Two-Unit Duplex with Updated
For Sale
$261,500
6013 SPRUCE Street, Philadelphia, PA 19139
Multi-Family, PHILADELPHIA, PA
Property Size1,416 SF
Lot Size0.04 Acres
Price / SF$184.68
Days on Market156
Property Features for 6013 SPRUCE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,416 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3332
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1925
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Silver and Oak Realty
(201) 630-0360
Listed By:
Sascha Alexander Edelkraut
(267) 399-8043
Added: May 29
Changed: Oct 13
Last Checked: Oct 31 at 1:06AM
MLS# PAPH2617840
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.
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Investment Insights
Based on property information with market context.
This masonry duplex contains two occupied apartments totaling 1,416 square feet. The first unit has one bedroom, one bathroom, a kitchen, and a living room; the second includes two bedrooms, one bathroom, and a kitchen. Central heating and central air serve the property, and on-street parking is available.
Built in 1925, the building received a full renovation in 2016, including updates to its electrical, plumbing, and HVAC systems. More recent cosmetic improvements were also completed. The property sits on a 0.0367-acre lot in Philadelphia.
Built in 1925, the building received a full renovation in 2016, including updates to its electrical, plumbing, and HVAC systems. More recent cosmetic improvements were also completed. The property sits on a 0.0367-acre lot in Philadelphia.
Key Highlights
- Two occupied units: one with 1 bedroom and 1 bathroom, the other with 2 bedrooms and 1 bathroom
- 1,416 square feet in a masonry duplex
- Full renovation in 2016 included electrical, plumbing, and HVAC system updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,273
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,460
$445.5K
Cap Rate 7%
$318,186
$318.2K
Cap Rate 9%
$247,478
$247.5K
Market Conditions
NOI Build-Up for 1,416 SF
Gross rent
$43.0K $30.36/SF
− Vacancy
−$2.5K −$1.76/SF
EGI
$40.5K $28.60/SF
− OpEx
−$18.2K −$12.87/SF
NOI
$22.3K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,460
Cap Rate 7%
$318,186
Cap Rate 9%
$247,478
Alternative Uses
Best Use
Multifamily LT 5
$345.2K
$302.1K – $402.7K
NOI $24,164 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$318.2K
$278.4K – $371.2K
NOI $22,273 @ 7.0% cap · market cap 8.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
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Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied apartments offer separate one- and two-bedroom layouts with kitchens and living areas.
Where is this duplex located?
The property is located at 6013 SPRUCE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $261,500.
What are key features of this property?
This property features: Two occupied units: one with 1 bedroom and 1 bathroom, the other with 2 bedrooms and 1 bathroom; 1,416 square feet in a masonry duplex; Full renovation in 2016 included electrical, plumbing, and HVAC system updates
