1246 S 53rd St is a 3 residential unit triplex, offering an investor or owner-occupant a rare mix of immediate cash flow with a value-add opportunity. This lovely three-story brick semi-detached twin situated in a highly desirable pocket of Kingsessing, sits just minutes from UPenn, Drexel Hill, Cobbs Creek Parkway, SEPTA's Market-Frankford Line and local eateries. The building consists of two 2-bedroom/1bath units and one 1-bedroom/1bath unit, with 2 out of 3 units currently occupied on a long term lease generating annual gross income of $28,900+, leaving the vacant unit open to execute a value-add strategy, or live in one unit while collecting rental income from the others. The price, size, and condition of the property make this attractive for tenants looking for a centralized location fostering strong rental demand. This is a perfect opportunity for an investor seeking great cash flow and long-term upside in an appreciating neighborhood, or an owner-occupant wanting to significantly reduce their monthly housing expenses. Don't miss the chance to secure a multi-unit property with significant growth potential in a rapidly developing pocket of the city!
For sale
$415,000
1246 S 53rd St, Philadelphia, PA 19143
5beds
3baths
1,950sqft
Triplex
Built in 1917
-- sqft lot
$-- Zestimate®
$213/sqft
$-- HOA
What's special
Three-story brick semi-detached twin
- 4 days |
- 84 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Francis Nguyen 267-984-3361,
Real of Pennsylvania 8554500442,
Listing Team: Rlm & Co., Co-Listing Team: Rlm & Co.,Co-Listing Agent: Ricky Voong 215-300-5418,
Real of Pennsylvania
Source: Bright MLS,MLS#: PAPH2653504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Radiant, Electric, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s), Electric, Natural Gas
Appliances
- Included: Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Dishwasher, Dryer, Water Heater
Features
- Ceiling Fan(s), Combination Dining/Living, Primary Bath(s), Recessed Lighting, Other, Dry Wall, High Ceilings
- Flooring: Hardwood, Luxury Vinyl, Wood
- Basement: Combination,Other
- Has fireplace: No
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Exterior features: Street Lights, Sidewalks, Other
- Pool features: None
Lot
- Size: 1,572 Square Feet
- Dimensions: 19.00 x 81.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 511231600
- Zoning: RSA3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Masonry, Brick, Combination
- Foundation: Concrete Perimeter, Slab, Other
- Roof: Shingle,Other
Condition
- Very Good
- New construction: No
- Year built: 1917
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Kingsessing
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $321,400
- Annual tax amount: $4,498
- Date on market: 8/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Negotiable,Other
- Exclusions: All Tenant Belongings
- Ownership: Fee Simple
- Total actual rent: 28980
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,216/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $415,000+108%$213/sqft |
Source: | ||
| 12/29/2023 | Sold | $199,500$102/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,279 +11.4% | $305,700 +11.4% |
| 2024 | $3,842 | $274,500 |
| 2023 | $3,842 +51.5% | $274,500 |
| 2022 | $2,536 | -- |
| 2021 | $2,536 +14.8% | -- |
| 2018 | $2,210 +239.8% | -- |
| 2017 | $651 -69.4% | -- |
| 2016 | $2,124 +226.5% | -- |
| 2015 | $651 | -- |
| 2014 | $651 | $158,500 +1424% |
| 2012 | -- | $10,400 |
| 2011 | -- | $10,400 |
| 2010 | -- | $10,400 |
| 2009 | -- | $10,400 |
| 2008 | -- | $10,400 |
| 2007 | -- | $10,400 +7.6% |
| 2006 | -- | $9,664 |
| 2005 | -- | $9,664 +22.8% |
| 2004 | -- | $7,872 +7.4% |
| 2003 | -- | $7,328 +9% |
| 2002 | -- | $6,720 |
| 2000 | -- | $6,720 |
| 1999 | -- | $6,720 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Kingesessing
Nearby schools
GreatSchools rating
- 5/10Harrington Avery D SchoolGrades: K-8Distance: 0.5 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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