Renovated Duplex with Outdoor
For Sale
$619,900
1711 S 6TH Street, Philadelphia, PA 19148
Multi-Family, PHILADELPHIA, PA
Property Size1,850 SF
Lot Size0.02 Acres
Price / SF$335.08
Days on Market13
Property Features for 1711 S 6TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Appliances
Built-In Microwave, Dishwasher, Dryer, Freezer, Microwave, Oven - Single, Range Hood, Refrigerator, Stove, Washer
Subdivision
DICKINSON NARROWS
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,850 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
4041
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
central air conditioning
gas-fired forced-air heat
in-unit laundry
newer dishwashers
quartz countertops
hardwood and tile flooring
fully tiled bathrooms
private outdoor space
Building Details
Year built
1925
Number of units
2
Building materials
Brick, Masonry
Architectural style
Contemporary
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
John D McDonald · License #RS284363
(215) 669-0469
Added: Aug 18
Changed: Aug 19
Last Checked: Aug 30 at 12:06AM
MLS# PAPH2659724
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 1,850-square-foot duplex contains two residences with distinct layouts. The first-floor home offers one bedroom and one bathroom, while the bi-level penthouse includes three bedrooms, one full bathroom, one half bathroom, and a dedicated laundry and mudroom area. Renovations to both residences were completed in 2021.
Each unit has central air conditioning, gas-fired forced-air heat, in-unit laundry, a dishwasher, quartz kitchen countertops, hardwood and tile flooring, fully tiled bathrooms, and private outdoor space. The property also includes a basement, brick and masonry construction, and on-street parking.
The duplex is located at 1711 S 6TH Street in Philadelphia's Dickinson Narrows area, near Pennsport and East Passyunk. Dickinson Square Park, the Bok Building and Bar, restaurants, shops, and everyday retailers are also nearby.
Each unit has central air conditioning, gas-fired forced-air heat, in-unit laundry, a dishwasher, quartz kitchen countertops, hardwood and tile flooring, fully tiled bathrooms, and private outdoor space. The property also includes a basement, brick and masonry construction, and on-street parking.
The duplex is located at 1711 S 6TH Street in Philadelphia's Dickinson Narrows area, near Pennsport and East Passyunk. Dickinson Square Park, the Bok Building and Bar, restaurants, shops, and everyday retailers are also nearby.
Key Highlights
- Two‑residence duplex with a one‑bedroom, one‑bath first‑floor home and a bi‑level three‑bedroom penthouse
- Renovations to both residences completed in 2021
- 1,850 square feet on a 0.0172‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,570
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$631,400
$631.4K
Cap Rate 7%
$451,000
$451.0K
Cap Rate 9%
$350,778
$350.8K
Market Conditions
NOI Build-Up for 1,850 SF
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.
Gross rent
$47.7K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$45.1K $24.38/SF
− OpEx
−$13.5K −$7.31/SF
NOI
$31.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$631,400
Cap Rate 7%
$451,000
Cap Rate 9%
$350,778
Alternative Uses
Best Use
Multifamily LT 5
$451.0K
$394.6K – $526.2K
NOI $31,570 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$415.7K
$363.8K – $485.0K
NOI $29,100 @ 7.0% cap · market cap 4.69%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,844
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences include a one-bedroom home and a bi-level three-bedroom penthouse.
Where is this duplex located?
The property is located at 1711 S 6TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Two‑residence duplex with a one‑bedroom, one‑bath first‑floor home and a bi‑level three‑bedroom penthouse; Renovations to both residences completed in 2021; 1,850 square feet on a 0.0172‑acre lot
