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Legal Duplex with Semi-Finished Basement

6713 N 15TH Street Philadelphia, PA 19126

6713 N 15TH Street, Philadelphia, PA, 19126
$325,000
For Sale
$325,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,530 SF
Lot Size0.04 Acres
Price / SF$212.42
Days on Market16

Property Features for 6713 N 15TH Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,530 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
3206

Utilities

Heating system
Other (Heating)

Building Details

Year built
1925
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency RE/MAX Access
100 Spring Garden Street, Philadelphia, PA
Listed by Dorothea J Neverson · License #RS298947
Added: Jul 6 Updated: Jul 10 at 1:18 pm Checked: Jul 21 at 1:06 am
MLS# PAPH2643130 Listing URL

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.


Investment Insights

Based on property information with market context.

This property is a legal duplex twin with two separate residential units. The first-floor unit is a 1-bedroom layout that includes access to a rear yard. The second-floor unit has 2 bedrooms. The basement is semi-finished and includes a full bath, which may provide room for an additional unit pending city approval. The property is currently arranged for duplex use and totals approximately 1,530 square feet.

Located on a tree-lined street in Philadelphia, the home offers a straightforward residential income configuration with a rear-yard component attached to the first-floor unit. The property is tenant occupied.

The existing setup should appeal to buyers or investors looking for a maintained income property with established rental streams. The tenants are described as long term and well paying, with each unit currently at $1,100 per month. For owner-occupants, the duplex format also supports flexible living arrangements while retaining rental income. Any potential third-unit concept would be subject to approval of the city.

Key Highlights

  • Legal duplex with 1BD on the 1st floor and 2BD on the 2nd floor
  • Semi‑finished basement includes a full bath, with potential for a 3rd unit pending city approval
  • Currently tenant occupied by good, long‑term tenants paying $1,100 per month each

Local 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 (±1% cap)
NOI $26,109 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$343.8K
$300.8K – $401.1K (±1% cap)
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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Building Supply Cafe & Coffee Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Legal two-unit twin offers 1-bedroom rear-yard unit, 2-bedroom upper unit, and semi-finished basement with full bath.
Where is this duplex located?
The property is located at 6713 N 15TH Street 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 1BD on the 1st floor and 2BD on the 2nd floor; Semi‑finished basement includes a full bath, with potential for a 3rd unit pending city approval; Currently tenant occupied by good, long‑term tenants paying $1,100 per month each
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