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For sale
  • Price cut: $14.9K (6/9)
    $715,000

    1229 S 6th St, Philadelphia, PA 19147

    3beds
    3baths
    2,864sqft
    : 
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    Townhouse
    Built in 1915
    -- sqft lot
    $703,300 Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Ground-floor commercial spaceCorner property
    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.
    121 days
    |
    374
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amira Coleman 267-334-0686,

    Compass RE 2674358015

    Source: Bright MLS,MLS#: PAPH2589954MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,864
      • Total interior livable area: 2,864 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,280 Square Feet
      • Dimensions: 16.00 x 80.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 871038400
      • Zoning: CMX1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Straight Thru
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Septic
      • Water: Public

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $499,800
      • Annual tax amount: $6,996
      • Date on market: 3/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple
      • Total actual rent: 61800

        Estimated market value

        $703,300

        $668,000 - $738,000

        $2,576/mo

        Price history

        DateEventPrice
        6/9/2026Price change$715,000-2%$250/sqft
        Source: Bright MLS #PAPH2589954 Report a problem
        4/22/2026Price change$729,900-2%$255/sqft
        Source: Bright MLS #PAPH2589954 Report a problem
        3/4/2026Listed for sale$745,000$260/sqft
        Source: Bright MLS #PAPH2589954 Report a problem
        12/29/2025Listing removed$745,000$260/sqft
        Source: Bright MLS #PAPH2553930 Report a problem
        10/30/2025Listed for sale$745,000+2.2%$260/sqft
        Source: Bright MLS #PAPH2553930 Report a problem
        9/9/2025Listing removed$729,000$255/sqft
        Source: Bright MLS #PAPH2521132 Report a problem
        8/16/2025Price change$729,000-2.8%$255/sqft
        Source: Bright MLS #PAPH2521132 Report a problem
        7/27/2025Listed for sale$750,000$262/sqft
        Source: Bright MLS #PAPH2521132 Report a problem
        6/4/2025Listing removed$750,000$262/sqft
        Source: Bright MLS #PAPH2432290 Report a problem
        4/19/2025Price change$750,000+3.4%$262/sqft
        Source: Bright MLS #PAPH2432290 Report a problem
        2/2/2025Listed for sale$725,000-13.6%$253/sqft
        Source: Bright MLS #PAPH2432290 Report a problem
        2/22/2023Listing removed$838,900$293/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        1/8/2023Price change$838,9000%$293/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        10/13/2022Price change$839,000-0.1%$293/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        10/6/2022Price change$839,900-0.6%$293/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        9/9/2022Price change$844,900-0.5%$295/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        7/8/2022Price change$848,900-0.1%$296/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        6/4/2022Listed for sale$849,999$297/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        5/17/2022Listing removed$849,999$297/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        4/14/2022Listed for sale$849,999+5%$297/sqft
        Source: Bright MLS #PAPH2105064 Report a problem
        1/13/2021Listing removed--
        Source: Bright MLS Report a problem
        1/8/2021Price change$809,900-0.6%$283/sqft
        Source: RE/MAX Affiliates #PAPH950280 Report a problem
        10/29/2020Listed for sale$815,000+15.6%$285/sqft
        Source: RE/MAX Affiliates #PAPH950280 Report a problem
        9/20/2020Listing removed$1,150
        Source: Owner Report a problem
        9/15/2020Listed for rent$1,150
        Source: Owner Report a problem
        6/12/2019Sold$705,000+151.8%$246/sqft
        Source: Public Record Report a problem
        4/28/2017Sold$280,000+600%$98/sqft
        Source: Public Record Report a problem
        10/4/1996Sold$40,000$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,996 +39.8%$499,800 +39.8%
        2024$5,003 $357,400
        2023$5,003 -0.1%$357,400
        2022$5,008 --
        2021$5,008 +1%--
        2018$4,959 --
        2017$4,959 +26.5%--
        2016$3,919 -9.4%--
        2015$4,327 --
        2014$4,327 $309,100 +2872.1%
        2000-- $10,400 +1.6%
        1999-- $10,240

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Dickinson Narrows

        Getting around

        91 / 100
        Walker's Paradise
        70 / 100
        Excellent Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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