12-Unit Multifamily
5986-88 HENRY Avenue Philadelphia, PA 19128
New
5986-88 HENRY Avenue, Philadelphia, PA, 19128
$783,333
For Sale
$783,333
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,192 SF
Lot Size0.07 Acres
Price / SF$245.41
Days on Market5
Property Features for 5986-88 HENRY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking
- 4
- Parking features
- Garage - Attached
- Interior features
- Combination Dining/Living, Dining Area, Floor Plan - Open, Flat
- Appliances
- Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- Size
- 3,192 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11363
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 3:06 am
MLS# PAPH2647570
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 for-sale 12-unit multifamily portfolio is offered as a three-building package. The collection includes eight 2-bedroom units and four 1-bedroom units, with all units currently occupied and rents fully up to date. Each unit is designed with separate utilities, dedicated storage, in-building washer/dryer, and a dedicated 1-car garage.
The portfolio is located in Roxborough, with convenient access to Manayunk, Wissahickon Park, Center City, the Main Line, and public transit.
Properties included in the package are listed as 5982-84 (MLS# PAPH2647468), 5986-88 (the provided address), and 5994-96 (MLS# PAPH2647572). The remarks indicate City of Philadelphia licenses are up to date, and showings require the listing agent to be present with POF or pre-approval prior to scheduling.
The portfolio is located in Roxborough, with convenient access to Manayunk, Wissahickon Park, Center City, the Main Line, and public transit.
Properties included in the package are listed as 5982-84 (MLS# PAPH2647468), 5986-88 (the provided address), and 5994-96 (MLS# PAPH2647572). The remarks indicate City of Philadelphia licenses are up to date, and showings require the listing agent to be present with POF or pre-approval prior to scheduling.
Key Highlights
- 12‑unit multifamily portfolio available as a 3‑building package deal, including 5982–84 and 5994–96 Henry Ave
- Unit mix includes eight 2‑bedroom units and four 1‑bedroom units
- Each unit has dedicated 1‑car garage, dedicated storage, and 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 - Twelve occupied units across three buildings, each with separate utilities, storage, washer/dryer, and a dedicated 1-car garage.
Where is this apartment building located?
The property is located at 5986-88 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 available as a 3‑building package deal, including 5982–84 and 5994–96 Henry Ave; Unit mix includes eight 2‑bedroom units and four 1‑bedroom units; Each unit has dedicated 1‑car garage, dedicated storage, and in‑building washer/dryer
