Renovated Two-Unit
For Sale
$335,000
6037 DELANCEY Street, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size1,320 SF
Lot Size0.02 Acres
Price / SF$253.79
Days on Market56
Property Features for 6037 DELANCEY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
COBBS CREEK
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,320 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
1927
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1925
Number of units
1
Building materials
Masonry
Architectural style
Other
Listing Agency:
HomeZu by Simple Choice
Listed By:
Christopher J Carr · License #RM420776
(855) 885-4663
Added: Aug 28
Changed: Oct 21
Last Checked: Oct 22 at 2:06AM
MLS# PAPH2664880
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 1,320-square-foot masonry duplex contains two apartments. The first-floor unit has one bedroom, two full bathrooms, and a finished basement room; the second-floor unit includes two bedrooms and one full bathroom. Both apartments have updated kitchens with stainless-steel appliances, and the property has modernized electrical wiring and plumbing, replacement windows, solid wood doors, and vinyl plank flooring.
The building dates to 1925 and occupies a 0.0228-acre lot. On-street parking is listed for the property.
The building dates to 1925 and occupies a 0.0228-acre lot. On-street parking is listed for the property.
Key Highlights
- Two‑unit duplex with 1,320 square feet of building area
- First‑floor apartment: 1 bedroom, 2 full bathrooms, and a finished basement room
- Second‑floor apartment: 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,300
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,000
$286.0K
Cap Rate 7%
$204,286
$204.3K
Cap Rate 9%
$158,889
$158.9K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$22.0K $16.68/SF
− Vacancy
−$1.6K −$1.20/SF
EGI
$20.4K $15.48/SF
− OpEx
−$6.1K −$4.64/SF
NOI
$14.3K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,000
Cap Rate 7%
$204,286
Cap Rate 9%
$158,889
Alternative Uses
Best Use
Multifamily LT 5
$204.3K
$178.8K – $238.3K
NOI $14,300 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$181.7K
$159.0K – $212.0K
NOI $12,719 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$452.4K
$395.9K – $527.8K
NOI $31,670 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,463
Businesses Nearby
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Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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 - The two apartments offer distinct bedroom and bathroom layouts, with a finished basement room serving the first-floor unit.
Where is this duplex located?
The property is located at 6037 DELANCEY Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,320 square feet of building area; First‑floor apartment: 1 bedroom, 2 full bathrooms, and a finished basement room; Second‑floor apartment: 2 bedrooms and 1 full bathroom
