Two-Unit Duplex with
For Sale
$225,000
6253 N 5th St, Philadelphia, PA 19120
Residential income property with one occupied unit, one vacant unit, and attached garage space.
Property Size1,400 SF
Price / SF$160.71
Days on Market439
Property Features for 6253 N 5th St
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
light turnover work
Site & Location
Neighborhood
Northwest Philadelphia
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,362
Building Details
Buildings
1
Listing Agency:
Acquisition Team LLC
Listed By:
Eugene Zlotnikov · License #RS319486
(856) 214-5397
Source:
Exprealty
Added: Aug 11, 2025
Changed: Oct 16
Last Checked: Oct 20 at 9:45PM
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 Acquisition Team LLC
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Investment Insights
Based on property information with market context.
This duplex contains two one-bedroom, one-bathroom units within approximately 1,400 square feet. The first-floor residence is occupied by a tenant who has been in place for more than 6 years without a lease, while the second-floor unit is vacant and can be prepared for occupancy with light turnover work. The property is described as being in fair condition.
Building systems include separate gas meters and hot water tanks, along with one electric box and one water meter. Heating is provided by gas radiators, and the roof was completed around 2000. Attached garages provide additional property functionality. The property is located at 6253 N 5th St in Philadelphia, Pennsylvania.
Building systems include separate gas meters and hot water tanks, along with one electric box and one water meter. Heating is provided by gas radiators, and the roof was completed around 2000. Attached garages provide additional property functionality. The property is located at 6253 N 5th St in Philadelphia, Pennsylvania.
Key Highlights
- Two one‑bedroom, one‑bathroom units in approximately 1,400 SF
- First‑floor unit occupied by a tenant in place for more than 6 years without a lease
- Second‑floor unit is vacant and suited for light turnover work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,166
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,320
$303.3K
Cap Rate 7%
$216,657
$216.7K
Cap Rate 9%
$168,511
$168.5K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$23.4K $16.68/SF
− Vacancy
−$1.7K −$1.20/SF
EGI
$21.7K $15.48/SF
− OpEx
−$6.5K −$4.64/SF
NOI
$15.2K $10.83/SF
Area
ZIP 19120
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,320
Cap Rate 7%
$216,657
Cap Rate 9%
$168,511
Alternative Uses
Best Use
Multifamily LT 5
$216.7K
$189.6K – $252.8K
NOI $15,166 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$192.7K
$168.6K – $224.8K
NOI $13,490 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$334.4K
$292.6K – $390.2K
NOI $23,410 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
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Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
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 - Residential income property with one occupied unit, one vacant unit, and attached garage space.
Where is this duplex located?
The property is located at 6253 N 5th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units in approximately 1,400 SF; First‑floor unit occupied by a tenant in place for more than 6 years without a lease; Second‑floor unit is vacant and suited for light turnover work
