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Three-Residence Income Property
For Sale
$989,000

768 S 6TH STREET, Philadelphia, PA 19147

MULTI_FAMILY - PHILADELPHIA, PA

Property Size3,360 SF
Lot Size0.03 Acres
Price / SF$294.35
Days on Market100

Property Features for 768 S 6TH STREET

General Information

Property type Residential Multi Family
Property subtype Townhouse
Standard status Active
Size 3,360 SF
Lot size 0.03 Acres

Building Details

Year built 1915
Listing Agency: BHHS Fox & Roach Center City-Society Hill · Berkshire Hathaway HomeServices
Listed By: Patrick Conway · License #RS217990L
Added: Apr 29 Changed: Jul 23 Last Checked: Aug 6 at 12:06AM
MLS# PAPH2610954

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

For sale as-is, a one-of-a-kind multi-family property on a 20' x 60' lot featuring approximately 3,500 square feet and flexible configurations. The property is arranged as three residences on one deed: a front home plus two separate trinity units. The front home (Unit 1) offers three bedrooms plus a den and one bathroom, with an extra-wide layout and three front windows. It includes two entrances and two kitchens. Units 2 and 3 are trinity-style homes tucked just off a private side breezeway, with Unit 2 featuring a 1-bedroom plus den and 1 bath, and Unit 3 featuring 2 bedrooms, 1 bath, straight stairs, and side windows.

A private outdoor area and a separate storage room are included beyond the trinities. The property requires updating, and the listing is offered in as-is condition. The address is listed in Philadelphia, Pennsylvania (19147), near the Queen Village and Bella Vista border per the remarks.

Key Highlights

  • 1915 property on a 20' x 60' lot with approximately 3,500 SF and three residences on one deed
  • Front home (Unit 1): extra‑wide 3‑bed plus den, 1‑bath layout with two entrances and two kitchens
  • Two separate trinities (Units 2 & 3) located off a private side breezeway with hardwood floors

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 $86.7k $25.80
− Vacancy −$4.8k −$1.42
EGI $81.9k $24.38
− OpEx −$24.6k −$7.31
NOI $57.3k $17.06
3,360 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K (±1% cap)
NOI $57,338 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$755.0K
$660.6K – $880.9K (±1% cap)
NOI $52,851 @ 7.0% cap · market cap 5.34%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Buffet Nursing Home Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

6,030
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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?
Triplex - For sale as-is three residences on one deed, including a front home and two separate trinity-style units.
Where is this triplex located?
The property is located at 768 S 6TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: 1915 property on a 20' x 60' lot with approximately 3,500 SF and three residences on one deed; Front home (Unit 1): extra‑wide 3‑bed plus den, 1‑bath layout with two entrances and two kitchens; Two separate trinities (Units 2 & 3) located off a private side breezeway with hardwood floors
More about this property
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