Duplex with Finished
New
For Sale
$370,000
5931 CHESTNUT Street, Philadelphia, PA 19139
Multi-Family, PHILADELPHIA, PA
Property Size1,512 SF
Lot Size0.03 Acres
Price / SF$244.71
Days on Market2
Property Features for 5931 CHESTNUT Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
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
1,512 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2098
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
central air conditioning
rear porch
finished basement
washer and dryer
Building Details
Year built
1925
Number of units
2
Building materials
Brick, Shingle Siding
Architectural style
Other
Listing Agency:
Century 21 Advantage Gold-Southampton · Century 21 Real Estate
(215) 322-7050
Listed By:
Collette B Walsh · License #RS312780
(215) 806-1253
Added: Oct 8
Last Checked: Oct 9 at 2:06PM
MLS# PAPH2679032
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 Philadelphia duplex contains two renovated residences within 1,512 square feet. Each unit has two bedrooms and a full bathroom, along with its own gas and electric meters, heater, and central air conditioning. Improvements include updated kitchens with stainless steel appliances, new flooring and tile, recessed lighting, iron railings, and new hot water heaters. The first-floor residence has an open living and kitchen area, a rear porch, and direct basement access. Its finished basement adds living space, laundry, utility closets, and a bedroom with a full bathroom. The upper residence includes a separate living area and kitchen. The first-floor open layout can also be used as commercial space.
Key Highlights
- Two‑unit duplex with 1,512 square feet of building area
- Each residence has two bedrooms and a full bathroom
- Separate gas and electric meters, heater, and central AC for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,802
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,040
$516.0K
Cap Rate 7%
$368,600
$368.6K
Cap Rate 9%
$286,689
$286.7K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$39.0K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.9K $24.38/SF
− OpEx
−$11.1K −$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%
$516,040
Cap Rate 7%
$368,600
Cap Rate 9%
$286,689
Alternative Uses
Best Use
Multifamily LT 5
$368.6K
$322.5K – $430.0K
NOI $25,802 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$339.8K
$297.3K – $396.4K
NOI $23,783 @ 7.0% cap · market cap 6.43%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,779
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each offer two bedrooms, individual utility meters, and dedicated heating and cooling systems.
Where is this duplex located?
The property is located at 5931 CHESTNUT Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,512 square feet of building area; Each residence has two bedrooms and a full bathroom; Separate gas and electric meters, heater, and central AC for each unit
