Well-Maintained Duplex with
For Sale
$325,000
3315 Saint Vincent Street, Philadelphia, PA 19149
Two-unit duplex offers in-unit laundry, upgraded electric, and fresh finishes, with an attached garage for one unit.
Property Size1,472 SF
Price / SF$220.79
Days on Market381
Property Features for 3315 Saint Vincent Street
General Information
Standard status
Active
Size
1,472 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Zoning
RSA5
Taxes and HOA fees
Annual Taxes
$4,589
Amenities
Unfinished
Natural Gas
Yes
No
Assessor
No Pool
Unit 1- Washer,Dryer,Stove
Unit 2- Washer,Dryer,Stove
Public
U30
16.00 x 100.00
0.04
Garage - Rear Entry
Attached Garage,On Street
Block
65580.00
1
Building Details
Building Size
1,472 SF
Year Built
1945
Listing Agency:
Keller Williams Main Line
(856) 222-0077
Listed By:
Tyler Mecca
Source:
Thetristaterealestategroup
Added: Aug 25, 2025
Changed: Sep 9
Last Checked: Sep 8 at 4:51AM
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 Keller Williams Main Line
Investment Insights
Based on property information with market context.
This well-maintained duplex features two separate apartments with updated interior improvements. Unit 1 is a 2-bedroom, 1-bath layout with access to the basement that includes a washer and dryer, plus an attached garage. Unit 2 is a 1-bedroom, 1-bath apartment with its own washer and dryer. Both units have been freshly painted, have new rugs, and the electrical has been upgraded.
The property is situated on a quiet block with close proximity to shopping, public transportation, and major highways.
As a residential income property, it provides a straightforward two-unit configuration that can support owner-occupancy in one unit while renting the other.
The property is situated on a quiet block with close proximity to shopping, public transportation, and major highways.
As a residential income property, it provides a straightforward two-unit configuration that can support owner-occupancy in one unit while renting the other.
Key Highlights
- Two‑unit duplex built in 1945 with a basement (unfinished) and natural gas heat
- Upgraded electric and freshly painted units with new rugs
- Unit 1 is a 2‑bedroom, 1‑bath layout with in‑unit washer & dryer and access to the basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,961
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,220
$419.2K
Cap Rate 7%
$299,443
$299.4K
Cap Rate 9%
$232,900
$232.9K
Market Conditions
NOI Build-Up for 1,472 SF
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.
Gross rent
$30.9K $21.00/SF
− Vacancy
−$968 −$0.66/SF
EGI
$29.9K $20.34/SF
− OpEx
−$9.0K −$6.10/SF
NOI
$21.0K $14.24/SF
Area
ZIP 19149
Vacancy
3.13%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,220
Cap Rate 7%
$299,443
Cap Rate 9%
$232,900
Alternative Uses
Best Use
Apartment 5plus
$2.82M
$2.47M – $3.29M
NOI $197,287 @ 7.0% cap · market cap 60.70%
Second Best
Multifamily LT 5
$299.4K
$262.0K – $349.4K
NOI $20,961 @ 7.0% cap · market cap 6.45%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,604
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
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 - Two-unit duplex offers in-unit laundry, upgraded electric, and fresh finishes, with an attached garage for one unit.
Where is this duplex located?
The property is located at 3315 Saint Vincent Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1945 with a basement (unfinished) and natural gas heat; Upgraded electric and freshly painted units with new rugs; Unit 1 is a 2‑bedroom, 1‑bath layout with in‑unit washer & dryer and access to the basement
