End Duplex with
For Sale
$300,000
3532-34 WELLINGTON Street, Philadelphia, PA 19149
Multi-Family, PHILADELPHIA, PA
Property Size1,088 SF
Lot Size0.07 Acres
Price / SF$275.74
Days on Market61
Property Features for 3532-34 WELLINGTON Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Off Street, Garage - Attached, Driveway
Subdivision
MAYFAIR
Elementary school
FORREST EDWIN
Middle school
NORTHEAST COMMUNITY PROPEL ACADEMY
High school
LINCOLN ABRAHAM
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
1,088 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
3636
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1945
Number of units
2
Building materials
Masonry
Architectural style
Tudor
Listing Agency:
McCarthy Real Estate
(215) 867-4511
Listed By:
Joe McCarthy · License #RS307205
(267) 228-3950
Added: Aug 11
Changed: Sep 23
Last Checked: Oct 10 at 3:06AM
MLS# PAPH2655478
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 1,088-square-foot Tudor duplex, built in 1945, offers a flexible owner-occupant or investment setup. The second-floor unit is tenant occupied on a month-to-month arrangement, while the first-floor unit is vacant, freshly painted, and features an updated full bath and modern kitchen. Masonry construction, window-unit cooling, driveway parking, an attached garage, and a gated side yard complete the property. The lot measures 0.0739 acres.
Public transportation is located 1/2 block away, with access to the Trenton Line at the Tacony train stop. The property is also near shopping and dining along Frankford Ave, Mayfair Park, and Pennypack Park. I-95 provides routes toward Center City and New York via New Jersey.
Public transportation is located 1/2 block away, with access to the Trenton Line at the Tacony train stop. The property is also near shopping and dining along Frankford Ave, Mayfair Park, and Pennypack Park. I-95 provides routes toward Center City and New York via New Jersey.
Key Highlights
- 1,088‑square‑foot duplex on a 0.0739‑acre lot
- First‑floor unit is vacant, freshly painted, and includes an updated full bath and modern kitchen
- Second‑floor unit is tenant occupied on a month‑to‑month arrangement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,493
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,860
$309.9K
Cap Rate 7%
$221,329
$221.3K
Cap Rate 9%
$172,144
$172.1K
Market Conditions
NOI Build-Up for 1,088 SF
Gross rent
$22.8K $21.00/SF
− Vacancy
−$715 −$0.66/SF
EGI
$22.1K $20.34/SF
− OpEx
−$6.6K −$6.10/SF
NOI
$15.5K $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 Rate 5%
$309,860
Cap Rate 7%
$221,329
Cap Rate 9%
$172,144
Alternative Uses
Best Use
Apartment 5plus
$2.08M
$1.82M – $2.43M
NOI $145,821 @ 7.0% cap · market cap 48.61%
Second Best
Multifamily LT 5
$221.3K
$193.7K – $258.2K
NOI $15,493 @ 7.0% cap · market cap 5.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,547
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Masonry duplex with an attached garage, driveway parking, and a gated side yard.
Where is this duplex located?
The property is located at 3532-34 WELLINGTON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,088‑square‑foot duplex on a 0.0739‑acre lot; First‑floor unit is vacant, freshly painted, and includes an updated full bath and modern kitchen; Second‑floor unit is tenant occupied on a month‑to‑month arrangement
