Renovated Duplex in West
5803 SPRUCE Street, Philadelphia, PA 19139
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property size:
1,420 SFLot size:
0.03 AcresPrice / SF:
$246/SF- Added:
- Apr 16, 2026
- Days on Market:
- 38
- Last Refresh:
- May 23 at 3:06 pm
Property Features for 5803 SPRUCE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room
- Parking features
- On Street
- Interior features
- Bathroom - Walk-In Shower, Bathroom - Tub Shower, Combination Dining/Living, Upgraded Countertops, Recessed Lighting, Kitchen - Table Space, Kitchen - Eat-In, Floor Plan - Open, Entry Level Bedroom
- Appliances
- Water Heater - High-Efficiency, Water Heater - Tankless, WaterHeater, Washer - Front Loading, Washer/Dryer Stacked, Stove, Built-In Range, Built-In Microwave, Dishwasher, Disposal, ENERGY STAR Refrigerator, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
- Standard status
- Active Under Contract
- Size
- 1,420 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2463
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Kimberley A Porter License #RS281553 (267) 249-4991
Listing office Keller Williams Real Estate-Doylestown 259 S Veterans Lane unit: 101, DOYLESTOWN, PA (215) 340-5700
Listing date Apr 16, 2026
MLS# PAPH2604748
Listing URL
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.
HighLights
- Fully renovated duplex (completed in 2026) with two turnkey units, ideal for immediate rental income or owner‑occupancy.
- Each unit has in‑unit laundry and central air conditioning.
- First‑floor unit features two bedrooms, one bathroom with accessibility features, and private rear yard access.
- Second‑floor unit features three bedrooms and one bathroom.
- New major systems and finishes throughout, ensuring minimal maintenance.
- Convenient location in West Philadelphia's Cobbs Creek section, with easy access to University City, Center City, and Philadelphia International Airport.
Overview
Located in the Cobbs Creek section of West Philadelphia, this fully renovated duplex was completed in 2026. It features two turnkey units designed with modern comfort and convenience. Each unit has private access through the front enclosed porch and offers spacious layouts with in-unit laundry. The first-floor unit includes two bedrooms and one full bathroom with accessibility features. It also offers direct access to a private rear yard and access to the full basement, providing flex space for storage or hobbies. The second-floor unit features three bedrooms and one full bathroom, finished with the same level of quality and attention to detail. Both units include stackable washer and dryer and are equipped with central air conditioning. All major systems and finishes are new. The property is suitable for investors or owner-occupants looking to offset expenses with rental income. The area continues to show strong growth and development. The property is conveniently located with easy access to University City, Center City, and Philadelphia International Airport. The lot size is 0.0294 acres, and the property size is 1420 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$269.2K
NOI $24,232 @ 9.00% cap · cautious / downside scenario
Moderate
$346.2K
NOI $24,232 @ 7.00% cap · market / base-case scenario
Aggressive
$484.6K
NOI $24,232 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.6k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $34.6k | $24.38 |
| − OpEx | −$10.4k | −$7.31 |
| NOI | $24.2k | $17.06 |
1,420 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$346.2K
$302.9K – $403.9K
NOI $24,232 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$319.1K
$279.2K – $372.3K
NOI $22,336 @ 7.0% cap · market cap 6.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.238091
- Latitude
- 39.95631
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully renovated duplex with modern amenities in a growing location.
Where is this duplex located?
The property is located at 5803 SPRUCE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Fully renovated duplex (completed in 2026) with two turnkey units, ideal for immediate rental income or owner‑occupancy.; Each unit has in‑unit laundry and central air conditioning.; First‑floor unit features two bedrooms, one bathroom with accessibility features, and private rear yard access.
