Renovated Two-Unit
New
For Sale
$245,000
5845 CRITTENDEN STREET, Philadelphia, PA 19138
The three-story property contains two apartments with distinct bedroom and bathroom configurations.
Property Size1,425 SF
Price / SF$171.93
Days on Market4
Property Features for 5845 CRITTENDEN STREET
General Information
Standard status
Active
Size
1,425 SF
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
1 x 2 bed/1 bath, 1 x bi-level 3 bed/2 bath
Multifamily Units
2
Additional Details
Gross Income
$40,848
Building Details
Year Built
1915
Buildings
1
Stories
3
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Michael P Cohen · License #AB066937
(610) 331-7213
Source:
Cummingsrealtors
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 7:53PM
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 KW Empower
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Investment Insights
Based on property information with market context.
At 5845 Crittenden Street, this three-story duplex contains two apartments: one with 2 bedrooms and 1 bathroom, and a bi-level unit with 3 bedrooms and 2 bathrooms. The property was built in 1915 and renovated a few years ago. Both units are rented.
The owner pays for water, while tenants are responsible for gas and electric service.
The owner pays for water, while tenants are responsible for gas and electric service.
Key Highlights
- Two apartments: one 2‑bedroom/1‑bath unit and one bi‑level 3‑bedroom/2‑bath unit
- Three‑story building, constructed in 1915
- Both apartments are rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,415
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,300
$448.3K
Cap Rate 7%
$320,214
$320.2K
Cap Rate 9%
$249,056
$249.1K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$43.3K $30.36/SF
− Vacancy
−$2.5K −$1.76/SF
EGI
$40.8K $28.60/SF
− OpEx
−$18.3K −$12.87/SF
NOI
$22.4K $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%
$448,300
Cap Rate 7%
$320,214
Cap Rate 9%
$249,056
Alternative Uses
Best Use
Multifamily LT 5
$347.4K
$304.0K – $405.3K
NOI $24,317 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K
NOI $22,415 @ 7.0% cap · market cap 9.15%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
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 - The three-story property contains two apartments with distinct bedroom and bathroom configurations.
Where is this duplex located?
The property is located at 5845 CRITTENDEN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two apartments: one 2‑bedroom/1‑bath unit and one bi‑level 3‑bedroom/2‑bath unit; Three‑story building, constructed in 1915; Both apartments are rented
