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2-Unit Duplex with Basement Access
For Sale
$290,000

5858 PENN STREET, Philadelphia, PA 19149

Two-level duplex with separate upper and first-floor living spaces, plus access to a basement and garage.

Property Size1,574 SF
Days on Market62

Property Features for 5858 PENN STREET

General Information

Standard status Active
Size 1,574 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,243

Building Details

Building Size 1,574 SF
Year Built 1900
Listing Agency: Dolan Family Real Estate
Listed By: Andrea L Mackin · License #RS206220L
Source: Mainlinekw
Added: Aug 10 Changed: Oct 3 Last Checked: Oct 10 at 12:53AM

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 Dolan Family Real Estate

Investment Insights

Based on property information with market context.

Built in 1900, this duplex includes two residential units arranged across the upper and first floors. The property also provides access to a basement and garage, adding supporting space beyond the primary living areas.

The duplex is located at 5858 Penn Street in Philadelphia, Pennsylvania 19149. Its two-unit configuration supports separate occupancy of each residence, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex with upper and first‑floor residences
  • Basement access included
  • Garage access included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,414
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,280 $448.3K
Cap Rate 7%
$320,200 $320.2K
Cap Rate 9%
$249,044 $249.0K
Market Conditions
NOI Build-Up for 1,574 SF
Gross rent
$33.1K $21.00/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$32.0K $20.34/SF
− OpEx
−$9.6K −$6.10/SF
NOI
$22.4K $14.24/SF
Area
ZIP 19149
Vacancy
3.13%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,280
Cap Rate 7%
$320,200
Cap Rate 9%
$249,044

Alternative Uses

Best Use
Apartment 5plus
$3.01M
$2.64M – $3.52M (±1% cap)
NOI $210,957 @ 7.0% cap · market cap 72.74%
Second Best
Multifamily LT 5
$320.2K
$280.2K – $373.6K (±1% cap)
NOI $22,414 @ 7.0% cap · market cap 7.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby

Demographics for 19149, PA

60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level duplex with separate upper and first-floor living spaces, plus access to a basement and garage.
Where is this duplex located?
The property is located at 5858 PENN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex with upper and first‑floor residences; Basement access included; Garage access included
More about this property
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