Occupied Two-Unit
New
For Sale
$385,000
4517 WILDE STREET, Philadelphia, PA 19127
Two one-bedroom apartments offer separately metered utilities plus basement laundry and storage.
Property Size1,503 SF
Price / SF$256.15
Days on Market7
Property Features for 4517 WILDE STREET
General Information
Standard status
Active
Size
1,503 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
BHHS Fox & Roach-Chestnut Hill
(215) 247-3750
Listed By:
Baiyina B Brown · License #AB069507
(215) 718-9439
Source:
Cummingsrealtors
Added: Aug 29
Changed: Sep 3
Last Checked: Sep 4 at 6:11AM
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 BHHS Fox & Roach-Chestnut Hill
Investment Insights
Based on property information with market context.
This two-story duplex contains two one-bedroom, one-bath apartments, and both units are currently occupied. The first-floor residence includes high ceilings, generously sized rooms, and private basement access with laundry facilities and additional storage. The upper apartment provides a one-bedroom layout with good natural light. The property has been maintained as a rental, with utilities separately metered except for water.
The property is located in Philadelphia’s Manayunk neighborhood, near Main Street’s restaurants, cafes, shops, and nightlife. Public transportation, regional rail, the Schuylkill River Trail, and major roadways are nearby, providing access throughout the area. The surrounding neighborhood is described as walkable and active, with features that support residential rental use.
The property is located in Philadelphia’s Manayunk neighborhood, near Main Street’s restaurants, cafes, shops, and nightlife. Public transportation, regional rail, the Schuylkill River Trail, and major roadways are nearby, providing access throughout the area. The surrounding neighborhood is described as walkable and active, with features that support residential rental use.
Key Highlights
- Two‑story duplex with two one‑bedroom, one‑bath apartments
- Both apartments are currently occupied
- First‑floor unit includes basement access, laundry, and additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,649
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$512,980
$513.0K
Cap Rate 7%
$366,414
$366.4K
Cap Rate 9%
$284,989
$285.0K
Market Conditions
NOI Build-Up for 1,503 SF
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.
Gross rent
$38.8K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.6K $24.38/SF
− OpEx
−$11.0K −$7.31/SF
NOI
$25.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$512,980
Cap Rate 7%
$366,414
Cap Rate 9%
$284,989
Alternative Uses
Best Use
Multifamily LT 5
$366.4K
$320.6K – $427.5K
NOI $25,649 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$337.7K
$295.5K – $394.0K
NOI $23,641 @ 7.0% cap · market cap 6.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
Explore this area
Business Placement
Demographics for 19127, PA
6,929
Population
3,496
Households
2
Avg Household Size
29
Median Age
77%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
11,548
Density / Sq Mi
$99,792
Median Household Income
$73,061
Median Earnings
$1,765
Median Rent
$298,900
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 one-bedroom apartments offer separately metered utilities plus basement laundry and storage.
Where is this duplex located?
The property is located at 4517 WILDE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑story duplex with two one‑bedroom, one‑bath apartments; Both apartments are currently occupied; First‑floor unit includes basement access, laundry, and additional storage
