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Duplex with Full Basement
For Sale
$499,900

1432 WHARTON Street, Philadelphia, PA 19146

Multi-Family, PHILADELPHIA, PA

Property Size1,665 SF
Price / SF$300.24
Days on Market48

Property Features for 1432 WHARTON Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,665 SF

Taxes and HOA fees

Tax Annual Amount 4946

Utilities

Heating system Forced Air
Cooling system Wall Unit(s), Central Air

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Tara Management Services Inc
Listed By: Beverly E Kessler-Rosa · License #RM050680A
Added: Sep 13 Changed: Sep 15 Last Checked: Oct 30 at 8:06AM
MLS# PAPH2670202

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,665-square-foot masonry duplex, built in 1915, contains two self-contained residential units, including one one-bedroom unit and one three-bedroom, two-bathroom unit. The property includes a full basement with mechanical systems and storage, while heating is provided by forced air. Cooling consists of central air and wall units.

Located at 1432 Wharton Street in Philadelphia, the property is two blocks from 611, identified as South Broad Street. Its bi-level configuration includes an income-producing unit and may accommodate an owner-occupant arrangement. Access to the basement is provided from within the property.

Key Highlights

  • 1,665 SF masonry duplex built in 1915
  • One‑bedroom and three‑bedroom units with 2 bathrooms
  • Two self‑contained residential units

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 (±1% cap)
NOI $28,413 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$374.1K
$327.4K – $436.5K (±1% cap)
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? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,767
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Masonry duplex with two self-contained units and basement 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: 1,665 SF masonry duplex built in 1915; One‑bedroom and three‑bedroom units with 2 bathrooms; Two self‑contained residential units
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