Duplex with Separate
For Sale
$375,000
1942 WOLF STREET, Philadelphia, PA 19145
Two residential units include private laundry, central air, and full-size kitchen appliances.
Property Size1,422 SF
Days on Market53
Property Features for 1942 WOLF STREET
General Information
Standard status
Active
Size
1,422 SF
Property subtype
Duplex
Site & Location
Neighborhood
West Passyunk
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,114
Amenities
in-unit laundry
dishwasher
central air
basement
yard access
Building Details
Building Size
1,422 SF
Year Built
1920
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Antonella Dominijanni · License #RS309861
(215) 500-8000
Source:
Patmckennarealtors
Added: Sep 14
Changed: Nov 3
Last Checked: Nov 4 at 9:29PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 1,422-square-foot duplex in Philadelphia dates to 1920 and contains two residential units with separately configured mechanical systems. Each floor includes a spacious bedroom and a large laundry room that can also function as a walk-in closet. Both units have private laundry, full-size kitchen appliances including dishwashers, and central air. The units were updated in 2008.
The first floor provides access to a basement and the yard. The roof is approximately 1–2 years old, adding a recent exterior improvement to the property’s existing features. Located in the Girard Estate area, the property offers a duplex configuration with separate systems and outdoor access.
The first floor provides access to a basement and the yard. The roof is approximately 1–2 years old, adding a recent exterior improvement to the property’s existing features. Located in the Girard Estate area, the property offers a duplex configuration with separate systems and outdoor access.
Key Highlights
- Two‑unit duplex with separately configured mechanical systems
- 1,422 SF property built in 1920
- Units updated in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,266
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,320
$485.3K
Cap Rate 7%
$346,657
$346.7K
Cap Rate 9%
$269,622
$269.6K
Market Conditions
NOI Build-Up for 1,422 SF
Gross rent
$36.7K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$34.7K $24.38/SF
− OpEx
−$10.4K −$7.31/SF
NOI
$24.3K $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%
$485,320
Cap Rate 7%
$346,657
Cap Rate 9%
$269,622
Alternative Uses
Best Use
Multifamily LT 5
$346.7K
$303.3K – $404.4K
NOI $24,266 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$319.5K
$279.6K – $372.8K
NOI $22,367 @ 7.0% cap · market cap 5.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,186
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include private laundry, central air, and full-size kitchen appliances.
Where is this duplex located?
The property is located at 1942 WOLF STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit duplex with separately configured mechanical systems; 1,422 SF property built in 1920; Units updated in 2008
