Well-positioned just off the growing 52nd Street Corridor and minutes from University City, this 5-unit property offers strong in-place income and excellent long-term upside in a high-demand rental market. With close proximity to UPenn, Drexel, and major hospitals, the area consistently attracts a deep tenant pool of students, healthcare workers, and professionals. The building features a versatile unit mix of one 3-bedroom and four 1-bedroom units, ideal for maximizing rental income and tenant flexibility. Rent projections (based on Philadelphia Housing Voucher Program rates) support a projected cap rate exceeding 14%! One unit is currently leased for immediate cash flow, while the remaining units offer value-add potential. The first-floor unit has been renovated with a modern kitchen, updated bath, new flooring, and fresh paint. Additional units feature spacious layouts, large windows, and strong natural light. Located just blocks from the Market-Frankford Line, with easy access to Center City, University City, and neighborhood amenities along Baltimore Avenue and Malcolm X Park, this location continues to benefit from ongoing development and steady rental demand. Situated within a Qualified Opportunity Zone, the potential future advantages are multifaceted. Ideal for investors seeking yield or house hackers looking to live in one unit while stabilizing the rest. Schedule your tour today and capitalize on this high-demand West Philadelphia location.
For sale
Price cut: $21K (5/6)
$468,000
5134 Spruce St, Philadelphia, PA 19139
6beds
4baths
3,159sqft
Townhouse
Built in 1925
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Spacious layoutsFresh paintStrong natural lightLarge windowsNew flooringModern kitchenUpdated bath
- 86 days |
- 180 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Peter van der Vlugt 484-431-8821,
Compass RE 2674358015
Source: Bright MLS,MLS#: PAPH2602952
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Basement
- Area: 1175
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Space For Rooms,Heated,Finished
- Has fireplace: No
Interior area
- Total structure area: 3,159
- Total interior livable area: 3,159 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,775 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 602110900
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick, Stone
- Foundation: Stone
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $416,500
- Annual tax amount: $5,830
- Date on market: 4/7/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,929/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $468,000-4.3%$148/sqft |
Source:  Bright MLS #PAPH2602952 Report a problem | ||
| 4/7/2026 | Listed for sale | $489,000-5%$155/sqft |
Source: Bright MLS #PAPH2602952 Report a problem | ||
| 12/31/2025 | Listing removed | $515,000$163/sqft |
Source: Bright MLS #PAPH2470122 Report a problem | ||
| 10/16/2025 | Price change | $515,000-9.5%$163/sqft |
Source: Bright MLS #PAPH2470122 Report a problem | ||
| 7/28/2025 | Price change | $569,000-5%$180/sqft |
Source: Bright MLS #PAPH2470122 Report a problem | ||
| 5/22/2025 | Listed for sale | $599,000+4.2%$190/sqft |
Source: Bright MLS #PAPH2470122 Report a problem | ||
| 12/7/2022 | Listing removed | $575,000$182/sqft |
Source: Bright MLS #PAPH2158316 Report a problem | ||
| 10/12/2022 | Price change | $575,000-4%$182/sqft |
Source: Bright MLS #PAPH2158316 Report a problem | ||
| 9/22/2022 | Listed for sale | $599,000+99.7%$190/sqft |
Source: Bright MLS #PAPH2158316 Report a problem | ||
| 9/13/2019 | Sold | $300,000+273.5%$95/sqft |
Source: Public Record Report a problem | ||
| 4/4/2011 | Sold | $80,325-19.5%$25/sqft |
Source: Public Record Report a problem | ||
| 7/27/2010 | Sold | $99,800+283.8%$32/sqft |
Source: Public Record Report a problem | ||
| 8/26/1997 | Sold | $26,000+116.7%$8/sqft |
Source: Public Record Report a problem | ||
| 5/30/1997 | Sold | $12,000-33.3%$4/sqft |
Source: Public Record Report a problem | ||
| 6/9/1995 | Sold | $18,000+119.5%$6/sqft |
Source: Public Record Report a problem | ||
| 1/24/1995 | Sold | $8,200$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,830 +56.3% | $416,500 +56.3% |
| 2024 | $3,730 | $266,500 |
| 2023 | $3,730 +2.8% | $266,500 |
| 2022 | $3,630 | -- |
| 2021 | $3,630 +3.9% | -- |
| 2018 | $3,494 | -- |
| 2017 | $3,494 -77.6% | -- |
| 2016 | $15,604 +598% | -- |
| 2015 | $2,235 | -- |
| 2014 | $2,235 | $159,700 +955.1% |
| 2012 | -- | $15,136 |
| 2011 | -- | $15,136 |
| 2010 | -- | $15,136 |
| 2009 | -- | $15,136 |
| 2008 | -- | $15,136 |
| 2007 | -- | $15,136 +7.5% |
| 2006 | -- | $14,080 |
| 2005 | -- | $14,080 |
| 2004 | -- | $14,080 +10% |
| 2003 | -- | $12,800 |
| 2002 | -- | $12,800 |
| 2000 | -- | $12,800 |
| 1999 | -- | $12,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: Garden Court
Nearby schools
GreatSchools rating
- 5/10Lea Henry C SchoolGrades: PK-8Distance: 0.5 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 0.7 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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