Two-Property Multifamily
4929 N 6TH Street Philadelphia, PA 19120
4929 N 6TH Street, Philadelphia, PA, 19120
$349,999
For Sale
$349,999
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,688 SF
Lot Size0.06 Acres
Price / SF$207.35
Days on Market134
Property Features for 4929 N 6TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,688 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1762
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1940
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
Genesis Real Estate Services
(215) 226-6200
2837 N 5th Street, Philadelphia, PA
Listed by
Maria I Falu-Rodriguez · License #RM422414
(215) 668-9135
Added: Mar 4 Checked: Jul 16 at 7:06 pm
MLS# PAPH2587938
Listing URL
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 for-sale package includes two side-by-side multifamily properties at 4923 N 6th Street and 4929 N 6th Street in Philadelphia, PA 19120, providing a total of five residential units. At 4923 N 6th Street, there are two two-bedroom units on the 1st and 2nd floors. At 4929 N 6th Street, there are two two-bedroom units on the 1st and 2nd floors, plus a 3rd-floor one-bedroom unit.
The property at 4923 N 6th Street includes a private side lot that can fit up to 5 cars, offering off-street parking. The overall offering is structured as an owner-occupant or investor-friendly portfolio, with options to purchase individually or together.
Both addresses are configured as multi-unit residential buildings, each providing separate floor-level units as described, with the package combining to a five-unit rental profile.
The property at 4923 N 6th Street includes a private side lot that can fit up to 5 cars, offering off-street parking. The overall offering is structured as an owner-occupant or investor-friendly portfolio, with options to purchase individually or together.
Both addresses are configured as multi-unit residential buildings, each providing separate floor-level units as described, with the package combining to a five-unit rental profile.
Key Highlights
- Two side‑by‑side properties at 4923 & 4929 N 6th St in Philadelphia (19120) with 5 total units
- Unit mix: four 2‑bedroom units and one 1‑bedroom unit
- In‑place rents include $1,200/$1,300 (4923) and $1,500/$1,200 plus $1,000 (4929)
Local Financial Insights For Apartment 5plus
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 | $32.0k | $18.96 |
| − Vacancy | −$2.4k | −$1.44 |
| EGI | $29.6k | $17.52 |
| − OpEx | −$13.3k | −$7.88 |
| NOI | $16.3k | $9.64 |
1,688 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$232.4K
$203.3K – $271.1K
NOI $16,265 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$403.2K
$352.8K – $470.4K
NOI $28,226 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Two side-by-side multifamily properties total five residential units with private off-street parking potential.
Where is this apartment building located?
The property is located at 4929 N 6TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Two side‑by‑side properties at 4923 & 4929 N 6th St in Philadelphia (19120) with 5 total units; Unit mix: four 2‑bedroom units and one 1‑bedroom unit; In‑place rents include $1,200/$1,300 (4923) and $1,500/$1,200 plus $1,000 (4929)
