Duplex with Private
New
For Sale
$335,000
5901 HOUGHTON STREET, Philadelphia, PA 19128
Block, brick, and concrete construction pairs with on-street parking and a private porch.
Property Size1,509 SF
Lot Size0.03 Acres
Days on Market5
Property Features for 5901 HOUGHTON STREET
General Information
Standard status
Active
Size
1,509 SF
Lot size
0.03 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Philadelphia
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,647
Amenities
private porch
Building Details
Building Size
1,509 SF
Year Built
1960
Construction
block, brick, and concrete
Listing Agency:
Parrella Realty & Propert Management
Listed By:
James P Parrella Jr. · License #RM425778
(267) 977-7442
Source:
Lizclarkrealestate
Added: Oct 27
Changed: Oct 31
Last Checked: Oct 30 at 6:02PM
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 Parrella Realty & Propert Management
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Investment Insights
Based on property information with market context.
This duplex was built in 1960 and occupies a 0.03-acre lot. Its exterior combines block, brick, and concrete construction. The residence is in average condition, with scope for a future owner to retain its existing character or make changes. A private porch provides an outdoor feature, while parking is available on the street.
The property is in Philadelphia, with local shops, dining, and parks described in the surrounding area. The listing identifies no pool.
The property is in Philadelphia, with local shops, dining, and parks described in the surrounding area. The listing identifies no pool.
Key Highlights
- Duplex built in 1960
- 0.03‑acre lot
- Exterior construction includes block, brick, and concrete
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,751
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,020
$515.0K
Cap Rate 7%
$367,871
$367.9K
Cap Rate 9%
$286,122
$286.1K
Market Conditions
NOI Build-Up for 1,509 SF
Gross rent
$38.9K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.8K $24.38/SF
− OpEx
−$11.0K −$7.31/SF
NOI
$25.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,020
Cap Rate 7%
$367,871
Cap Rate 9%
$286,122
Alternative Uses
Best Use
Multifamily LT 5
$367.9K
$321.9K – $429.2K
NOI $25,751 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$339.1K
$296.7K – $395.6K
NOI $23,736 @ 7.0% cap · market cap 7.09%
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
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Block, brick, and concrete construction pairs with on-street parking and a private porch.
Where is this duplex located?
The property is located at 5901 HOUGHTON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Duplex built in 1960; 0.03‑acre lot; Exterior construction includes block, brick, and concrete
