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MLS: #PAPH2665470, Listed By: Jason Wittenstein, KW Empower, Source:Bright MLS

1132 Mount Vernon Street

PHILADELPHIA, PA 19123
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Bed 3

Bed

Bath 0

Bath

SqFt2,496

Sqft

Acres0.03

Acre(Lot)

Welcome to 1132 Mount Vernon Street, a well-positioned triplex in one of Philadelphia’s most overlooked growth pockets. Located in Spring Arts/West Poplar, between the already established neighborhoods of Northern Liberties and Fairmount, this area continues to benefit from significant residential development, adaptive reuse projects and new dining and entertainment along the North Broad and Spring Garden corridors. For an investor, the numbers are compelling: $59,976 in gross annual income, with units renting for approximately $1,650 per month on average, plus additional income from the basement coin-operated washer and dryer, which generated $389 last year. Each unit is separately metered, helping simplify ownership and operating expenses, and the building features central air. Recent l ead compliance work has also been completed, with approximately four years remaining before renewal, per seller. One unit is currently vacant, creating an especially attractive opportunity for an owner-occupant looking to offset their monthly housing costs with rental income from the other two apartments, while still offering a straightforward path for an investor seeking a fully income-producing three-unit property. Unit 2R also benefits from a brand-new private patio, adding valuable outdoor space for future tenants. The location is increasingly difficult to overlook. Just around the corner are neighborhood favorites including Cafe Lift, Prohibition Taproom, La Chinesca and acclaimed Italian destination Osteria. Live entertainment is close by at Union Transfer and The Met Philadelphia, while The Rail Park provides one of the neighborhood's signature outdoor attractions. The Spring Garden Broad Street Line station also puts Center City only minutes away. 1132 Mount Vernon offers the combination investors are increasingly searching for: established rental income, separate utilities, central air, additional laundry income, an owner-occupant option and a location positioned directly in the path of continued investment.

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Detail Ic Property Details

Property Type : Residential Income

Price : $700,000

AD Id : 90947280

MLS Id : PAPH2665470

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 2,496 Sq. Ft

Tax Amount : $8,123

Year Built : 1915

County : PHILADELPHIA

Subdivision: Spring Arts

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1915 Building Area Total: 2496 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 16X80 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1280

    Property Information

    Subdivision: SPRING ARTS Source Property Type: Residential Income Postal Code Plus 4: 2506 Property SubType: Triplex Property Age: 111

  • Listing Price Information

    Listing Price: $700000

  • Tax Information

    Parcel Number: 141265600 Tax Lot: 45 Tax Year: 2026 Annual Tax: $8123

  • Parking Information

    On Street

  • Location Information

    Direction: Mount Vernon between 11th and 12th WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
120 W Girard Avenue, Philadelphia, PA, 19123 $475,000 2 -- 1,980 0.02 Acre
152 W Girard Avenue, Philadelphia, PA, 19123 $424,900 1 -- 1,246 0.01 Acre
212 Fairmount Avenue, Philadelphia, PA, 19123 $549,944 3 -- 700 0.02 Acre
225 Green Street, Philadelphia, PA, 19123 $795,000 6 -- 2,760 0.03 Acre
808 N 4th Street, Philadelphia, PA, 19123 $1,750,000 6 -- 4,019 0.02 Acre
402 Fairmount Avenue, Philadelphia, PA, 19123 $875,000 2 -- 3,150 0.03 Acre
1136 N 4th Street, Philadelphia, PA, 19123 $549,000 4 -- 1,802 0.03 Acre
1138 N 4th Street, Philadelphia, PA, 19123 $579,000 4 -- 1,854 0.03 Acre
1013 N Leithgow Street, Philadelphia, PA, 19123 $300,000 4 -- 1,440 0.01 Acre
433 Poplar Street, Philadelphia, PA, 19123 $625,000 3 -- 1,504 0.02 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/19/2026 @ 13:53

MLS: PAPH2665470 LISTED BY: Jason Wittenstein, KW Empower 215-627-3500 SOURCE: Bright MLS

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