12-Unit Multifamily
For Sale
$783,333
5994 HENRY AVENUE, Philadelphia, PA 19128
12 units across three buildings with in-unit washer/dryer, dedicated storage, and separate utilities, all currently occupied.
Property Size3,192 SF
Days on Market88
Property Features for 5994 HENRY AVENUE
General Information
Standard status
Active
Size
3,192 SF
Total Parking Spaces
12
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$11,346
Building Details
Building Size
3,192 SF
Year Built
1930
Listing Agency:
Coldwell Banker Realty
Listed By:
Keith M Stallone · License #RS326084
(267) 606-8502
Source:
Lizclarkrealestate
Added: Jul 14
Changed: Oct 3
Last Checked: Oct 7 at 6:34PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This is a 12-unit multifamily portfolio offered as a three-building package deal. The collection includes eight 2-bedroom units and four 1-bedroom units. Each unit features separate utilities, dedicated storage, an in-building washer/dryer, and a dedicated 1-car garage.
The portfolio is located in Roxborough at 5994 Henry Avenue, Philadelphia, PA 19128, and is sold together with the additional buildings referenced as MLS #PAPH2647468 (5982–5984) and MLS #PAPH2647570 (5986–5988). All units are currently occupied and rents are fully up to date.
For showings, the listing agent must be present and proof of funds or pre-approval is required prior to scheduling. The City of Philadelphia licenses are stated to be up to date.
The portfolio is located in Roxborough at 5994 Henry Avenue, Philadelphia, PA 19128, and is sold together with the additional buildings referenced as MLS #PAPH2647468 (5982–5984) and MLS #PAPH2647570 (5986–5988). All units are currently occupied and rents are fully up to date.
For showings, the listing agent must be present and proof of funds or pre-approval is required prior to scheduling. The City of Philadelphia licenses are stated to be up to date.
Key Highlights
- 12‑unit multifamily portfolio in Roxborough, built in 1930, sold as a 3‑building package
- Includes 5982‑5984 and 5986‑5988 Henry Ave (MLS# PAPH2647468 and MLS# PAPH2647570)
- Unit mix: eight 2‑bedroom units and four 1‑bedroom units across the three buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,209
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,180
$1.0M
Cap Rate 7%
$717,271
$717.3K
Cap Rate 9%
$557,878
$557.9K
Market Conditions
NOI Build-Up for 3,192 SF
Gross rent
$96.9K $30.36/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$91.3K $28.60/SF
− OpEx
−$41.1K −$12.87/SF
NOI
$50.2K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,180
Cap Rate 7%
$717,271
Cap Rate 9%
$557,878
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 authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
968
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 12 units across three buildings with in-unit washer/dryer, dedicated storage, and separate utilities, all currently occupied.
Where is this apartment building located?
The property is located at 5994 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 in Roxborough, built in 1930, sold as a 3‑building package; Includes 5982‑5984 and 5986‑5988 Henry Ave (MLS# PAPH2647468 and MLS# PAPH2647570); Unit mix: eight 2‑bedroom units and four 1‑bedroom units across the three buildings
