1132 Mount Vernon St, Philadelphia, PA 19123
Local realty services provided by:ERA Martin Associates
1132 Mount Vernon St,Philadelphia, PA 19123
$700,000
- 3 Beds
- - Baths
- 2,496 sq. ft.
- Multi-family
- Coming Soon
Listed by: jason wittenstein, ryan stawasz
Office: kw empower
MLS#:PAPH2665470
Source:BRIGHTMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$280.45
About this home
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 lead 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....
Contact an agent
Home facts
- Year built:1915
- Subdivision & Development:SPRING ARTS
- Listing ID #:PAPH2665470
- Updated:September 07, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Full
- Living area:2,496 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1915
- Building area:2,496 sq. ft.
- Lot area:0.03 Acres
- Construction Materials:Masonry
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$280.45
- Tax amount:$8,123 (2026)
Features and amenities
- Amenities:200+ Amp Service
Parking
- Parking description:On Street
New listings near 1132 Mount Vernon St
- Coming Soon
$575,000Coming Soon2 beds 2 baths1,140 sq. ft.329 Fitzwater St, PHILADELPHIA, PA 19147
MLS# PAPH2666962Listed by: KW EMPOWER - Coming Soon
$330,000Coming Soon3 beds 2 baths1,478 sq. ft.2484 N 77th Ave, PHILADELPHIA, PA 19150
MLS# PAPH2667622Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$195,000Coming Soon3 beds 2 baths2,334 sq. ft.Address Withheld By Seller, PHILADELPHIA, PA 19144
MLS# PAPH2667922Listed by: SHERMAN TOPPIN REAL ESTATE LLC - Coming Soon
$425,000Coming Soon4 beds 3 baths1,983 sq. ft.8341 Mansfield Ave, PHILADELPHIA, PA 19150
MLS# PAPH2665438Listed by: ELFANT WISSAHICKON-CHESTNUT HILL - Coming Soon
$700,000Coming Soon3 beds 3 baths1,600 sq. ft.500 Clymer St, PHILADELPHIA, PA 19147
MLS# PAPH2667440Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$175,000Coming Soon3 beds -- baths1,314 sq. ft.40 W Wyneva St, PHILADELPHIA, PA 19144
MLS# PAPH2667914Listed by: EXP REALTY, LLC - Coming Soon
$239,000Coming Soon3 beds 2 baths1,404 sq. ft.5329 N Carlisle, PHILADELPHIA, PA 19141
MLS# PAPH2667886Listed by: KELLER WILLIAMS REALTY GROUP - Coming SoonOpen Thu, 5 to 8pm
$579,000Coming Soon2 beds 3 baths2,736 sq. ft.2206 Fulmer St, PHILADELPHIA, PA 19115
MLS# PAPH2667866Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$1,199,900Coming Soon4 beds 5 baths2,512 sq. ft.1328 E Berks St #3c, PHILADELPHIA, PA 19125
MLS# PAPH2666796Listed by: RE/MAX READY - Coming Soon
$889,900Coming Soon4 beds 3 baths3,240 sq. ft.1210 E Fletcher St, PHILADELPHIA, PA 19125
MLS# PAPH2667358Listed by: RE/MAX READY