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$319,000 Just Listed
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Property Description
Investor opportunity with tremendous upside! This legal 3-unit, semi-detached multifamily property offers approximately 2,400 square feet of living space and is approximately 90% complete, presenting the perfect chance for an investor to step in, finish the project, and reap the rewards. Being sold due to a partnership dissolution, this is a rare opportunity to acquire a nearly completed income-producing asset at a significant value. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath apartments and one spacious 3-bedroom, 1-bath apartment, for a total of 7 bedrooms and 3 bathrooms. Major infrastructure improvements have already been completed, including separate utility meters and a brand-new water meter, helping streamline future management and tenant billing. With projected rental income of approximately $5,300 per month, this property offers exceptional cash flow potential and is positioned to achieve a strong cap rate once fully stabilized. Whether you're a seasoned multifamily investor, a landlord looking to expand your portfolio, or a developer seeking a project nearing the finish line, this property checks all the boxes.Take advantage of this unique opportunity to complete a high-yield multifamily asset and add a strong performer to your investment portfolio.
Full Property Details
Full Property Details for 6226 Race St
General
- Price: $319,000
- Taxes: $3,257 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2638820
- Updated: 6/18/2026
- Added to Site: 4 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: HADDINGTON
- Driving Directions: GPS
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Stories/Levels: 3
- Square Feet: 2,248
- Sq. Ft. Source: Assessor
- Living Area: 2,248 Sq. Ft.
- Finished Above Grnd: 2,248 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,200
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 110.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $141.9
- Assessment Year: 2026
- School Tax: $1,824
- City/TownTax: $1,433
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $232,700
- Tax Amount: $3,257
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2248
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 16
Listed by KW Empower, Eric Land
Get Pre-Approved Today
Schools
Schools serving 6226 Race St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Barry Community John School 5900 Race St., Philadelphia, PA 19132 | K-8 | 0.4 mi |
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6226 Race St
Date
Details
Price
Change
Source
6/18/2026
Listed
$319,000
286.67%
MLS
6/05/2025
Sold
$82,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6226 Race St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,257
—
$232,700
—
2024
$3,257
23%
$232,700
100%
2021
$2,641
—
-100%
2023
$2,641
—
$188,700
—
2020
$2,641
4%
$188,700
4%
2019
$2,543
89%
$181,700
89%
2018
$1,345
—
$96,100
—
2017
$1,345
—
$96,100
—
2016
$1,345
4%
$96,100
—
2015
$1,288
—
$96,100
—
2014
$1,288
142%
$96,100
1667%
2013
$532
—
$5,440
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6226 Race St
6226 Race Street, Philadelphia, PA 19139 (MLS# PAPH2638820) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 6226 Race Street is currently listed for $319,000 and was received on June 18, 2026. Want to learn more about 6226 Race Street? Do you have questions about finding other Townhouse real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

