A great investment opportunity at 5501 N 7th St, Philadelphia PA, 19120. Located in the desirable Olney neighborhood, this corner property has 4 bedrooms and 3 baths and sits in a 1,472 sq ft. It's a legal duplex and being set up as Unit 1: 1 Bedroom / 1 Bathroom, Unit 2: 2 Bedrooms/ 1 Bathroom, and Basement: Studio.This multi-family house is perfect for investors ready to expand their investment portfolio or a quick Flip! Book a showing now!
Sold for $205,000
$205,000
5501 N 7th St, Philadelphia, PA 19120
3beds
--baths
1,472sqft
Duplex
Built in 1940
-- sqft lot
$-- Zestimate®
$139/sqft
$1,396 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,396/mo
Zestimate® history
Owner options
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$1,396/mo
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$1,396/mo
Rent Zestimate®
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$1,329/mo
Est. payment
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$1,329/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Derek Greene 860-560-1006,
The Greene Realty Group
Bought with:
Leonid Rhoge, RS281608
Realty One Group Supreme
Source: Bright MLS,MLS#: PAPH2377834
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Other, Electric
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,472
- Total interior livable area: 1,472 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Doors - Lever Handle(s)
Features
- Pool features: None
Lot
- Size: 1,305 sqft
- Dimensions: 14.00 x 93.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 612242900
- Zoning: RSA3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Masonry, Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Olney
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $205,000+3%$139/sqft |
Source:  Bright MLS #PAPH2377834 Report a problem | ||
| 8/14/2024 | Pending sale | $199,000$135/sqft |
Source: Bright MLS #PAPH2377834 Report a problem | ||
| 8/5/2024 | Price change | $199,000-5.2%$135/sqft |
Source: Bright MLS #PAPH2377834 Report a problem | ||
| 7/18/2024 | Listed for sale | $210,000-19.2%$143/sqft |
Source: Bright MLS #PAPH2377834 Report a problem | ||
| 6/8/2022 | Listing removed | $260,000$177/sqft |
Source: Bright MLS #PAPH2090588 Report a problem | ||
| 3/11/2022 | Listed for sale | $260,000$177/sqft |
Source: Bright MLS #PAPH2090588 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,410 -2.8% | $172,200 -2.8% |
| 2024 | $2,480 | $177,200 |
| 2023 | $2,480 +45.2% | $177,200 |
| 2022 | $1,708 | -- |
| 2021 | $1,708 +7.6% | -- |
| 2018 | $1,587 | -- |
| 2017 | $1,587 +2.3% | -- |
| 2016 | $1,552 | -- |
| 2015 | $1,552 | -- |
| 2014 | $1,552 +4.5% | $110,900 +760% |
| 2012 | $1,486 | $12,896 |
| 2011 | -- | $12,896 |
| 2010 | -- | $12,896 |
| 2009 | -- | $12,896 |
| 2008 | -- | $12,896 |
| 2007 | -- | $12,896 +7.5% |
| 2006 | -- | $12,000 |
| 2005 | -- | $12,000 +10.3% |
| 2004 | -- | $10,880 -5.6% |
| 2003 | -- | $11,520 |
| 2002 | -- | $11,520 |
| 2000 | -- | $11,520 |
| 1999 | -- | $11,520 |
Find assessor info on the county website
Neighborhood: Olney
Nearby schools
GreatSchools rating
- 6/10Lowell James R SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Washington Grover Jr SchoolGrades: 5-8Distance: 0.9 mi
- 2/10Fels Samuel High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Lowell James
- Middle: Washington Grover
- High: Fels Samuel
- 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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