1,418 SF
Days on Market114
Property Features for 5548 North Lawrence Street
General Information
Standard status
Pending
Size
1,418 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RSA3
Taxes and HOA fees
Annual Taxes
$3,206
Amenities
No
No Pool
Building Details
Year Built
1930
Listing Agency:
BHHS Fox & Roach-Jenkintown
Listed By:
Paul D Welsh · License #AB067719
(215) 990-2170
Source:
Compass
Added: May 17
Changed: Aug 8
Last Checked: Jul 24 at 3:30PM
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 BHHS Fox & Roach-Jenkintown
Investment Insights
Based on property information with market context.
This twin duplex presents a strong investment opportunity. The first floor unit features a 1 bedroom apartment, while the second floor unit offers a 2 bedroom layout. All utilities, except water, are separate. Both units are currently rented below market at $750 per month. The property needs work and is being sold strictly "as is". The property is located in Philadelphia, within the 19120 MLS Area. The property size is 1418 square feet. The school district is PHILADELPHIA CITY.
Key Highlights
- Strong investment potential with immediate upside for increased cash flow.
- Two units: a 1‑bedroom and a spacious 2‑bedroom layout.
- Separate utilities (except water) for each unit.
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
$15,361
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
8.13%
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%
$307,220
$307.2K
Cap Rate 7%
$219,443
$219.4K
Cap Rate 9%
$170,678
$170.7K
Market Conditions
NOI Build-Up for 1,418 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
$23.7K $16.68/SF
− Vacancy
−$1.7K −$1.20/SF
EGI
$21.9K $15.48/SF
− OpEx
−$6.6K −$4.64/SF
NOI
$15.4K $10.83/SF
Area
ZIP 19120
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%
$307,220
Cap Rate 7%
$219,443
Cap Rate 9%
$170,678
Alternative Uses
Best Use
Multifamily LT 5
$219.4K
$192.0K – $256.0K
NOI $15,361 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$195.2K
$170.8K – $227.7K
NOI $13,663 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$338.7K
$296.4K – $395.2K
NOI $23,711 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,658
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 - Twin duplex with investment potential in a desirable Philadelphia location.
Where is this duplex located?
The property is located at 5548 North Lawrence Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Strong investment potential with immediate upside for increased cash flow.; Two units: **a 1‑bedroom and a spacious 2‑bedroom layout.**; Separate utilities (except water) for each unit.
