Updated Duplex with Attached
For Sale
$299,900
6914 KINDRED Street, Philadelphia, PA 19149
Multi-Family, PHILADELPHIA, PA
Property Size1,350 SF
Lot Size0.04 Acres
Price / SF$222.15
Days on Market152
Property Features for 6914 KINDRED Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
1
Parking features
Garage - Attached, On Street, Driveway
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
1,350 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
1895
Utilities
Heating system
Other (Heating)
Amenities
Garage
laundry area
patio
Building Details
Year built
1950
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
American Vista Real Estate
(215) 677-2100
Listed By:
Jack Potok · License #RS108942A
(267) 303-3494
Added: Apr 7
Changed: Sep 3
Last Checked: Sep 4 at 11:06PM
MLS# PAPH2603926
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 masonry duplex, built in 1950, contains 1,350 square feet and includes a basement, attached garage, driveway, and street parking. Recent property improvements include new electrical work, newer heaters, hardwood flooring, and newer kitchens. A separate rear entrance provides access to the laundry area, which has a hookup for equipment.
Outdoor features include a concrete, fenced patio. The property occupies 0.0443 acres and is located at 6914 Kindred Street in Philadelphia, Pennsylvania. Long-term tenants are in place, adding an existing occupancy component for purchasers evaluating this two-unit residential income property.
Outdoor features include a concrete, fenced patio. The property occupies 0.0443 acres and is located at 6914 Kindred Street in Philadelphia, Pennsylvania. Long-term tenants are in place, adding an existing occupancy component for purchasers evaluating this two-unit residential income property.
Key Highlights
- Duplex with 1,350 square feet on a 0.0443‑acre lot
- New electrical, newer heaters, hardwood floors, and newer kitchens
- Attached garage, driveway, and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,224
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,480
$384.5K
Cap Rate 7%
$274,629
$274.6K
Cap Rate 9%
$213,600
$213.6K
Market Conditions
NOI Build-Up for 1,350 SF
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.
Gross rent
$28.4K $21.00/SF
− Vacancy
−$887 −$0.66/SF
EGI
$27.5K $20.34/SF
− OpEx
−$8.2K −$6.10/SF
NOI
$19.2K $14.24/SF
Area
ZIP 19149
Vacancy
3.13%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,480
Cap Rate 7%
$274,629
Cap Rate 9%
$213,600
Alternative Uses
Best Use
Apartment 5plus
$2.58M
$2.26M – $3.02M
NOI $180,935 @ 7.0% cap · market cap 60.33%
Second Best
Multifamily LT 5
$274.6K
$240.3K – $320.4K
NOI $19,224 @ 7.0% cap · market cap 6.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,647
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Masonry duplex featuring updated electrical, newer heaters, and newer kitchens.
Where is this duplex located?
The property is located at 6914 KINDRED Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex with 1,350 square feet on a 0.0443‑acre lot; New electrical, newer heaters, hardwood floors, and newer kitchens; Attached garage, driveway, and on‑street parking
