Duplex with Finished
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 Market11
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
3211
Utilities
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Wall Unit(s)
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 23
Last Checked: Oct 23 at 3:06PM
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.
Built in 1920, this masonry duplex offers 1,350 square feet across two residential units. The first-floor unit connects to finished basement space with a full bathroom and private entrance. Laundry and storage occupy the rear basement area.
The second-floor unit has a front living room, kitchen, hall bathroom, and rear bedroom, plus two wall-mounted air conditioners. The property sits on a 0.0503-acre lot, with on-street parking.
The second-floor unit has a front living room, kitchen, hall bathroom, and rear bedroom, plus two wall-mounted air conditioners. The property sits on a 0.0503-acre lot, with on-street parking.
Key Highlights
- 1,350‑square‑foot masonry duplex built in 1920
- First‑floor unit includes finished basement space with private entrance and full bathroom
- Second‑floor layout has a living room, newer kitchen, hall bathroom, and rear bedroom
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
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex includes a finished lower-level area with a separate entrance and full bathroom.
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 masonry duplex built in 1920; First‑floor unit includes finished basement space with private entrance and full bathroom; Second‑floor layout has a living room, newer kitchen, hall bathroom, and rear bedroom
