Bella Vista Duplex
1023 South 6th Street, Philadelphia, PA 19147
Spacious duplex in Bella Vista with updated features.
Type:Multi-Family / Fee Simple
Property size:
2,200 SFPrice / SF:
$250/SF- Added:
- Feb 26, 2026
- Days on Market:
- 96
- Last Refresh:
- Mar 17 at 8:06 am
Property Features for 1023 South 6th Street
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing agent Larry R Levin License #RS300451 (267) 808-6565
Listing office Coldwell Banker Realty (267) 808-6565
Listing date Feb 26, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
HighLights
- Duplex in Bella Vista: Ideal for investment or owner‑occupancy.
- First‑floor unit is vacant and features a recently updated kitchen and flooring, plus a rear yard.
- Second‑floor bi‑level apartment includes a deck and eat‑in kitchen; currently rented for $1680/month.
- New roof surface ensures low maintenance.
- Separate utilities for each unit.
- High occupancy rate and steady rent growth potential in desirable location.
Overview
This well-located duplex in Bella Vista presents an opportunity for investment or owner occupancy. The property features two spacious two-bedroom apartments. The first-floor unit is currently vacant, making it suitable for an owner-occupant buyer. This unit includes a recently updated kitchen and flooring, along with access to a rear yard. The second-floor apartment is bi-level and features a deck and an eat-in kitchen. The current tenants pay $1680 per month and may be willing to extend their lease or vacate, depending on the timing. The property has a new roof surface and separate utilities. Located in the 19147 area of Philadelphia, this property is situated within the School District of Philadelphia. With its location, a high rate of occupancy and steady rent growth are expected.
Local 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 | $56.8k | $25.80 |
| − Vacancy | −$3.1k | −$1.42 |
| EGI | $53.6k | $24.38 |
| − OpEx | −$16.1k | −$7.31 |
| NOI | $37.5k | $17.06 |
2,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K
NOI $34,605 @ 7.0% cap · market cap 6.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.15348
- Latitude
- 39.935776
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Spacious duplex in Bella Vista with updated features.
Where is this duplex located?
The property is located at 1023 South 6th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex in Bella Vista: Ideal for investment or owner‑occupancy.; First‑floor unit is vacant and features a **recently updated kitchen and flooring, plus a rear yard.**; Second‑floor bi‑level apartment includes a deck and eat‑in kitchen; currently rented for $1680/month.
