1229 S 6Th Street Philadelphia, PA $ 715,000
1229 S 6Th Street
$ 715,000
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1229 S 6Th Street

Philadelphia, PA, 19147
$ 715,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 4,515

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Multi-Family Home for sale in Philadelphia, PA

for $715,000 with 3 bedrooms. This home was built in 1915 on a lot size of 0.03.

A rare opportunity to acquire a mixed-use asset in a prime location, combining immediate returns with future value creation. 6.7% cap rate with potential to exceed 8% through rent growth and value-add improvements. An exceptional mixed-use investment opportunity in the heart of Passyunk Square, offering stable in-place income with clear long-term upside. This corner property features a ground-floor commercial space positioned for a coffee concept, complemented by 3 fully leased 1-bedroom apartments above. With strong neighborhood foot traffic and proximity to East Passyunk Avenue, the asset benefits from both residential demand and commercial viability. Currently generating approximately $5,150/month, the property delivers consistent cash flow with a clear path for growth. Projected rental income of approximately $5,700$6,000/month can be achieved through strategic rent increases, value-add improvements to the residential units, and continued commercial optimization.

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Multi-Family Active

Price

$ 715,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 6,996

Style

Straight Thru

Lot Size

0.03

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2589954

Features
General
Living Area 2864
Sewer Public Septic
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning CMX1
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions gps
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19147 (19147)
Lot Size Units Square Feet
Lot Size Square Feet 1280.00
Number of Units Leased 3
Tax Annual Amount 6996.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 249.65
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 342
Total Actual Rent 61800.00
Cap Rate 6.70
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 16.00 x 80.00
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 99960.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1229
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

amiracoleman@compass.com

Email

Affordability Calculator

$5,098
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,515
Monthly Property Taxes
$583
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2026$715,000 -2.04% Price Down
4/22/2026$729,900 -2.03% Price Down
3/4/2026$745,000 Listed Price

Map


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1229 S 6Th Street, Philadelphia, PA, 19147 is a Multi-Family Home for sale at $715,000 with a lot size of 0.03. 1229 S 6Th Street has 3 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19147 which is in Philadelphia, PA