5134 Spruce St, PHILADELPHIA, PA 19139

Local realty services provided by:ERA Statewide Realty
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5134 Spruce St,PHILADELPHIA, PA 19139
$569,000
  • 7 Beds
  • - Baths
  • 3,159 sq. ft.
  • Multi-family
  • Active
Listed by:michael d phillips
Office:compass pennsylvania, llc.
MLS#:PAPH2470122
Source:BRIGHTMLS

Price summary

  • Price:$569,000
  • Price per sq. ft.:$180.12

About this home

This 5-unit building offers a rare investment opportunity just steps from the rapidly developing 52nd Street Corridor. With a mix of one 3-bedroom unit and four 1-bedroom units, this property boasts significant rental income potential with an expected cap rate of over 10%. Rent projections are based on actual Philadelphia Housing Voucher Program rents. The first-floor unit has been renovated with a modern kitchen, updated bathroom, new flooring, and fresh paint throughout, making it a standout feature. The lower-level one-bedroom unit is currently leased, offering immediate cash flow, while the upper units have also been updated to include spacious layouts, large windows, and plenty of natural light. Located within the Philadelphia School District, this property is just a few blocks from the Market-Frankford Subway line, providing easy access to Center City, local shopping, and dining along Baltimore Avenue, and the vibrant community around Malcolm X Park. The seller’s favorite aspect

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Home facts

  • Year built:1925
  • Listing Id #:PAPH2470122
  • Added:90 day(s) ago
  • Updated:August 15, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:7
  • Living area:3,159 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:3,159 sq. ft.
  • Lot area:0.04 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$569,000
  • Price per sq. ft.:$180.12
  • Tax amount:$5,830 (2025)

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