Mixed-Use Property with
For Sale
$350,000
6729 ELMWOOD Avenue, Philadelphia, PA 19142
Multi-Family, PHILADELPHIA, PA
Property Size1,684 SF
Lot Size0.03 Acres
Price / SF$207.84
Days on Market128
Property Features for 6729 ELMWOOD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Appliances
Stove, WaterHeater
Subdivision
ELMWOOD PARK
High school
BATRAM
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
1,684 SF
Lot size
0.03 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Annual Amount
1527
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1925
Number of units
2
Building materials
Block, Brick, Concrete, Masonry, Stone, Stucco
Buildings
1
Listing Agency:
Nova Realty, LLC
(215) 365-8200
Listed By:
Lawrence M Eburuoh · License #RM424250
(215) 300-9121
Added: Jun 25
Changed: Oct 26
Last Checked: Oct 30 at 1:06AM
MLS# PAPH2621740
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 1,684-square-foot mixed-use building combines a ground-floor storefront configured for retail or office use with a separate-entry apartment upstairs. The apartment has two bedrooms, a living room, a kitchen, and a full bathroom. A finished basement adds an open area, an additional room, a half bathroom, and storage. The roof was replaced three months ago.
Central air conditioning is provided separately for each unit, and the utilities are separately metered. The property occupies a 0.0261-acre lot and was built in 1925.
Central air conditioning is provided separately for each unit, and the utilities are separately metered. The property occupies a 0.0261-acre lot and was built in 1925.
Key Highlights
- 1,684‑square‑foot mixed‑use building on a 0.0261‑acre lot
- Ground‑floor storefront suitable for retail or office use
- Upper‑level apartment with separate entrance, two bedrooms, kitchen, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,006
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,120
$400.1K
Cap Rate 7%
$285,800
$285.8K
Cap Rate 9%
$222,289
$222.3K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$36.4K $21.60/SF
− Vacancy
−$4.4K −$2.59/SF
EGI
$32.0K $19.01/SF
− OpEx
−$12.0K −$7.13/SF
NOI
$20.0K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,120
Cap Rate 7%
$285,800
Cap Rate 9%
$222,289
Alternative Uses
Best Use
Mixed Use
$285.8K
$250.1K – $333.4K
NOI $20,006 @ 7.0% cap · market cap 5.72%
Second Best
Retail
$271.9K
$237.9K – $317.2K
NOI $19,033 @ 7.0% cap · market cap 5.44%
Theoretical Best
Multifamily LT 5
$410.5K
$359.2K – $479.0K
NOI $28,737 @ 7.0% cap · market cap 8.21%
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
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
12,012 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,289 visits/mo
0.4 miles
AutoZone
Shops & Services
6,834 visits/mo
0.2 miles
Demographics for 19142, PA
29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
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 - A separate-entry, two-bedroom apartment sits above commercial space, with additional finished area below grade.
Where is this mixed-use property located?
The property is located at 6729 ELMWOOD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,684‑square‑foot mixed‑use building on a 0.0261‑acre lot; Ground‑floor storefront suitable for retail or office use; Upper‑level apartment with separate entrance, two bedrooms, kitchen, and full bathroom
