Victorian
New
For Sale
$329,000
149 HERMAN Street, Philadelphia, PA 19144
Multi-Family, PHILADELPHIA, PA
Property Size1,900 SF
Lot Size0.17 Acres
Price / SF$173.16
Days on Market3
Property Features for 149 HERMAN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
10
Parking features
Driveway, On Street, Garage - Detached
Fireplace
1
Subdivision
GERMANTOWN (EAST)
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,900 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
4132
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1910
Number of units
2
Building materials
Stone, Stucco
Architectural style
Victorian
Listing Agency:
Elfant Wissahickon-Chestnut Hill
Listed By:
Miriam Mosquera-Martinez · License #RS334645
(215) 247-3600
Added: Oct 19
Changed: Oct 20
Last Checked: Oct 21 at 7:06AM
MLS# PAPH2682408
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 three-story Victorian is arranged as a duplex, with 1,900 square feet of building area. The first-floor unit is ready for occupancy; the second- and third-floor areas need renovation. A full, unfinished basement provides additional interior space. The property was built in 1910 and has stone and stucco construction, hot-water heat, and a fireplace.
The 0.1745-acre parcel measures approximately 80' x 95'. Parking includes a long driveway with room for 6-8 cars, plus a detached 2-car garage reached from Osceola Street. The property is on Herman Street in Philadelphia’s East Germantown, within walking distance of Germantown Avenue.
The 0.1745-acre parcel measures approximately 80' x 95'. Parking includes a long driveway with room for 6-8 cars, plus a detached 2-car garage reached from Osceola Street. The property is on Herman Street in Philadelphia’s East Germantown, within walking distance of Germantown Avenue.
Key Highlights
- Three‑story duplex with 1,900 square feet of building area
- Built in 1910 with Victorian architectural styling
- First‑floor unit is ready for occupancy; upper two floors need renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,886
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,720
$597.7K
Cap Rate 7%
$426,943
$426.9K
Cap Rate 9%
$332,067
$332.1K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$57.7K $30.36/SF
− Vacancy
−$3.3K −$1.76/SF
EGI
$54.3K $28.60/SF
− OpEx
−$24.5K −$12.87/SF
NOI
$29.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,720
Cap Rate 7%
$426,943
Cap Rate 9%
$332,067
Alternative Uses
Best Use
Multifamily LT 5
$463.2K
$405.3K – $540.4K
NOI $32,423 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$426.9K
$373.6K – $498.1K
NOI $29,886 @ 7.0% cap · market cap 9.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,231
Businesses Nearby
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Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
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 - The first-floor residence is ready for occupancy, while the upper two levels require renovation.
Where is this duplex located?
The property is located at 149 HERMAN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Three‑story duplex with 1,900 square feet of building area; Built in 1910 with Victorian architectural styling; First‑floor unit is ready for occupancy; upper two floors need renovation
