Duplex with Finished
For Sale
$314,900
6119 COLGATE Street, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size1,350 SF
Lot Size0.05 Acres
Price / SF$233.26
Days on Market11
Property Features for 6119 COLGATE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
LAWNCREST
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
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
Hot Water(Heating), Baseboard
Cooling system
Wall Unit(s)
Amenities
laundry hookups
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other
Buildings
1
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# PAPH2679586
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, built in 1920, contains two one-bedroom units. Each has a front living room, kitchen, hall bathroom and rear bedroom. The first-floor apartment connects by private stairs to a finished basement with a full bathroom; the second-floor unit reaches the basement from the front exterior entrance. The upper apartment has new carpeting, recessed lights and an updated kitchen. Hot-water baseboard heat and wall-unit cooling serve the building.
The rear basement provides laundry hookups for both apartments and a door leading to the rear yard. One unit is occupied under a month-to-month lease.
The rear basement provides laundry hookups for both apartments and a door leading to the rear yard. One unit is occupied under a month-to-month lease.
Key Highlights
- Two one‑bedroom apartments, each with a living room, kitchen and hall bathroom
- 1,350 square feet on a 0.0503‑acre lot
- Finished basement includes a full bathroom and private stair access from the first‑floor unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,125
Cap Rate
5.76%
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 5.76%
Second Best
Apartment 5plus
$238.8K
$208.9K – $278.6K
NOI $16,715 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$409.3K
$358.1K – $477.5K
NOI $28,651 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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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 one-bedroom units feature separate kitchens, with basement space and laundry hookups serving the property.
Where is this duplex located?
The property is located at 6119 COLGATE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two one‑bedroom apartments, each with a living room, kitchen and hall bathroom; 1,350 square feet on a 0.0503‑acre lot; Finished basement includes a full bathroom and private stair access from the first‑floor unit
