Fully Occupied
For Sale
$600,000
410 N WIOTA STREET, Philadelphia, PA 19104
Two three-bedroom apartments offer distinct layouts, private outdoor areas, and in-unit laundry.
Property Size2,130 SF
Price / SF$281.69
Days on Market8
Property Features for 410 N WIOTA STREET
General Information
Standard status
Active
Size
2,130 SF
Property subtype
Duplex
Occupancy
100%
Building Details
Year Built
2013
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX One Realty - TCDT
(215) 241-1156
Listed By:
Neil P Dessecker · License #RS325498
(215) 241-1156
Source:
Cummingsrealtors
Added: Jul 27
Changed: Aug 2
Last Checked: Aug 2 at 8:01AM
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 RE/MAX One Realty - TCDT
Investment Insights
Based on property information with market context.
Built in 2013, this 2,130-square-foot duplex contains two three-bedroom apartments. The first unit spans the first floor and lower level, with an open kitchen, living, and dining area, a main-level bedroom with an ensuite bath, two lower-level bedrooms, a Jack-and-Jill bathroom, and laundry. A sliding door connects the main living area to a rear patio.
The second unit occupies the second and third floors. Its open main-level living area includes the kitchen, living room, dining space, laundry, and a rear bedroom. Two additional bedrooms are located upstairs, each with a private full bathroom, along with a rear balcony. The property has reported 0% vacancy since Spring 2024, and both tenant leases extend through June 2027.
The duplex is located at 410 N Wiota Street in Philadelphia, near the 40th St. MFL station. Reported Transit, Walk, and Bike Scores are 90, 89, and 99, respectively.
The second unit occupies the second and third floors. Its open main-level living area includes the kitchen, living room, dining space, laundry, and a rear bedroom. Two additional bedrooms are located upstairs, each with a private full bathroom, along with a rear balcony. The property has reported 0% vacancy since Spring 2024, and both tenant leases extend through June 2027.
The duplex is located at 410 N Wiota Street in Philadelphia, near the 40th St. MFL station. Reported Transit, Walk, and Bike Scores are 90, 89, and 99, respectively.
Key Highlights
- Two 3‑bedroom apartments within a 2,130‑square‑foot duplex
- 0% vacancy since Spring 2024
- Current tenant leases renewed through June 2027
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 | $55.0k | $25.80 |
| − Vacancy | −$3.0k | −$1.42 |
| EGI | $51.9k | $24.38 |
| − OpEx | −$15.6k | −$7.31 |
| NOI | $36.3k | $17.06 |
2,130 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$519.3K
$454.4K – $605.8K
NOI $36,348 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$478.6K
$418.8K – $558.4K
NOI $33,504 @ 7.0% cap · market cap 5.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
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 three-bedroom apartments offer distinct layouts, private outdoor areas, and in-unit laundry.
Where is this duplex located?
The property is located at 410 N WIOTA STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two 3‑bedroom apartments within a 2,130‑square‑foot duplex; 0% vacancy since Spring 2024; Current tenant leases renewed through June 2027
