The shooting happened just after 4 p.m. on the 900 block of E. Hunting Park Avenue.
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Police say a 26-year-old man was shot multiple times in the chest.
The victim, whose identity remains unknown, was transported by police to Temple University Hospital where he was later pronounced dead.
A second victim, a 53-year-old man, was also shot one time in the left arm, officials say.
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He was also transported to Temple University Hospital, listed in stable condition.
A weapon was later recovered from the scene, officials say.
There is no word on any arrest made at this time.