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For sale
  • Price cut: $4K (7/6)
    $275,000

    5500 Chancellor St, Philadelphia, PA 19139

    3beds
    3baths
    1,376sqft
    : 
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    Townhouse
    Built in 1925
    -- sqft lot
    $272,900 Zestimate®
    $200/sqft
    $-- HOA

    What's special

    Prime CMX2 Mixed-Use Investment / Corner Property Salon/ Spa/ or whatever you dream of as a business. Potential 3 Income Streams Welcome to 5500 Chancellor Street—a rare corner mixed-use opportunity in the heart of West Philadelphia offering multiple income streams, separate utilities, and flexible use potential. This property is configured for three distinct units, making it ideal for investors, house hackers, or small business owners looking to maximize cash flow: * Second Floor: Spacious 2-bedroom unit with private balcony, spacious living and dining areas. * First Floor: 1-bedroom unit with strong rental appeal. Currently used for spa & salon. Updated floors and newly painted with high celilings. * Lower Level/ Basement Efficiency unit with separate walkout entrance. * Outside lower level charming set up for entertainment Each space offers independent living potential, and with separate utilities already in place, operating expenses stay streamlined—an investor’s dream setup. Beautifully maintained. Zoned CMX2, this property unlocks additional value with the ability to incorporate commercial or office use on the first floor, creating a true live/work or mixed-income asset. Situated on a high-visibility corner, the property benefits from added light, accessibility, and long-term appreciation potential in a rapidly developing area.Whether you’re looking to build your portfolio, offset your mortgage with rental income, or create a hybrid residential/commercial space, 5500 Chancellor delivers flexibility, function, and upside. Don’t miss this opportunity to secure a versatile, income-producing asset in one of Philadelphia’s most dynamic markets.
    58 days
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    203
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Roz Gilbert 610-636-5723,

    Realty One Group Restore - BlueBell 2158285330

    Source: Bright MLS,MLS#: PAPH2621638MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Forced Air, Electric
      Cooling
      • Wall Unit(s), Natural Gas
      Appliances
      • Included: Water Heater
      Features
      • Flooring: Laminate
      • Doors: ENERGY STAR Qualified Doors
      • Basement: Exterior Entry,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,376
      • Total interior livable area: 1,376 sqft

      Property

      Parking
      • Parking features: Public, On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: 2+ Access Exits, Accessible Entrance
      Features
      • Exterior features: Barbecue, Flood Lights, Sidewalks, Other
      • Pool features: None
      • Has spa: Yes
      • Spa features: Indoor, Heated
      • Has view: Yes
      • View description: City
      Lot
      • Size: 1,072 Square Feet
      • Features: Corner Lot, Urban
      Details
      • Additional structures: Above Grade
      • Parcel number: 604047200
      • Zoning: CMX2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Concrete Perimeter
      Condition
      • Excellent
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2016

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Natural Gas Available, Phone, Cable

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $200/sqft
      • Tax assessed value: $156,800
      • Annual tax amount: $2,194
      • Date on market: 5/13/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: Curtains, Refrigerator, Washer And Dryer, Sauna,
      • Exclusions: All Personal Property Of Seller
      • Ownership: Fee Simple

        Estimated market value

        $272,900

        $259,000 - $287,000

        $1,486/mo

        Price history

        DateEventPrice
        7/6/2026Price change$275,000-1.4%$200/sqft
        Source: Bright MLS #PAPH2621638 Report a problem
        6/10/2026Price change$279,000-3.5%$203/sqft
        Source: Bright MLS #PAPH2621638 Report a problem
        5/14/2026Listed for sale$289,000+2527.3%$210/sqft
        Source: Bright MLS #PAPH2621638 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        9/17/2015Sold$11,000-55.8%$8/sqft
        Source: Public Record Report a problem
        7/7/2015Listed for sale$24,900$18/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,195 +80.6%$156,800 +80.6%
        2024$1,215 $86,800
        2023$1,215 +21.6%$86,800
        2022$999 --
        2021$999 +3.8%--
        2018$963 --
        2017$963 -78.3%--
        2016$4,436 +996.6%--
        2015$405 --
        2014$405 -33.5%$45,400 +254.7%
        2012$608 $12,800
        2011-- $12,800
        2010-- $12,800
        2009-- $12,800
        2008-- $12,800
        2007-- $12,800
        2006-- $12,800
        2005-- $12,800

        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.
        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: Cobbs Creek

        Getting around

        84 / 100
        Very Walkable
        73 / 100
        Excellent Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: William Sayer
        • 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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