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Two-Unit Duplex Property
For Sale
$249,999
Pending

6240 CHESTNUT STREET, Philadelphia, PA 19139

Occupied two-story residential income property with flexible occupancy potential and transit access near Center City.

Property Size1,840 SF
Days on Market54

Property Features for 6240 CHESTNUT STREET

General Information

Standard status Pending
Size 1,840 SF
Property subtype Duplex
Occupancy 100%

Site & Location

Neighborhood West Philadelphia
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,143

Building Details

Building Size 1,840 SF
Year Built 1925
Listing Agency: Opulent Realty Group LLC
Listed By: Seth Floyd · License #RM425920
Source: Patmckennarealtors
Added: Sep 1 Changed: Oct 21 Last Checked: Oct 23 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opulent Realty Group LLC

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Investment Insights

Based on property information with market context.

Built in 1925, this duplex contains two residential units configured with two bedrooms each. Both units are currently occupied, providing an existing rental setup for a new owner. One tenancy is month-to-month and may be vacated for an owner-occupant purchaser, subject to applicable lease and legal requirements.

The property is located at 6240 Chestnut Street in Philadelphia, one block from the L train to Center City and a short walk from Fairmount Park. Its established West Philadelphia setting combines neighborhood housing with convenient rail access to the central business district.

Key Highlights

  • Two‑unit duplex with 2+2 bedroom configuration
  • Both units currently occupied
  • One lease is month‑to‑month

Property Analytics

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Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,697
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Occupied two-story residential income property with flexible occupancy potential and transit access near Center City.
Where is this duplex located?
The property is located at 6240 CHESTNUT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Two‑unit duplex with 2+2 bedroom configuration; Both units currently occupied; One lease is month‑to‑month
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