6141 Chestnut St

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET AN INSTANT LOAN QUOTE AND PRE APPROVAL

🔥 West Philly RM-1 Deal | Duplex Conversion | Massive Upside 🔥

Address: 6141 Chestnut St, Philadelphia, PA 19139
Price: $130,000
ARV (SFH): ~$300,000
ARV (Duplex): ~$350,000+

Property Overview

Rare RM-1 zoned opportunity in West Philly offering a 4-bed, 1-bath layout with 1,232 sq ft. Currently configured as a single-family, but positioned for duplex or higher-density conversion, making this a high-upside investment play.

Key Features

• 4 Beds / 1 Bath
• 1,232 Sq Ft Interior
• 1,871 Sq Ft Lot
• High ceilings
• Large backyard
• Currently single-family

Value-Add Opportunity

• Zoned RM-1 (multifamily by-right potential)
• Potential to convert to duplex or up to 4 units (buyer to verify)
• Most neighboring properties already duplexed
• Strong layout for multi-unit conversion

Investment Highlights

• $170K–$220K+ spread depending on exit strategy
• Located in West Philly rental corridor
• Strong demand for student and workforce housing
• Ideal for flip, BRRRR, or multifamily conversion

Deal Potential

• Flip as SFH: ~$280K–$310K
• Convert to duplex: ~$330K–$360K+
• Long-term rental with multiple units for higher cash flow

Access

• Showing by appointment

⚡ RM-1 zoning deals with this kind of conversion upside are rare — move quickly
 

⚠️ OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.

Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.
• Instant Insurance Quote: Protect your investment with our tailored policy in minutes.

Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get an instant loan quote and pre-approval for this listing. Start exploring deals now!