Renovated Duplex
5643 Market Street Philadelphia, PA 19139
For Sale
$345,000
Pending
Two recently renovated units include in-unit laundry and central air for comfortable, move-in-ready income or owner occupancy.
Property Size1,434 SF
Days on Market104
Property Features for 5643 Market Street
General Information
- Standard status
- Pending
- Size
- 1,434 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
Compass Pennsylvania, LLC
(267) 266-0347
Listed By:
Cassidee Curran · License #RS337027
(267) 266-0347
Source:
Compass
Added: Apr 13
Changed: Jul 23
Last Checked: Jul 24 at 2:59PM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This renovated duplex offers two separate units, each updated within the past year. The property includes in-unit laundry and central air, providing practical comfort and day-to-day convenience for residents.
Located at 5643 Market Street in Philadelphia (19139), the home is offered for sale with showings beginning Wednesday, 4/15, per the listing remarks. It is presented as an opportunity for either an investor or an owner-occupant.
With a duplex configuration and updated interiors, the property is designed to support two-unit residential income while also working well for those looking to occupy one unit and rent the other.
Located at 5643 Market Street in Philadelphia (19139), the home is offered for sale with showings beginning Wednesday, 4/15, per the listing remarks. It is presented as an opportunity for either an investor or an owner-occupant.
With a duplex configuration and updated interiors, the property is designed to support two-unit residential income while also working well for those looking to occupy one unit and rent the other.
Key Highlights
- Duplex in West Philadelphia with both units renovated within the past year
- Each unit includes in‑unit laundry
- Central air in both units
Financial Insights For Multifamily LT 5
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 | $37.0k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $35.0k | $24.38 |
| − OpEx | −$10.5k | −$7.31 |
| NOI | $24.5k | $17.06 |
1,434 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$349.6K
$305.9K – $407.9K
NOI $24,471 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$322.2K
$282.0K – $375.9K
NOI $22,556 @ 7.0% cap · market cap 6.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two recently renovated units include in-unit laundry and central air for comfortable, move-in-ready income or owner occupancy.
Where is this duplex located?
The property is located at 5643 Market Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Duplex in West Philadelphia with both units renovated within the past year; Each unit includes in‑unit laundry; Central air in both units
