5578 Ludlow St, Philadelphia, PA 19139

Philadelphia
Local realty services provided by:ERA Liberty Realty
5578 Ludlow St,Philadelphia, PA 19139
$299,900
  • 4 Beds
  • - Baths
  • 1,204 sq. ft.
  • Multi-family
  • Active
Listed by: eli qarkaxhia, james v roth
Office: compass pennsylvania, llc.
MLS#:PAPH2667542
Source:BRIGHTMLS

Price summary

  • Price:$299,900
  • Price per sq. ft.:$249.09

About this home

INVESTOR OPPORTUNITY Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income. Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease. Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month. Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors. Schedule your showing today!

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Home facts

  • Year built:1925
  • Subdivision & Development:WEST PHILADELPHIA
  • Listing ID #:PAPH2667542
  • Added:1 day(s) ago
  • Updated:September 28, 2026 at 10:48 PM

Rooms and interior

  • Bedrooms:4
  • Rooms Total:8
  • Flooring:Wood
  • Kitchen Description:Built-In Microwave, Combination Kitchen/Living, Oven/Range - Gas, Recessed Lighting, Refrigerator, Stainless Steel Appliances
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,204 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Flat
  • Year built:1925
  • Building area:1,204 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Price per sq. ft.:$249.09
  • Tax amount:$4,459 (2026)

Features and amenities

  • Amenities:Recessed Lighting

Parking

  • Parking description:On Street

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