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    Legal 3-Unit Multifamily Property Title is generated by Realmo AI

    3513 WHARTON Street, Philadelphia, PA 19146

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    For Sale
    $354,900

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,260 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $281/SF
    Added:
    Jun 8, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 16 at 1:06 pm

    Property Features for 3513 WHARTON Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Active
    Size
    1,260 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3761

    Utilities

    Heating system
    Hot Water(Heating), Baseboard, Forced Air, Electric (Heating)

    Building Details

    Year built
    1990
    Number of units
    3
    Building materials
    Masonry
    Architectural style
    Other

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    Listing Contact
    Frederic D Musilli

    Listing agent Frederic D Musilli License #RM421769

    Listing office DJCRE Inc. 1611 Snyder Avenue, Philadelphia, PA

    Listing date Jun 8, 2026

    MLS# PAPH2629746 Listing URL

    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.

    HighLights

    • Legal 3‑unit property with masonry construction
    • Year built: 1990
    • Two units currently open; property can be delivered vacant
    • Heating includes hot water, electric, baseboard, and forced air
    • Basement included

    Overview

    This legal three-unit multifamily property is presented as a three-unit structure with two units currently open. The listing indicates the property can be delivered vacant, and it is described as ripe for renovation. The total property size is listed at 1,260 square feet, on a 0.0171-acre lot.

    The building is located at 3513 Wharton Street in Philadelphia, PA 19146, in a location described as between University City and Point Breeze. The listing does not provide additional site specifics beyond the address and the stated positioning between those areas.

    For buyers or operators looking for a manageable, multi-unit residential income setup, the vacant delivery option and current “open” status of two units may help reduce near-term barriers to making interior updates. The property’s legal three-unit configuration supports straightforward use as a small income property, while the renovation notes suggest an end-user or investor comfortable with light-to-moderate work can tailor finishes and layouts to their standards.

    Local 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 $32.5k $25.80
    − Vacancy −$1.8k −$1.42
    EGI $30.7k $24.38
    − OpEx −$9.2k −$7.31
    NOI $21.5k $17.06
    1,260 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $307.2K
    $268.8K – $358.4K (±1% cap)
    NOI $21,502 @ 7.0% cap · market cap 6.06%
    Second Best
    Apartment 5plus
    $283.1K
    $247.7K – $330.3K (±1% cap)
    NOI $19,819 @ 7.0% cap · market cap 5.58%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.20056
    Latitude
    39.93876

    FAQs

    What type of property is this?
    Triplex - Legal three-unit building with two units currently open and available for delivery vacant.
    Where is this triplex located?
    The property is located at 3513 WHARTON Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $354,900.
    What are key features of this property?
    This property features: Legal 3‑unit property with masonry construction; Year built: 1990; Two units currently open; property can be delivered vacant
    More about this property
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