1229 S 6th St
Description
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...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.
Listing Agent
![Amira Coleman]()
amiracoleman@compass.comP: (267)-334-0686
Property Details for 1229 South 6th Street
Property Details for 1229 South 6th Street
| Status | Active |
|---|---|
| MLS # | PAPH2589954 |
| Days on Market | 62 |
| Taxes | $6,996 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1915 |
| Lot Size | 0.03 AC / 1,280 SF |
| County | Philadelphia County |
| Buyer's Agent Compensation | 2% |
Location
Building Information for 1229 South 6th Street
Payment Calculator
$4,258 per month
30 year fixed, 6.46% Interest
$3,675
$583
$0
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1Property Information for 1229 South 6th Street
- School District Name: PHILADELPHIA CITY
- School District County ID: 803408593408
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19147 (19147)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2025
- Tax Assessed Value: $499,800
- Year Assessed: 2025
- County Tax: $0
- City Town Tax: $3,078
- Land Assessed Value: $99,960
- Clean Green Assessed: No
- Land Use Code: Y50
- Zoning: CMX1
- Tax Lot: 342
- School Tax: $3,917
- Automatically Update Tax Values Y/N: No
- Rent Control: No
- Single Room Units Count: 0
- One Bedroom Units Count: 3
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 1,Unit 1
- Units Leased Count: 3
- Number Of Units Vacant: 0
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Annual Rental Income: $61,800
- Cap Rate: 6.70
- Existing Lease Type: Month to Month
- Building Units Total: 4
- Total Finished SQFT: 2,864.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 2,864.00
- Total SQFT Source: Estimated
- Construction Materials: Masonry
- Foundation Details: Other
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Estimated
- Lot Size Dimensions: 16.00 x 80.00
- Lot Dimensions Source: Estimated
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Septic
- List Agent AOR: Greater Philadelphia Association of REALTORS
Property History for 1229 South 6th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 21, 2026 | Price Change BRIGHT #PAPH2589954 | $729,900 | — |
| Mar 4, 2026 | Listed (Active) BRIGHT #PAPH2589954 | $745,000 | — |
| Jan 23, 2026 | Expired BRIGHT #PAPH2553930 | $745,000 | — |
| Jan 8, 2026 | Expired BRIGHT #PAPH2521132 | $729,000 | — |
| Dec 29, 2025 | Withdrawn BRIGHT #PAPH2553930 | $745,000 | — |
| Oct 29, 2025 | Listed (Active) BRIGHT #PAPH2553930 | $745,000 | — |
| Sep 9, 2025 | Withdrawn BRIGHT #PAPH2521132 | — | |
| Aug 16, 2025 | Price Change BRIGHT #PAPH2521132 | $729,000 | — |
| Jul 27, 2025 | Listed (Active) BRIGHT #PAPH2521132 | $750,000 | — |
| Jun 3, 2025 | Expired BRIGHT #PAPH2432290 | $750,000 | — |
| Apr 19, 2025 | Price Change BRIGHT #PAPH2432290 | $750,000 | — |
| Feb 2, 2025 | Listed (Active) BRIGHT #PAPH2432290 | $725,000 | — |
| Jan 3, 2025 | Listed (Active) BRIGHT #PAPH2432290 | $725,000 | — |
| Apr 10, 2023 | Expired BRIGHT #PAPH2105064 | — | |
| Feb 21, 2023 | Temp Off Market BRIGHT #PAPH2105064 | — | |
| Jan 8, 2023 | Price Change BRIGHT #PAPH2105064 | $838,900 | — |
| Oct 13, 2022 | Price Change BRIGHT #PAPH2105064 | $839,000 | — |
| Oct 13, 2022 | Listed (Active) BRIGHT #PAPH2105064 | — | |
| Oct 10, 2022 | Expired BRIGHT #PAPH2105064 | — | |
| Oct 9, 2022 | Expired BRIGHT #PAPH2103152 | — | |
| Oct 6, 2022 | Price Change BRIGHT #PAPH2105064 | $839,900 | — |
| Sep 9, 2022 | Price Change BRIGHT #PAPH2105064 | $844,900 | — |
| Jul 8, 2022 | Price Change BRIGHT #PAPH2105064 | $848,900 | — |
| Jun 3, 2022 | Listed (Active) BRIGHT #PAPH2105064 | — | |
