Duplex with Finished
New
For Sale
$299,900
6117 COLGATE Street, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size1,350 SF
Lot Size0.05 Acres
Price / SF$222.15
Days on Market5
Property Features for 6117 COLGATE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Bathroom - Tub Shower, Bathroom - Stall Shower
Subdivision
LAWNCREST
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,350 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3211
Utilities
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Wall Unit(s)
Amenities
laundry
storage
air conditioning
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Peter McNicholas · License #AB067285
(215) 605-8888
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 17 at 2:06PM
MLS# PAPH2680640
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 1,350-square-foot masonry duplex was built in 1920 on a 0.0503-acre lot. The first-floor unit connects to a finished basement with a full bathroom and a private entrance. Laundry and additional storage are located at the rear of the basement.
The second-floor apartment has a front living room, a newer kitchen, a hall bathroom, and a rear bedroom. Two wall-mounted air-conditioning units serve this floor. The first-floor tenancy is month-to-month, while the second-floor lease runs through 8/31/27.
The second-floor apartment has a front living room, a newer kitchen, a hall bathroom, and a rear bedroom. Two wall-mounted air-conditioning units serve this floor. The first-floor tenancy is month-to-month, while the second-floor lease runs through 8/31/27.
Key Highlights
- 1,350‑square‑foot duplex on a 0.0503‑acre lot
- Masonry construction; built in 1920
- Finished basement has a full bathroom and private entrance for the first‑floor unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,125
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,500
$362.5K
Cap Rate 7%
$258,929
$258.9K
Cap Rate 9%
$201,389
$201.4K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$26.7K $19.80/SF
− Vacancy
−$837 −$0.62/SF
EGI
$25.9K $19.18/SF
− OpEx
−$7.8K −$5.75/SF
NOI
$18.1K $13.43/SF
Area
ZIP 19111
Vacancy
3.13%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,500
Cap Rate 7%
$258,929
Cap Rate 9%
$201,389
Alternative Uses
Best Use
Multifamily LT 5
$258.9K
$226.6K – $302.1K
NOI $18,125 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$238.8K
$208.9K – $278.6K
NOI $16,715 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$409.3K
$358.1K – $477.5K
NOI $28,651 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Check the figures for this property
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 separate floor plans include basement space, laundry, and storage.
Where is this duplex located?
The property is located at 6117 COLGATE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,350‑square‑foot duplex on a 0.0503‑acre lot; Masonry construction; built in 1920; Finished basement has a full bathroom and private entrance for the first‑floor unit
