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6240 WASHINGTON AVENUE, Philadelphia, PA, 19143
Renovated 4-Bedroom Residence

6240 WASHINGTON AVENUE Philadelphia, PA 19143

For Sale
$379,000

SINGLE_FAMILY - PHILADELPHIA, PA

Property Size3,000 SF
Price / SF$126.33
Days on Market80

Property Features for 6240 WASHINGTON AVENUE

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
5
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Standard status
Active
Size
3,000 SF

Building Details

Year built
1920
Listing Agency: BHHS Fox & Roach Blue Bell
Listed By: Karen Langsfeld
Added: May 6 Changed: Jul 23 Last Checked: Jul 24 at 10:06AM
MLS# PAPH2616588

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 6240 Washington Ave in Philadelphia’s Cobbs Creek neighborhood, this renovated 4-bedroom, 4.5-bath home offers an updated, modern interior designed for comfortable everyday living and entertaining. The first floor features an open-concept layout with a living area flowing into a large dining space, along with a custom cabinet kitchen that includes an island, stainless steel appliances, and ample storage. A first-floor laundry area and mudroom add practical convenience, and the closed front porch provides additional seated space.

The home was totally renovated in 2018 and includes multiple ensuite bedrooms. The third-floor bedroom offers an ensuite bath, large closet, and balcony. The finished basement adds extra usable space with a full bathroom and direct access to the backyard.

Outside, an extended patio provides another area to gather or dine. The home’s location in Cobbs Creek provides access to West Philadelphia conveniences, green space, transit options, shopping, dining, and major routes into Center City and surrounding areas.

Key Highlights

  • 4‑bedroom, 4.5‑bath Philadelphia home with approximately 2,300 sq ft above grade plus a finished 700 sq ft basement
  • Totally renovated in 2018 with updated bathrooms and modern finishes throughout
  • Open‑concept first floor with large dining space seating up to 10 and a custom cabinet kitchen with island and stainless steel appliances

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.9k $18.96
− Vacancy −$4.3k −$1.44
EGI $52.6k $17.52
− OpEx −$23.7k −$7.88
NOI $28.9k $9.64
3,000 SF · lease $18.96/SF/yr · vacancy 7.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$412.9K
$361.3K – $481.8K (±1% cap)
NOI $28,906 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$899.7K – $1.20M (±1% cap)
NOI $71,977 @ 7.0% cap · market cap 18.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Building Supply Parking Lot & Garage Accounting Firm Spa & Massage Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Renovated 4-bedroom, 4.5-bath home with finished basement and direct backyard access, plus a patio for outdoor space.
Where is this single family property located?
The property is located at 6240 WASHINGTON AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 4‑bedroom, 4.5‑bath Philadelphia home with approximately 2,300 sq ft above grade plus a finished 700 sq ft basement; Totally renovated in 2018 with updated bathrooms and modern finishes throughout; Open‑concept first floor with large dining space seating up to 10 and a custom cabinet kitchen with island and stainless steel appliances
More about this property
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