| May 17, 2022 | Withdrawn BRIGHT #PAPH2105064 | — | |
| May 3, 2022 | Listed (Active) BRIGHT #PAPH2105064 | — | |
| May 3, 2022 | Temp Off Market BRIGHT #PAPH2105064 | — | |
| Apr 14, 2022 | Withdrawn BRIGHT #PAPH2103152 | — | |
| Apr 14, 2022 | Price Change BRIGHT #PAPH2103152 | $849,900 | — |
| Apr 14, 2022 | Listed (Active) BRIGHT #PAPH2105064 | $849,999 | — |
| Feb 16, 2021 | Withdrawn BRIGHT #PAPH950280 | — | |
| Jan 27, 2021 | Temp Off Market BRIGHT #PAPH950280 | — | |
| Jan 8, 2021 | Price Change BRIGHT #PAPH950280 | $809,900 | — |
| Oct 28, 2020 | Listed (Active) BRIGHT #PAPH950280 | $815,000 | — |
| May 16, 2019 | Closed (Public Record) Public Record #647257336 | $705,000 | +56.7% / yr |
| May 16, 2019 | Closed BRIGHT #PAPH717868 | $705,000 | — |
| Feb 23, 2019 | Pending BRIGHT #PAPH717868 | — | |
| Feb 15, 2019 | Listed (Active) BRIGHT #PAPH717868 | $699,000 | — |
| Apr 25, 2017 | Closed (Public Record) Public Record #593662210 | $280,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/21/2026 | Price Change BRIGHT #PAPH2589954 | $729,900 |
| 03/04/2026 | Listed (Active) BRIGHT #PAPH2589954 | $745,000 |
| 01/23/2026 | Expired BRIGHT #PAPH2553930 | $745,000 |
| 01/08/2026 | Expired BRIGHT #PAPH2521132 | $729,000 |
| 12/29/2025 | Withdrawn BRIGHT #PAPH2553930 | $745,000 |
| 10/29/2025 | Listed (Active) BRIGHT #PAPH2553930 | $745,000 |
| 09/09/2025 | Withdrawn BRIGHT #PAPH2521132 | — |
| 08/16/2025 | Price Change BRIGHT #PAPH2521132 | $729,000 |
| 07/27/2025 | Listed (Active) BRIGHT #PAPH2521132 | $750,000 |
| 06/03/2025 | Expired BRIGHT #PAPH2432290 | $750,000 |
| 04/19/2025 | Price Change BRIGHT #PAPH2432290 | $750,000 |
| 02/02/2025 | Listed (Active) BRIGHT #PAPH2432290 | $725,000 |
| 01/03/2025 | Listed (Active) BRIGHT #PAPH2432290 | $725,000 |
| 04/10/2023 | Expired BRIGHT #PAPH2105064 | — |
| 02/21/2023 | Temp Off Market BRIGHT #PAPH2105064 | — |
| 01/08/2023 | Price Change BRIGHT #PAPH2105064 | $838,900 |
| 10/13/2022 | Price Change BRIGHT #PAPH2105064 | $839,000 |
| 10/13/2022 | Listed (Active) BRIGHT #PAPH2105064 | — |
| 10/10/2022 | Expired BRIGHT #PAPH2105064 | — |
| 10/09/2022 | Expired BRIGHT #PAPH2103152 | — |
| 10/06/2022 | Price Change BRIGHT #PAPH2105064 | $839,900 |
| 09/09/2022 | Price Change BRIGHT #PAPH2105064 | $844,900 |
| 07/08/2022 | Price Change BRIGHT #PAPH2105064 | $848,900 |
| 06/03/2022 | Listed (Active) BRIGHT #PAPH2105064 | — |
| 05/17/2022 | Withdrawn BRIGHT #PAPH2105064 | — |
| 05/03/2022 | Listed (Active) BRIGHT #PAPH2105064 | — |
| 05/03/2022 | Temp Off Market BRIGHT #PAPH2105064 | — |
| 04/14/2022 | Withdrawn BRIGHT #PAPH2103152 | — |
| 04/14/2022 | Price Change BRIGHT #PAPH2103152 | $849,900 |
| 04/14/2022 | Listed (Active) BRIGHT #PAPH2105064 | $849,999 |
| 02/16/2021 | Withdrawn BRIGHT #PAPH950280 | — |
| 01/27/2021 | Temp Off Market BRIGHT #PAPH950280 | — |
| 01/08/2021 | Price Change BRIGHT #PAPH950280 | $809,900 |
| 10/28/2020 | Listed (Active) BRIGHT #PAPH950280 | $815,000 |
| 05/16/2019 | Closed (Public Record) Public Record #647257336 | $705,000 +56.7% / yr |
| 05/16/2019 | Closed BRIGHT #PAPH717868 | $705,000 |
| 02/23/2019 | Pending BRIGHT #PAPH717868 | — |
| 02/15/2019 | Listed (Active) BRIGHT #PAPH717868 | $699,000 |
| 04/25/2017 | Closed (Public Record) Public Record #593662210 | $280,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1229 South 6th Street
Schools near 1229 South 6th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Vare-Washington Elementary School PublicPK to 8 | ||
Furness Horace High School Public9 to 12 | ||
Academy At Palumbo Public9 to 12 | ||
Creative And Performing Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.