Updated Duplex with Two
For Sale
$209,900
5739 SPRINGFIELD AVENUE, Philadelphia, PA 19143
Separately metered residences feature renovated kitchens and bathrooms with distinct one-bedroom and two-bedroom layouts.
Property Size1,386 SF
Price / SF$151.44
Days on Market72
Property Features for 5739 SPRINGFIELD AVENUE
General Information
Standard status
Active
Size
1,386 SF
Property subtype
Duplex
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Luxe Real Estate LLC
(215) 326-9095
Listed By:
Michelle Phillips · License #RM425239
(215) 251-7519
Source:
Cummingsrealtors
Added: Aug 12
Changed: Oct 21
Last Checked: Oct 20 at 9:08PM
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 Luxe Real Estate LLC
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Investment Insights
Based on property information with market context.
Built in 1920, this 1,386 SF duplex contains two separately metered residences. The first-floor apartment is a one-bedroom unit with new flooring, a refreshed kitchen with white shaker cabinetry, updated countertops, backsplash, and newer appliances. Its bathroom includes tilework, updated flooring, and a modern vanity. The second-floor apartment offers two bedrooms and is currently vacant, with a renovated kitchen and bathroom featuring matching contemporary finishes.
Each residence has its own utility meter, and occupants are responsible for their respective utilities. The property is located at 5739 Springfield Avenue in Philadelphia’s Kingsessing neighborhood, with access to public transportation, nearby shops, dining, and other city services.
Each residence has its own utility meter, and occupants are responsible for their respective utilities. The property is located at 5739 Springfield Avenue in Philadelphia’s Kingsessing neighborhood, with access to public transportation, nearby shops, dining, and other city services.
Key Highlights
- Two‑unit duplex with 1,386 SF of building area
- First‑floor one‑bedroom unit is currently rented
- Vacant second‑floor two‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,015
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,300
$300.3K
Cap Rate 7%
$214,500
$214.5K
Cap Rate 9%
$166,833
$166.8K
Market Conditions
NOI Build-Up for 1,386 SF
Gross rent
$23.1K $16.68/SF
− Vacancy
−$1.7K −$1.20/SF
EGI
$21.4K $15.48/SF
− OpEx
−$6.4K −$4.64/SF
NOI
$15.0K $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 Rate 5%
$300,300
Cap Rate 7%
$214,500
Cap Rate 9%
$166,833
Alternative Uses
Best Use
Multifamily LT 5
$214.5K
$187.7K – $250.3K
NOI $15,015 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$190.8K
$166.9K – $222.6K
NOI $13,355 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$475.0K
$415.7K – $554.2K
NOI $33,253 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,162
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separately metered residences feature renovated kitchens and bathrooms with distinct one-bedroom and two-bedroom layouts.
Where is this duplex located?
The property is located at 5739 SPRINGFIELD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,386 SF of building area; First‑floor one‑bedroom unit is currently rented; Vacant second‑floor two‑bedroom unit
