Two-Property Multifamily
For Sale
$349,999
4929 N 6TH Street, Philadelphia, PA 19120
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,688 SF
Lot Size0.06 Acres
Price / SF$207.35
Days on Market149
Property Features for 4929 N 6TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,688 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
1762
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1940
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
Genesis Real Estate Services
(215) 226-6200
Listed By:
Maria I Falu-Rodriguez · License #RM422414
(215) 668-9135
Added: Mar 4
Changed: Jul 15
Last Checked: Jul 31 at 6:06AM
MLS# PAPH2587938
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 for-sale package includes two side-by-side multifamily properties at 4923 N 6th Street and 4929 N 6th Street in Philadelphia, PA 19120, providing a total of five residential units. At 4923 N 6th Street, there are two two-bedroom units on the 1st and 2nd floors. At 4929 N 6th Street, there are two two-bedroom units on the 1st and 2nd floors, plus a 3rd-floor one-bedroom unit.
The property at 4923 N 6th Street includes a private side lot that can fit up to 5 cars, offering off-street parking. The overall offering is structured as an owner-occupant or investor-friendly portfolio, with options to purchase individually or together.
Both addresses are configured as multi-unit residential buildings, each providing separate floor-level units as described, with the package combining to a five-unit rental profile.
The property at 4923 N 6th Street includes a private side lot that can fit up to 5 cars, offering off-street parking. The overall offering is structured as an owner-occupant or investor-friendly portfolio, with options to purchase individually or together.
Both addresses are configured as multi-unit residential buildings, each providing separate floor-level units as described, with the package combining to a five-unit rental profile.
Key Highlights
- Two side‑by‑side properties at 4923 & 4929 N 6th St in Philadelphia (19120) with 5 total units
- Unit mix: four 2‑bedroom units and one 1‑bedroom unit
- In‑place rents include $1,200/$1,300 (4923) and $1,500/$1,200 plus $1,000 (4929)
Financial Insights For Apartment 5plus
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 | $32.0k | $18.96 |
| − Vacancy | −$2.4k | −$1.44 |
| EGI | $29.6k | $17.52 |
| − OpEx | −$13.3k | −$7.88 |
| NOI | $16.3k | $9.64 |
1,688 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
80%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two side-by-side multifamily properties total five residential units with private off-street parking potential.
Where is this apartment building located?
The property is located at 4929 N 6TH Street 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: Two side‑by‑side properties at 4923 & 4929 N 6th St in Philadelphia (19120) with 5 total units; Unit mix: four 2‑bedroom units and one 1‑bedroom unit; In‑place rents include $1,200/$1,300 (4923) and $1,500/$1,200 plus $1,000 (4929)
