Mixed-Use Property with
New
For Sale
$268,800
6308 RISING SUN Avenue, Philadelphia, PA 19111
Multi-Family, PHILADELPHIA, PA
Property Size1,412 SF
Lot Size0.05 Acres
Price / SF$190.37
Days on Market1
Property Features for 6308 RISING SUN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Subdivision
LAWNDALE
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
1,412 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
1576
Utilities
Heating system
Other (Heating)
Cooling system
Wall Unit(s)
Amenities
washer and dryer in unit
Building Details
Year built
1950
Number of units
1
Building materials
Masonry
Listing Agency:
Central Realty Group LLC
Listed By:
Sze Wai Kwong · License #RM422843
(215) 516-6038
Added: Oct 21
Last Checked: Oct 21 at 1:06PM
MLS# PAPH2682852
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 mixed-use property combines a commercial space with an upstairs apartment featuring three bedrooms, one bathroom, and a washer and dryer. The 1,412-square-foot building was constructed in 1950 with masonry materials and sits on a 0.0459-acre lot. Cooling is provided by wall units, and parking is on street.
The property is on Rising Sun Avenue, within a business corridor and near public transportation, schools, restaurants, and other businesses.
The property is on Rising Sun Avenue, within a business corridor and near public transportation, schools, restaurants, and other businesses.
Key Highlights
- 1,412‑square‑foot mixed‑use property on a 0.0459‑acre lot
- Upstairs apartment with 3 bedrooms and 1 bathroom
- Washer and dryer located in the apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,062
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,240
$381.2K
Cap Rate 7%
$272,314
$272.3K
Cap Rate 9%
$211,800
$211.8K
Market Conditions
NOI Build-Up for 1,412 SF
Gross rent
$33.9K $24.00/SF
− Vacancy
−$3.4K −$2.40/SF
EGI
$30.5K $21.60/SF
− OpEx
−$11.4K −$8.10/SF
NOI
$19.1K $13.50/SF
Area
ZIP 19111
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,240
Cap Rate 7%
$272,314
Cap Rate 9%
$211,800
Alternative Uses
Best Use
Mixed Use
$272.3K
$238.3K – $317.7K
NOI $19,062 @ 7.0% cap · market cap 7.09%
Second Best
Retail
$236.4K
$206.8K – $275.8K
NOI $16,546 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$428.1K
$374.6K – $499.5K
NOI $29,967 @ 7.0% cap · market cap 11.15%
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
1
Residential units
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 31%
Electronics 4%
PNC Bank
Shops & Services
6,058 visits/mo
0.4 miles
Burger King
Dining
5,933 visits/mo
0.4 miles
Dunkin' Donuts
Dining
4,284 visits/mo
0.4 miles
Dollar General
Shops & Services
4,241 visits/mo
0.4 miles
Family Dollar
Shops & Services
3,740 visits/mo
0.2 miles
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 Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - The upstairs residence offers three bedrooms, one bathroom, and an in-unit washer and dryer.
Where is this mixed-use property located?
The property is located at 6308 RISING SUN Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $268,800.
What are key features of this property?
This property features: 1,412‑square‑foot mixed‑use property on a 0.0459‑acre lot; Upstairs apartment with 3 bedrooms and 1 bathroom; Washer and dryer located in the apartment
