Motivated Seller - Priced to Sell 5038 Spruce Street is a 4-unit(2 - 3 bed & 2- 2 bed) brick building in the heart of University City — one of Philadelphia's strongest and most consistent rental markets. Built in 2010 and well maintained, the building totals approximately 8,000 square feet across four spacious units, each with roughly 1,500 square feet of finished living space. Every unit features central A/C, in-unit washer/dryer, updated kitchen and baths, recessed lighting, and rear outdoor space — the kind of finishes that keep quality tenants in place and vacancy low. The location is straightforward for any investor who knows Philadelphia. You're sitting at the intersection of Garden Court and Walnut Hill, two of University City's most in-demand pockets, with a 93 Walk Score. SEPTA bus and rail options connect tenants directly to Penn, Drexel, HUP, 30th Street Station, and Center City — which is exactly why this corridor stays rented. Proximity to major universities and hospital systems means a deep, reliable tenant pool that doesn't dry up.
Sold for $750,000
Zillow last checked:
Listing updated:
Bought with:
Samson Yohannes, RS337169
KW Empower
Source: Bright MLS,MLS#: PAPH2622868
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Sold | $750,000-3.2%$117/sqft |
Source:  Bright MLS #PAPH2622868 Report a problem | ||
| 8/7/2026 | Contingent | $775,000$121/sqft |
Source: Bright MLS #PAPH2622868 Report a problem | ||
| 7/24/2026 | Listed for sale | $775,000$121/sqft |
Source: Bright MLS #PAPH2622868 Report a problem | ||
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Estimated market value
$750,600
