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$199,000

5230 N 2nd St Philadelphia, PA 19120

1,688 sqft
0.06 acres
$118 / sqft
Multi-Family

Property details

About 5230 N 2nd St

Newly Repriced! This duplex property is packed with potential and primed for your vision. Once renovated, the property has the potential to generate over $34,450 in annual rental income. Even after factoring in acquisition and renovation costs, the investment offers an impressive 11% return—delivering immediate cash flow with significant room for future appreciation. Located on a leafy, residential block in desirable Oak Lane, this spacious home offers solid bones, original charm, and multiple value-add opportunities. Interior highlights include high ceilings, large windows, and original trim work that lend character and natural light throughout. While the property requires cosmetic updates—such as new flooring, fresh paint, and general cleanup—the existing layout offers an ideal foundation for a profitable renovation. Whether you're looking for a flip or a long-term rental, this is a versatile investment. With the right improvements, it can be repositioned for higher rents or increased market value, making it a strong candidate for the BRRRR strategy or Section 8 placement post-rehab. Don’t miss the chance to turn this classic duplex into a high-performing asset in a growing neighborhood.

Highlights

Home typeDuplex
HeatingRadiant
StatusActive
(ACTIVE)
Size1,688 sqft
Lot size0.06 Acres
Year built1930
ParkingOn Street
MLS #PAPH2492912

Summary

  • Flooring Type: Hardwood, Solid Hardwood, Wood
  • Interior: Attic
  • Parking: On Street
  • Architectural Style: AirLite
  • Heating: Radiant
  • Cooling: None
  • List Price: $199,000
  • Price/SqFt: $117
  • Annual Tax Amount: $1,559
  • Tax Year: 2023
  • Directions: Please use GPS
  • Year Built: 1930
  • Living Area: 1,688 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.06 Acres
  • MLS Number: PAPH2492912
  • MLS Name: BRIGHT
  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Katherine Vail
  • Agent Phone: (215) 668-4989
  • Agent Email: katevail@ewrhomes.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 9:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$191,400$1,559
2022$146,400$2,049
2021$-$677
2020$93,400$1,307
2019$86,800$1,215
2018$92,100$1,289
2017$92,100$-

History based on county public records data.

Nearby schools

4

James R. Lowell Elementary School

Public District KG-4

0.7 mi

450 W Nedro Ave

4

Feltonville Intermediate School

Public District 3-5

0.8 mi

238 E Wyoming Ave

4

Cayuga Elementary Promise Academy

Public District KG-5

1.0 mi

4344 N 5th St # 4358

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,333. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

55%
<35k
45%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
33%
Single, with Kids
17%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5230 N 2nd St

The listing price of 5230 N 2nd St property is $199,000.

The property 5230 N 2nd St is a multi located in Philadelphia, Pennsylvania, 19120.

Active Listing: 5230 N 2nd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5230 N 2nd St are: James R. Lowell Elementary School (GreatSchools Rating 4/10), Feltonville Intermediate School (GreatSchools Rating 4/10), Cayuga Elementary Promise Academy (GreatSchools Rating 4/10), Andrew J. Morrison School (GreatSchools Rating 4/10), Olney Elementary School (GreatSchools Rating 5/10), Thurgood Marshall School (GreatSchools Rating 4/10), Philadelphia Learning Academy - North (GreatSchools Rating 1/10), Esperanza Cyber Charter School (GreatSchools Rating 3/10), Esperanza Academy Charter School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,559 (source: MLS/based on county public records data).

The property 5230 N 2nd St is 1,688 SqFt (source: MLS/tax record).

The year of construction for 5230 N 2nd St is 1930.

This home is located at 5230 N 2nd St in Philadelphia, PA and zip code 19120 in the Olney / Oak Lane neighborhood. This 1,688 square foot home, which was built in 1930, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $199,000.

The number of homes for sale in Philadelphia, PA increased by 36.5% between May and June 2025. The median list price of listings available in June 2025 was $292,873, while the average time on the real estate market was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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