Two-Unit Duplex with
For Sale
$499,900
1432 WHARTON STREET, Philadelphia, PA 19146
Self-contained units include a full basement for mechanical systems and storage.
Property Size1,665 SF
Price / SF$300.24
Days on Market49
Property Features for 1432 WHARTON STREET
General Information
Standard status
Active
Size
1,665 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Philadelphia
Units
Unit Mix
1 x 1BR, 1 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1915
Listing Agency:
Tara Management Services Inc
Listed By:
Beverly E Kessler-Rosa · License #RM050680A
(215) 985-4855
Source:
Cummingsrealtors
Added: Sep 13
Changed: Oct 29
Last Checked: Oct 30 at 4:15PM
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 Tara Management Services Inc
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Investment Insights
Based on property information with market context.
This two-unit duplex contains a one-bedroom residence and a three-bedroom residence, with self-contained layouts and two bathrooms. The property offers 1,665 square feet of building area, along with a full basement that houses the mechanical systems and provides additional storage. Built in 1915, the building includes updated amenities and spacious interior arrangements.
The property is located at 1432 Wharton Street in Philadelphia, two blocks from 611, also identified as South Broad Street. Its separate living spaces and basement utility area provide a practical configuration for an owner-occupant seeking an on-site residence with additional income potential.
The property is located at 1432 Wharton Street in Philadelphia, two blocks from 611, also identified as South Broad Street. Its separate living spaces and basement utility area provide a practical configuration for an owner-occupant seeking an on-site residence with additional income potential.
Key Highlights
- Two‑unit duplex with one‑bedroom and three‑bedroom residences
- 1,665 square feet of building area
- Full basement with mechanical systems and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,413
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,260
$568.3K
Cap Rate 7%
$405,900
$405.9K
Cap Rate 9%
$315,700
$315.7K
Market Conditions
NOI Build-Up for 1,665 SF
Gross rent
$43.0K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$40.6K $24.38/SF
− OpEx
−$12.2K −$7.31/SF
NOI
$28.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,260
Cap Rate 7%
$405,900
Cap Rate 9%
$315,700
Alternative Uses
Best Use
Multifamily LT 5
$405.9K
$355.2K – $473.6K
NOI $28,413 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$374.1K
$327.4K – $436.5K
NOI $26,190 @ 7.0% cap · market cap 5.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,767
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Self-contained units include a full basement for mechanical systems and storage.
Where is this duplex located?
The property is located at 1432 WHARTON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑unit duplex with one‑bedroom and three‑bedroom residences; 1,665 square feet of building area; Full basement with mechanical systems and storage
