3513 Wharton Street, Philadelphia, PA 19146
Legal 3-unit triplex with two units currently open and potential for vacant delivery, suited for renovation-minded buyers.
- Added:
- Jun 4, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 6 at 5:49 am
Property Features for 3513 Wharton Street
General Information
- Standard status
- Active
- Size
- 1,260 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1990
Listing agent Frederic D Musilli License #RM421769 (215) 271-7070
Listing office DJCRE Inc. (215) 271-7070
Listing date Jun 4, 2026
Source Compass
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 DJCRE Inc.
HighLights
- Legal 3‑unit triplex in Philadelphia (MLS area 19145).
- Year built 1990.
- Two units currently open, with the option to deliver vacant.
- Renovation opportunity for a renovation‑minded buyer (based on listing remarks).
Overview
Located at 3513 Wharton Street in Philadelphia, the listing describes the property as being in a unique spot between University City and Point Breeze. The property is identified as being in County: Philadelphia, within the Philadelphia City School District.
For buyers looking for a renovation project with established multi-unit structure, this triplex provides a straightforward legal three-unit setup. With two units open and the stated possibility of vacant delivery, it may be workable for an operator or homeowner planning to refurbish and reposition the units. As with any value-add opportunity, interested parties should confirm unit-by-unit condition and suitability for their intended use prior to closing.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2005604
- Latitude
- 39.9387661
