Corner Duplex with Two 1BR
For Sale
$205,000
5633 Malcolm Street, Philadelphia, PA 19143
Two 1-bedroom, 1-bath units with one vacant and one occupied, near a school, park, and transit.
Property Size1,200 SF
Price / SF$170.83
Days on Market168
Property Features for 5633 Malcolm Street
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Multi-Family
Zoning
RSA5
Occupancy
50%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,750
Amenities
Full
Natural Gas
No
Yes
Assessor
No Pool
Public
R30
15.00 x 62.00
0.02
On Street
Brick/Mortar
39300.00
Building Details
Building Size
1,200 SF
Year Built
1925
Tenancy
Multi
Listing Agency:
EXP Realty, LLC
(856) 630-4482
Listed By:
Julia Joyce-Hall · License #1540241
(856) 630-4482
Source:
Thetristaterealestategroup
Added: Mar 6
Changed: Aug 20
Last Checked: Aug 21 at 4:19AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This corner duplex includes two separate 1-bedroom, 1-bath units. Unit 1 is currently vacant, providing immediate flexibility for an owner-occupant or a new tenant. Unit 2 is occupied, offering an income-producing arrangement alongside the vacant unit.
The property is located in Southwest Philadelphia and sits on a corner configuration. It is described as within a short walking distance of W.C. Longstreth Elementary School, Cobbs Creek Park, and public transit stations, supporting convenient access for residents.
From an ownership standpoint, the layout can work well for buyers seeking to live in one unit while renting the other. For investors, having one unit already occupied and one unit available can simplify operating planning and allow for rental transition based on leasing needs. As a duplex-style residential income property, it is specifically suited to tenants looking for privacy and a straightforward, two-unit configuration.
The property is located in Southwest Philadelphia and sits on a corner configuration. It is described as within a short walking distance of W.C. Longstreth Elementary School, Cobbs Creek Park, and public transit stations, supporting convenient access for residents.
From an ownership standpoint, the layout can work well for buyers seeking to live in one unit while renting the other. For investors, having one unit already occupied and one unit available can simplify operating planning and allow for rental transition based on leasing needs. As a duplex-style residential income property, it is specifically suited to tenants looking for privacy and a straightforward, two-unit configuration.
Key Highlights
- Corner duplex with two 1‑bedroom, 1‑bath units (Unit 1 vacant; Unit 2 occupied)
- Year built 1925 with full basement and brick/mortar foundation
- Central air (Y/N: Yes) with natural gas hot water and natural gas heating
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
$13,000
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
6.34%
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%
$260,000
$260.0K
Cap Rate 7%
$185,714
$185.7K
Cap Rate 9%
$144,444
$144.4K
Market Conditions
NOI Build-Up for 1,200 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
$20.0K $16.68/SF
− Vacancy
−$1.4K −$1.20/SF
EGI
$18.6K $15.48/SF
− OpEx
−$5.6K −$4.64/SF
NOI
$13.0K $10.83/SF
Area
ZIP 19143
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%
$260,000
Cap Rate 7%
$185,714
Cap Rate 9%
$144,444
Alternative Uses
Best Use
Multifamily LT 5
$185.7K
$162.5K – $216.7K
NOI $13,000 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$165.2K
$144.5K – $192.7K
NOI $11,563 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$411.3K
$359.9K – $479.9K
NOI $28,791 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,373
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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 - Two 1-bedroom, 1-bath units with one vacant and one occupied, near a school, park, and transit.
Where is this duplex located?
The property is located at 5633 Malcolm Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Corner duplex with two 1‑bedroom, 1‑bath units (Unit 1 vacant; Unit 2 occupied); Year built 1925 with full basement and brick/mortar foundation; Central air (Y/N: Yes) with natural gas hot water and natural gas heating
