Remodeled Duplex with Rental
For Sale
$319,900
5843 CRITTENDEN STREET, Philadelphia, PA 19138
Fully leased two-unit property with updated systems, kitchens, and baths, plus separate tenant utility responsibility for most services.
Property Size1,753 SF
Days on Market145
Property Features for 5843 CRITTENDEN STREET
General Information
Standard status
Active
Size
1,753 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
Northwest Philadelphia
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Gross Income
$43,920
Taxes and HOA fees
Annual Taxes
$3,429
Building Details
Building Size
1,753 SF
Year Built
1915
Tenancy
Multi
Listing Agency:
REDBLOCK Realty Inc.
Listed By:
Emanuel Kosacci · License #RS290429
(215) 500-0134
Source:
Lizclarkrealestate
Added: Jun 2
Changed: Oct 21
Last Checked: Oct 23 at 4:02PM
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 REDBLOCK Realty Inc.
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Investment Insights
Based on property information with market context.
This licensed duplex contains two residential units totaling 1,753 square feet. The first floor offers two bedrooms and one bathroom, while the second floor includes three bedrooms and two bathrooms. Both units are currently occupied, with tenants responsible for utilities other than water.
The property underwent a comprehensive renovation 3 years ago, including replacement HVAC, electrical, and plumbing systems. Kitchens and bathrooms were also updated during the work. One unit is occupied through the Section 8 program, and the property includes a rental license for two units. Located at 5843 Crittenden Street in Philadelphia, the building is configured for continued two-unit residential use.
The property underwent a comprehensive renovation 3 years ago, including replacement HVAC, electrical, and plumbing systems. Kitchens and bathrooms were also updated during the work. One unit is occupied through the Section 8 program, and the property includes a rental license for two units. Located at 5843 Crittenden Street in Philadelphia, the building is configured for continued two-unit residential use.
Key Highlights
- Licensed duplex with approval for 2 units
- 1,753 square feet with 2‑bedroom and 3‑bedroom units
- First‑floor unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,574
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,480
$551.5K
Cap Rate 7%
$393,914
$393.9K
Cap Rate 9%
$306,378
$306.4K
Market Conditions
NOI Build-Up for 1,753 SF
Gross rent
$53.2K $30.36/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$50.1K $28.60/SF
− OpEx
−$22.6K −$12.87/SF
NOI
$27.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,480
Cap Rate 7%
$393,914
Cap Rate 9%
$306,378
Alternative Uses
Best Use
Multifamily LT 5
$427.4K
$373.9K – $498.6K
NOI $29,915 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$393.9K
$344.7K – $459.6K
NOI $27,574 @ 7.0% cap · market cap 8.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
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Business Placement
Demographics for 19138, PA
31,816
Population
13,836
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
17,676
Density / Sq Mi
$51,586
Median Household Income
$36,956
Median Earnings
$1,172
Median Rent
$167,300
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 - Fully leased two-unit property with updated systems, kitchens, and baths, plus separate tenant utility responsibility for most services.
Where is this duplex located?
The property is located at 5843 CRITTENDEN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Licensed duplex with approval for 2 units; 1,753 square feet with 2‑bedroom and 3‑bedroom units; First‑floor unit includes 2 bedrooms and 1 bathroom
