6-Unit Apartment Building with Yard

PHILADELPHIA, PA 19147 Philadelphia, PA 19147

For Sale

$1,525,000

SINGLE_FAMILY - PHILADELPHIA, PA

Property size:

6,000 SF

Lot size:

0.06 Acres

Price / SF:

$254/SF

For Sale

$1,525,000

SINGLE_FAMILY - PHILADELPHIA, PA

Property size:

6,000 SF

Lot size:

0.06 Acres

Price / SF:

$254/SF

Added:: Mar 7, 2025
Days on Market:: 490
Last Refresh:: Jul 10 at 9:06 pm

Property Features

General Information

Property type: Residential
Property subtype: Other
Standard status: Active
Size: 6,000 SF
Lot size: 0.06 Acres

Building Details

Year built: 1950

Listing agent Patrick Conway License #RS217990L

Listing office BHHS Fox & Roach Center City-Society Hill PA

Listing date Mar 7, 2025

MLS# PAPH2454398

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.

This well-maintained 6-unit apartment building includes two separate stairwells and a finished lower level with flexible interior space. Units feature open floor plans with central air, eat-in kitchens, large windows, washer and dryer, and self-contained living arrangements. The mix consists of two 1-bedroom, 1-bath apartments and four 2-bedroom, 1-bath units. The lower level includes a powder room, separate mechanical room, large storage room, and an additional bonus room.

The property is zoned RMI and sits on a lot measuring 27x100. Additional exterior amenities include an enormous rear shared community yard.

The building is presented as an income-producing multifamily asset and is also described as offering the flexibility for alternative residential configurations.

Key Highlights

Fully occupied 6‑unit apartment building (built 1950) with self‑contained units
Unit mix: two 1‑bedroom, 1‑bath apartments and four 2‑bedroom, 1‑bath units
Central air plus in‑unit washer and dryer in all units

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$182.2k	$30.36
− Vacancy	−$10.6k	−$1.76
EGI	$171.6k	$28.60
− OpEx	−$77.2k	−$12.87
NOI	$94.4k	$15.73

6,000 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.35M

$1.18M – $1.57M (±1% cap)

NOI $94,377 @ 7.0% cap · market cap 6.19%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$1.46M

$1.28M – $1.71M (±1% cap)

NOI $102,389 @ 7.0% cap · market cap 6.71%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

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What type of property is this?

Apartment building - Fully occupied 6-unit apartment building with central air and a finished lower level plus a rear shared community yard.

Where is this apartment building located?

The property is located at Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,525,000.

What are key features of this property?

This property features: Fully occupied 6‑unit apartment building (built 1950) with self‑contained units; Unit mix: two 1‑bedroom, 1‑bath apartments and four 2‑bedroom, 1‑bath units; Central air plus in‑unit washer and dryer in all units

PHILADELPHIA, PA 19147 Philadelphia, PA 19147

SINGLE_FAMILY - PHILADELPHIA, PA

Property Features

General Information

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Similar For Sale Nearby

Freestanding Single-Story Retail Building

Freestanding Office Building on Corner

Restaurant Opportunity in Philadelphia, PA

Medical Office Building with Parking

Corner Mixed-Use Building with Bar

Mixed-Use Brownstone with Storefront

Mixed-Use Building with Two-Level Layout

New-Construction 11-Unit Apartment Building

Fully Leased Triplex with In-Unit Laundry

2019 Four-Unit Multifamily Investment

Turnkey Three-Story Building with Elevator

Turnkey Triplex with Tax Abatement

FAQs