4-Unit Victorian Multifamily
New
For Sale
$549,900
6704 KEYSTONE STREET, Philadelphia, PA 19135
Four residential units offer varied bedroom layouts, with a shared backyard and a full basement.
Property Size2,490 SF
Days on Market5
Property Features for 6704 KEYSTONE STREET
General Information
Standard status
Active
Size
2,490 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Northeast Philadelphia
Public Transit
Yes
Units
Unit Mix
3bd 1ba, 2bd 1ba, 1bd 1ba
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,728
Amenities
shared backyard
Building Details
Building Size
2,490 SF
Year Built
1925
Construction
Victorian
Listing Agency:
KW Empower
Listed By:
Tess Marie Adams · License #RS361127
(302) 883-9202
Source:
Lizclarkrealestate
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 7:27AM
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 KW Empower
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Investment Insights
Based on property information with market context.
Built in 1925, this 2.5-story Victorian property contains four residential units. Unit layouts range from one to three bedrooms, each with one bathroom. The full basement includes a half bath, and residents share a backyard.
The property is across from Tacony Park and near shopping, restaurants, and public transportation. One unit is owner-occupied, another is currently rented, and two are being offered for lease.
The property is across from Tacony Park and near shopping, restaurants, and public transportation. One unit is owner-occupied, another is currently rented, and two are being offered for lease.
Key Highlights
- Four residential units in a 2.5‑story Victorian building
- Built in 1925
- Unit mix: 3‑bedroom/1‑bath, 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and rear 2‑bedroom/1‑bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,492
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,840
$849.8K
Cap Rate 7%
$607,029
$607.0K
Cap Rate 9%
$472,133
$472.1K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$64.2K $25.80/SF
− Vacancy
−$3.5K −$1.42/SF
EGI
$60.7K $24.38/SF
− OpEx
−$18.2K −$7.31/SF
NOI
$42.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,840
Cap Rate 7%
$607,029
Cap Rate 9%
$472,133
Alternative Uses
Best Use
Multifamily LT 5
$607.0K
$531.2K – $708.2K
NOI $42,492 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$559.5K
$489.6K – $652.8K
NOI $39,166 @ 7.0% cap · market cap 7.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Explore this area
Business Placement
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer varied bedroom layouts, with a shared backyard and a full basement.
Where is this quadplex located?
The property is located at 6704 KEYSTONE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Four residential units in a 2.5‑story Victorian building; Built in 1925; Unit mix: 3‑bedroom/1‑bath, 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and rear 2‑bedroom/1‑bath
