Three-Residence Income
For Sale
$875,000
768 S 6th Street, Philadelphia, PA 19147
Three residences on one deed with a front home and two separate trinities, plus private outdoor space and storage.
Property Size3,360 SF
Price / SF$260.42
Days on Market167
Property Features for 768 S 6th Street
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Multi-family
Lease Term
[]
Site & Location
Neighborhood
Bella Vista
Additional Details
Multifamily Units
3
Building Details
Year Built
1915
Listing Agency:
BHHS Fox & Roach-Center City Walnut
Listed By:
Patrick M Conway · License #RS217990L
(215) 266-1537
Source:
Deepcreeklake
Added: May 17
Changed: Oct 28
Last Checked: Oct 28 at 8:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Center City Walnut
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Investment Insights
Based on property information with market context.
This property at 768 S 6th Street is a one-deed three-residence configuration with a front home and two separate trinities. Unit 1 is an extra-wide three-bedroom home with a den and one bathroom, with multiple front windows providing natural light. The layout includes two entrances and two kitchens, creating flexible possibilities. Units 2 and 3 are housed as individual three-story trinities off a private side breezeway, each with hardwood floors. Unit 2 offers one bedroom plus a den and one bath. Unit 3 includes two bedrooms, one bath, and straight stairs, along with side windows for additional light and a rear deck potential. The property also includes a private outdoor area and a separate storage room.
Located on the Queen Village / Bella Vista border in Philadelphia, the home is surrounded by neighborhood dining and shopping. The property is being sold in as-is condition and will require updating.
Offered as an income property or as a redevelopment option for an end-user, this is a distinctive setup designed to support multiple living arrangements on one lot.
Located on the Queen Village / Bella Vista border in Philadelphia, the home is surrounded by neighborhood dining and shopping. The property is being sold in as-is condition and will require updating.
Offered as an income property or as a redevelopment option for an end-user, this is a distinctive setup designed to support multiple living arrangements on one lot.
Key Highlights
- One‑of‑a‑kind 3‑residence property on one deed: front home plus two separate trinities (Units 1–3).
- Front Home (Unit 1): extra‑wide 3‑bedroom plus den, 1 bath, with two entrances and two kitchens.
- Unit 2 (trinity): classic three‑story layout with 1 bedroom plus den, 1 bath, and hardwood floors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,338
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,760
$1.1M
Cap Rate 7%
$819,114
$819.1K
Cap Rate 9%
$637,089
$637.1K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$86.7K $25.80/SF
− Vacancy
−$4.8K −$1.42/SF
EGI
$81.9K $24.38/SF
− OpEx
−$24.6K −$7.31/SF
NOI
$57.3K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,760
Cap Rate 7%
$819,114
Cap Rate 9%
$637,089
Alternative Uses
Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K
NOI $57,338 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$755.0K
$660.6K – $880.9K
NOI $52,851 @ 7.0% cap · market cap 6.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
6,030
Businesses Nearby
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Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences on one deed with a front home and two separate trinities, plus private outdoor space and storage.
Where is this triplex located?
The property is located at 768 S 6th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: One‑of‑a‑kind 3‑residence property on one deed: front home plus two separate trinities (Units 1–3).; Front Home (Unit 1): extra‑wide 3‑bedroom plus den, 1 bath, with two entrances and two kitchens.; Unit 2 (trinity): classic three‑story layout with 1 bedroom plus den, 1 bath, and hardwood floors.
