Duplex with Separate
For Sale
$375,000
1942 WOLF Street, Philadelphia, PA 19145
Multi-Family, PHILADELPHIA, PA
Property Size1,422 SF
Lot Size0.02 Acres
Price / SF$263.71
Days on Market47
Property Features for 1942 WOLF Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Appliances
Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
Subdivision
GIRARD ESTATES
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,422 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
5114
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
in-unit laundry
central air
dishwasher
basement
yard
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Antonella Dominijanni · License #RS309861
(215) 500-8000
Added: Sep 14
Changed: Oct 28
Last Checked: Oct 30 at 1:06PM
MLS# PAPH2670380
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 legal duplex contains two units, each with a bedroom, a large laundry room, full-size kitchen appliances and central air. The laundry room can also serve as a walk-in closet. Utilities are separate for each apartment. The first-floor unit has access to a basement and yard. The masonry building dates to 1920 and sits on a 0.0213-acre lot.
Both apartments were renovated in 2008, and the roof is approximately 1–2 years old. Each unit has its own washer and dryer, along with a gas oven/range and refrigerator.
Both apartments were renovated in 2008, and the roof is approximately 1–2 years old. Each unit has its own washer and dryer, along with a gas oven/range and refrigerator.
Key Highlights
- Legal duplex with separate utilities
- Two units with central air and full‑size kitchen appliances, including dishwashers
- In‑unit washer and dryer in both apartments
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.
How Realmo checks its estimates
Property Analytics
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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 - Both apartments include in-unit laundry, full kitchens with dishwashers, and central air conditioning.
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: Legal duplex with separate utilities; Two units with central air and full‑size kitchen appliances, including dishwashers; In‑unit washer and dryer in both apartments
