Magnificent Turn-Key Three-Family Investment Property Exceptional opportunity to own a fully renovated three-family dwelling in one of Philadelphia’s most desirable and rapidly growing areas. This impressive property has been updated throughout and features new heating systems, central air conditioning, custom-designed kitchens, beautiful tile bathrooms, sprinkler system, custom staircases, new flooring, new windows, and a new roof. Each unit offers modern finishes and quality craftsmanship, making this a true turn-key investment. The property’s thoughtful renovations provide both comfort and style for tenants while minimizing future maintenance expenses. Separate, utilities, Gas and Electric. Ideally located within walking distance of the vibrant neighborhoods of Fishtown and East Kensington, Northern liberties, residents will enjoy convenient access to numerous restaurants, supermarkets, shopping, and entertainment options. Commuters will appreciate the easy access to Interstate 95, the Benjamin Franklin Bridge, and Interstate 76, making travel throughout the region simple and convenient. This is an outstanding opportunity for investors seeking a high-quality, income-producing property in a prime location with strong rental demand. A truly remarkable investment opportunity!
For sale
$549,900
2655 Emerald St, Philadelphia, PA 19125
3beds
--baths
1,020sqft
Townhouse
Built in 1875
-- sqft lot
$-- Zestimate®
$539/sqft
$-- HOA
What's special
- 33 days |
- 74 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Mario Tropea Jr 215-783-3698,
KW Empower 215-627-3500
Source: Bright MLS,MLS#: PAPH2628750
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,020
- Total interior livable area: 1,020 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 921 Square Feet
- Dimensions: 15.00 x 64.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 311087000
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: East Kensington
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $539/sqft
- Tax assessed value: $182,800
- Annual tax amount: $2,558
- Date on market: 6/4/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,938/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $549,900+144.4%$539/sqft |
Source: | ||
| 7/28/2025 | Sold | $225,000+144.6%$221/sqft |
Source: Public Record Report a problem | ||
| 9/4/2018 | Sold | $92,000+4500%$90/sqft |
Source: Public Record Report a problem | ||
| 6/19/2009 | Sold | $2,000$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,559 +31.6% | $182,800 +31.6% |
| 2024 | $1,944 | $138,900 |
| 2023 | $1,944 +51% | $138,900 |
| 2022 | $1,288 | -- |
| 2021 | $1,288 +7.7% | -- |
| 2018 | $1,195 | -- |
| 2017 | $1,195 +11.1% | -- |
| 2016 | $1,076 | -- |
| 2015 | $1,076 | -- |
| 2014 | $1,076 +4.5% | $76,900 +1313.6% |
| 2012 | $1,030 | $5,440 |
| 2011 | -- | $5,440 |
| 2010 | -- | $5,440 |
| 2009 | -- | $5,440 |
| 2008 | -- | $5,440 |
| 2007 | -- | $5,440 +7.6% |
| 2006 | -- | $5,056 |
| 2005 | -- | $5,056 |
| 2004 | -- | $5,056 |
| 2003 | -- | $5,056 +3.3% |
| 2002 | -- | $4,896 +15% |
| 2000 | -- | $4,256 +10.8% |
| 1999 | -- | $3,840 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Kensington
Nearby schools
GreatSchools rating
- 4/10Brown Henry A SchoolGrades: PK-8Distance: 0.2 mi
- 2/10Kensington High SchoolGrades: 9-12Distance: 0.2 mi
- 3/10Kensington Creative & Performing Arts High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Philadelphia City
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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