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Duplex with Updated Kitchen Cabinetry
For Sale
$375,000

6921 SYLVESTER Street, Philadelphia, PA 19149

Multi-Family, PHILADELPHIA, PA

Property Size1,716 SF
Lot Size0.04 Acres
Price / SF$218.53
Days on Market83

Property Features for 6921 SYLVESTER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,716 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4535

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1950
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX 2000 · RE/MAX International
Listed By: Simone Silva · License #RS358091
Added: Jul 20 Changed: Oct 5 Last Checked: Oct 10 at 9:06AM
MLS# PAPH2646732

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 1,716-square-foot duplex was built in 1950 and has masonry construction. Updated kitchen cabinetry and a basement are among its features. The property occupies a 0.0374-acre lot, and both units are rented.

Heating is by forced air, cooling is provided by window units, and parking is on street.

Key Highlights

  • Both units are rented
  • 1,716 square feet of building area
  • 0.0374‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,436
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,720 $488.7K
Cap Rate 7%
$349,086 $349.1K
Cap Rate 9%
$271,511 $271.5K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$36.0K $21.00/SF
− Vacancy
−$1.1K −$0.66/SF
EGI
$34.9K $20.34/SF
− OpEx
−$10.5K −$6.10/SF
NOI
$24.4K $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 Rate 5%
$488,720
Cap Rate 7%
$349,086
Cap Rate 9%
$271,511

Alternative Uses

Best Use
Apartment 5plus
$3.29M
$2.87M – $3.83M (±1% cap)
NOI $229,989 @ 7.0% cap · market cap 61.33%
Second Best
Multifamily LT 5
$349.1K
$305.5K – $407.3K (±1% cap)
NOI $24,436 @ 7.0% cap · market cap 6.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,723
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both apartments are rented, with rental income in place.
Where is this duplex located?
The property is located at 6921 SYLVESTER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Both units are rented; 1,716 square feet of building area; 0.0374‑acre lot
More about this property
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