12-Unit Multifamily Portfolio
5982-84 HENRY Avenue Philadelphia, PA 19128
New
5982-84 HENRY Avenue, Philadelphia, PA, 19128
$783,333
For Sale
$783,333
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,192 SF
Lot Size0.10 Acres
Price / SF$245.41
Days on Market5
Property Features for 5982-84 HENRY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking
- 4
- Parking features
- Garage - Attached
- Interior features
- Dining Area, Combination Dining/Living, Flat, Floor Plan - Open
- Appliances
- Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- Size
- 3,192 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11661
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1930
- Number of units
- 4
- Building materials
- Masonry
Listing Agency
Coldwell Banker Realty
(215) 923-7600
325 Chestnut Street unit: 1300, Plymouth Meeting, PA
Listed by
Keith M Stallone · License #RS326084
(267) 606-8502
Added: Jul 14 Checked: Jul 18 at 5:06 am
MLS# PAPH2647468
Listing URL
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 12-unit multifamily portfolio is offered as a three-building package deal. The unit mix includes eight 2-bedroom units and four 1-bedroom units, with all units currently occupied and rents reported as fully up to date. Each unit is described as having separate utilities, dedicated storage, an in-building washer/dryer, and a dedicated 1-car garage.
The package is listed to include 5986–5988 and 5994–96 Henry Ave (MLS# PAPH2647570 and MLS# PAPH2647572), along with 5982–84 Henry Avenue (19128). The public remarks describe the properties as located in Roxborough with access to Manayunk, Wissahickon Park, Center City, the Main Line, and public transit. City of Philadelphia licenses are reported as up to date.
Showings require the listing agent to be present, and a POF or pre-approval is required prior to scheduling.
The package is listed to include 5986–5988 and 5994–96 Henry Ave (MLS# PAPH2647570 and MLS# PAPH2647572), along with 5982–84 Henry Avenue (19128). The public remarks describe the properties as located in Roxborough with access to Manayunk, Wissahickon Park, Center City, the Main Line, and public transit. City of Philadelphia licenses are reported as up to date.
Showings require the listing agent to be present, and a POF or pre-approval is required prior to scheduling.
Key Highlights
- 12‑unit multifamily portfolio sold as a 3‑building package: includes 5986‑5988 and 5994‑96 Henry Ave
- Unit mix: eight 2‑bedroom units and four 1‑bedroom units
- Each unit has separate utilities, dedicated storage, and an in‑building washer/dryer
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.9k | $30.36 |
| − Vacancy | −$5.6k | −$1.76 |
| EGI | $91.3k | $28.60 |
| − OpEx | −$41.1k | −$12.87 |
| NOI | $50.2k | $15.73 |
3,192 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$717.3K
$627.6K – $836.8K
NOI $50,209 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$778.2K
$680.9K – $907.9K
NOI $54,471 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Three-building, 12-unit multifamily portfolio with separate utilities, in-unit washer/dryer, storage, and dedicated 1-car garages.
Where is this apartment building located?
The property is located at 5982-84 HENRY Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $783,333.
What are key features of this property?
This property features: 12‑unit multifamily portfolio sold as a 3‑building package: includes 5986‑5988 and 5994‑96 Henry Ave; Unit mix: eight 2‑bedroom units and four 1‑bedroom units; Each unit has separate utilities, dedicated storage, and an in‑building washer/dryer
