Duplex with Updated
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 Market103
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
(215) 698-2000
Listed By:
Simone Silva · License #RS358091
(215) 768-0392
Added: Jul 20
Changed: Oct 22
Last Checked: Oct 30 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
Built in 1950, this 1,716-square-foot duplex contains two rented residences and has updated kitchen cabinetry. The masonry building includes a basement, forced-air heating, and window-unit cooling. The lot measures 0.0374 acres, and parking is on street.
The property is located in Philadelphia, Pennsylvania. Both units are currently rented, providing existing rental income.
The property is located in Philadelphia, Pennsylvania. Both units are currently rented, providing existing rental income.
Key Highlights
- Two‑unit duplex with both residences rented
- 1,716 square feet on a 0.0374‑acre lot
- Masonry construction; built in 1950
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
NOI $229,989 @ 7.0% cap · market cap 61.33%
Second Best
Multifamily LT 5
$349.1K
$305.5K – $407.3K
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,723
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are tenant-occupied, with updated kitchen cabinetry and a basement.
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: Two‑unit duplex with both residences rented; 1,716 square feet on a 0.0374‑acre lot; Masonry construction; built in 1950
