Brick Duplex with Attached
New
For Sale
$290,000
5858 PENN Street, Philadelphia, PA 19149
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,574 SF
Lot Size0.03 Acres
Price / SF$184.24
Days on Market2
Property Features for 5858 PENN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
1
Parking features
Driveway, Garage - Attached, On Street
Subdivision
MAYFAIR
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,574 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1243
Utilities
Heating system
Hot Water(Heating)
Cooling system
Wall Unit(s)
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Listing Agency:
Dolan Family Real Estate
(215) 423-8888
Listed By:
Andrea L Mackin · License #RS206220L
(267) 226-7821
Added: Aug 10
Last Checked: Aug 11 at 6:06PM
MLS# PAPH2656886
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.
Investment Insights
Based on property information with market context.
This two-unit brick property at 5858 Penn Street includes 1,574 square feet of building area on a 0.0313-acre lot. The layout includes an upper unit and a first-floor unit, with basement access adding functional storage or service space. An attached garage, driveway, and on-street parking provide several parking arrangements.
Built in 1900, the property features hot water heating and wall-unit cooling. Its Philadelphia location is identified by ZIP Code 19149. The duplex configuration offers separate residential spaces within one building, while the existing garage, basement, and brick construction add practical physical features for continued residential use.
Built in 1900, the property features hot water heating and wall-unit cooling. Its Philadelphia location is identified by ZIP Code 19149. The duplex configuration offers separate residential spaces within one building, while the existing garage, basement, and brick construction add practical physical features for continued residential use.
Key Highlights
- Two‑unit duplex configuration with upper and first‑floor residences
- 1,574 square feet on a 0.0313‑acre lot
- Brick construction dating to 1900
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,414
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $210,957 @ 7.0% cap · market cap 72.74%
Second Best
Multifamily LT 5
$320.2K
$280.2K – $373.6K
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
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit brick residence with basement access, private garage, and multiple parking options.
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 configuration with upper and first‑floor residences; 1,574 square feet on a 0.0313‑acre lot; Brick construction dating to 1900
