5-Unit Apartment
For Sale
$349,999
4929 N 6th St, Philadelphia, PA 19120
Side-by-side Philadelphia properties provide residential units and private off-street parking.
Property Size1,688 SF
Price / SF$207.35
Days on Market67
Property Features for 4929 N 6th St
General Information
Standard status
Active
Size
1,688 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR, 1 x 1BR/1BA
Multifamily Units
5
Additional Details
Asking Price
$600,000
Building Details
Year Built
1940
Buildings
2
Listing Agency:
Genesis Real Estate Services
Listed By:
Maria I Falu-Rodriguez · License #RM422414
(215) 668-9135
Source:
Upgradebymichaud
Added: Aug 17
Changed: Oct 10
Last Checked: Oct 20 at 10:00PM
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 Genesis Real Estate Services
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Investment Insights
Based on property information with market context.
This offering combines two adjacent apartment buildings at 4923 and 4929 N 6th St in Philadelphia. The properties contain five residential units: four two-bedroom apartments and one one-bedroom, one-bath apartment. The buildings were constructed in 1940 and offer a multi-unit configuration across separate addresses.
The 4923 N 6th St property includes a private side lot with capacity for up to 5 cars. Both properties are located in Philadelphia’s 19120 ZIP code, with the two-building arrangement providing distinct components within one offering.
The 4923 N 6th St property includes a private side lot with capacity for up to 5 cars. Both properties are located in Philadelphia’s 19120 ZIP code, with the two-building arrangement providing distinct components within one offering.
Key Highlights
- Five residential units across 4923 and 4929 N 6th St
- Unit mix includes four 2‑bedroom apartments and one 1‑bedroom, 1‑bath apartment
- Private side lot at 4923 N 6th St accommodates up to 5 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,265
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,300
$325.3K
Cap Rate 7%
$232,357
$232.4K
Cap Rate 9%
$180,722
$180.7K
Market Conditions
NOI Build-Up for 1,688 SF
Gross rent
$32.0K $18.96/SF
− Vacancy
−$2.4K −$1.44/SF
EGI
$29.6K $17.52/SF
− OpEx
−$13.3K −$7.88/SF
NOI
$16.3K $9.64/SF
Area
ZIP 19120
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,300
Cap Rate 7%
$232,357
Cap Rate 9%
$180,722
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 authorities.
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Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
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Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Side-by-side Philadelphia properties provide residential units and private off-street parking.
Where is this apartment building located?
The property is located at 4929 N 6th St 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: Five residential units across 4923 and 4929 N 6th St; Unit mix includes four 2‑bedroom apartments and one 1‑bedroom, 1‑bath apartment; Private side lot at 4923 N 6th St accommodates up to 5 cars
