Duplex Property with Vacant
New
For Sale
$210,000
118 E WYOMING AVENUE, Philadelphia, PA 19120
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,500 SF
Price / SF$140
Days on Market2
Property Features for 118 E WYOMING AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Subdivision
NONE AVAILABLE
Standard status
Active
Size
1,500 SF
Building Details
Year built
1906
Listing Agency:
BHHS Fox & Roach Center City-Society Hill · Berkshire Hathaway HomeServices
(215) 627-6005
Listed By:
Brian K. Wilson · License #RS271743
(856) 473-4524
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 7:06PM
MLS# PAPH2655684
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 duplex property at 118 E Wyoming Avenue in Philadelphia includes 1,500 square feet and dates to 1906. The property information identifies one unit as vacant while also noting rental income from the multiunit asset.
The property is located in Philadelphia, Pennsylvania, within ZIP Code 19120. Its four listed bedroom rooms support the residential configuration described for the property.
The property is located in Philadelphia, Pennsylvania, within ZIP Code 19120. Its four listed bedroom rooms support the residential configuration described for the property.
Key Highlights
- Duplex property with 1,500 square feet
- One vacant unit identified
- Existing rental income from the multiunit property
Financial Insights For Multifamily LT 5
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 | $25.0k | $16.68 |
| − Vacancy | −$1.8k | −$1.20 |
| EGI | $23.2k | $15.48 |
| − OpEx | −$7.0k | −$4.64 |
| NOI | $16.2k | $10.83 |
1,500 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$232.1K
$203.1K – $270.8K
NOI $16,249 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$206.5K
$180.7K – $240.9K
NOI $14,453 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$358.3K
$313.5K – $418.0K
NOI $25,082 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,479
Businesses Nearby
Explore this area
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
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?
Duplex - The property combines an available unit with an existing rental-income component.
Where is this duplex located?
The property is located at 118 E WYOMING AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex property with 1,500 square feet; One vacant unit identified; Existing rental income from the multiunit property
