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Fully Leased Duplex with Two 3BR Units
New
For Sale
$600,000

410 N WIOTA Street, Philadelphia, PA 19104

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,130 SF
Lot Size0.02 Acres
Price / SF$281.69
Days on Market2

Property Features for 410 N WIOTA Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Interior features Floor Plan - Open, Wood Floors
Appliances Dishwasher, Washer, Dryer
Subdivision UNIVERSITY CITY
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 2,130 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 6685

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2013
Floors in Building 2
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX One Realty - TCDT · RE/MAX International
Listed By: Neil P Dessecker · License #RS325498
Added: Jul 29 Last Checked: Jul 30 at 6:06PM
MLS# PAPH2653552

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 fully occupied duplex presents two separate 3-bedroom apartments. Unit #1 combines the 1st floor and lower level, featuring an open kitchen/living/dining layout with a sliding door to a back patio, a main-floor bedroom with its own ensuite bath, and two additional lower-level bedrooms served by a Jack & Jill bathroom plus in-unit laundry.

Unit #2 occupies the 2nd and 3rd floors. It includes a large open kitchen/living/dining area with laundry located behind the kitchen, a rear main-floor bedroom, and two additional bedrooms on the top floor. Each bedroom in Unit #2 has its own private full bathroom, and the unit also includes a long rear balcony off the back of the apartment.

The property is located in Philadelphia, with the 40th St. MFL station described as a couple of blocks away. Transit Score is listed as 90, Walk Score as 89, and Bike Score as 99.

Key Highlights

  • Fully occupied duplex with 0% vacancy since Spring 2024; tenants’ leases renewed through June 2027
  • 2‑unit building built in 2013 with masonry construction, central heating, and central air
  • Unit #1 is a 3‑bedroom across the 1st floor and lower level with an open kitchen/living/dining plan and sliding door to the back patio

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 (±1% cap)
NOI $36,348 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$478.6K
$418.8K – $558.4K (±1% cap)
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

Aron Apt High School

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Florist Plumbing Service Tattoo & Piercing Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,133
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers two leased 3-bedroom apartments, including in-unit laundry and outdoor patio and balcony space.
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: Fully occupied duplex with 0% vacancy since Spring 2024; tenants’ leases renewed through June 2027; 2‑unit building built in 2013 with masonry construction, central heating, and central air; Unit #1 is a 3‑bedroom across the 1st floor and lower level with an open kitchen/living/dining plan and sliding door to the back patio
More about this property
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