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Corner Duplex with Commercial Space
For Sale
$328,900

1713 WOLF Street, Philadelphia, PA 19145

Multi-Family, PHILADELPHIA, PA

Property Size2,232 SF
Lot Size0.03 Acres
Price / SF$147.36
Days on Market260

Property Features for 1713 WOLF Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision MELROSE
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,232 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 5788

Utilities

Heating system Baseboard, Hot Water(Heating)

Building Details

Year built 1920
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Alpha Realty Group
Listed By: Joseph Biancaniello · License #RM047735A
Added: Feb 13 Changed: Oct 27 Last Checked: Oct 31 at 11:06AM
MLS# PAPH2583602

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.

Rey
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Investment Insights

Based on property information with market context.

This masonry duplex occupies a corner parcel and contains 2,232 square feet. The first floor combines a small commercial office with a rear one-bedroom apartment, while the second floor provides a substantially larger two-bedroom apartment. A basement area is leased to a plumbing contractor for storage, adding a separate nonresidential component to the property. Baseboard and hot-water heating serve the building, which was constructed in 1920.

The property is located at 1713 Wolf Street in Philadelphia’s 19145 ZIP code. Parking is provided along the street. Its compact 0.0298-acre site supports a combination of residential units, office space, and basement storage within one corner building.

Key Highlights

  • 2,232‑square‑foot masonry duplex on a 0.0298‑acre corner parcel
  • First‑floor rear one‑bedroom apartment
  • Second‑floor two‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,516
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,320 $530.3K
Cap Rate 7%
$378,800 $378.8K
Cap Rate 9%
$294,622 $294.6K
Market Conditions
NOI Build-Up for 2,232 SF
Gross rent
$48.2K $21.60/SF
− Vacancy
−$5.8K −$2.59/SF
EGI
$42.4K $19.01/SF
− OpEx
−$15.9K −$7.13/SF
NOI
$26.5K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,320
Cap Rate 7%
$378,800
Cap Rate 9%
$294,622

Alternative Uses

Best Use
Multifamily LT 5
$544.1K
$476.1K – $634.8K (±1% cap)
NOI $38,089 @ 7.0% cap · market cap 11.58%
Second Best
Apartment 5plus
$501.5K
$438.9K – $585.1K (±1% cap)
NOI $35,108 @ 7.0% cap · market cap 10.67%
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

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Tech Support Center Acupuncture Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

3,335
Businesses Nearby

Demographics for 19145, PA

47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
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 - Mixed residential and office configuration with basement storage and on-street parking.
Where is this duplex located?
The property is located at 1713 WOLF Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $328,900.
What are key features of this property?
This property features: 2,232‑square‑foot masonry duplex on a 0.0298‑acre corner parcel; First‑floor rear one‑bedroom apartment; Second‑floor two‑bedroom apartment
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Includes: Price & PSF · Cap rate · Location · Zoning

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