Legal 3-Unit Multifamily
For Sale
$349,900
3513 WHARTON Street, Philadelphia, PA 19146
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,260 SF
Lot Size0.02 Acres
Price / SF$277.70
Days on Market54
Property Features for 3513 WHARTON Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Subdivision
FORGOTTEN BOTTOM
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,260 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
3761
Utilities
Heating system
Baseboard, Hot Water(Heating), Forced Air, Electric (Heating)
Building Details
Year built
1990
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
DJCRE Inc.
(215) 271-7070
Listed By:
Frederic D Musilli · License #RM421769
(215) 271-7070
Added: Jun 8
Changed: Jul 28
Last Checked: Jul 31 at 9:06PM
MLS# PAPH2629746
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Legal 3‑unit property with unique placement between University City and Point Breeze
- Year built 1990
- Construction materials include masonry
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
NOI $21,502 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K
NOI $19,819 @ 7.0% cap · market cap 5.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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?
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 $349,900.
What are key features of this property?
This property features: Legal 3‑unit property with unique placement between University City and Point Breeze; Year built 1990; Construction materials include masonry
