Two-Unit Duplex with Replacement
For Sale
$259,000
205 E WYOMING AVENUE, Philadelphia, PA 19120
Built in 1935 with a newer roof and convenient access to public transportation.
Property Size1,610 SF
Days on Market204
Property Features for 205 E WYOMING AVENUE
General Information
Standard status
Active
Size
1,610 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,255
Building Details
Building Size
1,610 SF
Year Built
1935
Buildings
1
Listing Agency:
Realty Mark Associates
(215) 668-8354
Listed By:
Jay L Press · License #RS270714
(215) 668-8354
Source:
Mainlinekw
Added: Jan 12
Changed: Aug 4
Last Checked: Aug 4 at 5:39AM
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 Realty Mark Associates
Investment Insights
Based on property information with market context.
This 1935 duplex contains two residential units, each arranged with two bedrooms and one full bathroom. Replacement windows have been installed throughout, and the property also features a newer roof.
The building is located at 205 E Wyoming Avenue in Philadelphia’s Feltonville neighborhood, near public transportation and shopping options. Its two-unit configuration provides separate residential spaces within one property, supporting a range of owner-occupant or investment-oriented ownership strategies without relying on unsupported income assumptions.
The building is located at 205 E Wyoming Avenue in Philadelphia’s Feltonville neighborhood, near public transportation and shopping options. Its two-unit configuration provides separate residential spaces within one property, supporting a range of owner-occupant or investment-oriented ownership strategies without relying on unsupported income assumptions.
Key Highlights
- Two‑unit duplex with two bedrooms and one full bath in each unit
- Replacement windows installed throughout the building
- Newer roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.9k | $16.68 |
| − Vacancy | −$1.9k | −$1.20 |
| EGI | $24.9k | $15.48 |
| − OpEx | −$7.5k | −$4.64 |
| NOI | $17.4k | $10.83 |
1,610 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.2K
$218.0K – $290.7K
NOI $17,441 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$221.6K
$193.9K – $258.6K
NOI $15,513 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$384.6K
$336.5K – $448.7K
NOI $26,922 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,153
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 1935 with a newer roof and convenient access to public transportation.
Where is this duplex located?
The property is located at 205 E WYOMING AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one full bath in each unit; Replacement windows installed throughout the building; Newer roof
