Legal Duplex with Semi-Finished
For Sale
$325,000
6713 N 15th St, Philadelphia, PA 19126
Legal two-unit home with a 1-bedroom first floor and 2-bedroom second floor plus a semi-finished basement with full bath.
Property Size1,530 SF
Price / SF$212.42
Days on Market31
Property Features for 6713 N 15th St
General Information
Standard status
Active
Size
1,530 SF
Property subtype
Residential Income
Additional Details
Gross Income
$26,400
Building Details
Tenancy
Multi
Abandoned
No
Listing Agency:
RE/MAX Access
(267) 241-9575
Listed By:
Dorothea J Neverson · License #RS298947
(267) 241-9575
Source:
Exprealty
Added: Jul 1
Changed: Jul 31
Last Checked: Jul 31 at 3:18AM
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 RE/MAX Access
Investment Insights
Based on property information with market context.
This legal duplex offers a functional two-floor layout with separate living areas. The first floor features a 1-bedroom unit with a rear yard, while the second floor has a 2-bedroom unit. A semi-finished basement includes a full bath, which may provide a pathway to a potential third unit with approval from the city.
The property is currently tenant occupied and sits on a tree-lined street. With 1,530 SF of total property size, it may appeal to buyers looking for a duplex configuration with an additional basement improvement already in place.
The combination of two defined residential units and a semi-finished lower level with a full bath supports flexible redevelopment options, subject to required city approvals.
The property is currently tenant occupied and sits on a tree-lined street. With 1,530 SF of total property size, it may appeal to buyers looking for a duplex configuration with an additional basement improvement already in place.
The combination of two defined residential units and a semi-finished lower level with a full bath supports flexible redevelopment options, subject to required city approvals.
Key Highlights
- Legal duplex with a 1‑bedroom first‑floor unit and a 2‑bedroom second‑floor unit
- Rear yard associated with the first‑floor 1‑bedroom unit
- Semi‑finished basement with a full bath
Financial Insights For Multifamily LT 5
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 | $39.5k | $25.80 |
| − Vacancy | −$2.2k | −$1.42 |
| EGI | $37.3k | $24.38 |
| − OpEx | −$11.2k | −$7.31 |
| NOI | $26.1k | $17.06 |
1,530 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$373.0K
$326.4K – $435.2K
NOI $26,109 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$343.8K
$300.8K – $401.1K
NOI $24,066 @ 7.0% cap · market cap 7.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,191
Businesses Nearby
Explore this area
Business Placement
Demographics for 19126, PA
16,159
Population
7,490
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
13,466
Density / Sq Mi
$52,847
Median Household Income
$40,610
Median Earnings
$1,116
Median Rent
$214,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-unit home with a 1-bedroom first floor and 2-bedroom second floor plus a semi-finished basement with full bath.
Where is this duplex located?
The property is located at 6713 N 15th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Legal duplex with a 1‑bedroom first‑floor unit and a 2‑bedroom second‑floor unit; Rear yard associated with the first‑floor 1‑bedroom unit; Semi‑finished basement with a full bath
