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Under contract
  • Price cut: $19K (5/5)
    $215,900

    5538 Master St, Philadelphia, PA 19131

    3beds
    --baths
    1,622sqft
    : 
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    Townhouse
    Built in 1925
    -- sqft lot
    $207,400 Zestimate®
    $133/sqft
    $-- HOA

    What's special

    Updated finishesThoughtful layout throughout
    Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities. This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level with potential for market rent between $1,250-$1,350 and a 1-bedroom, 1-bath unit on the first floor with potential market rent between $1,000-$1,100. This makes it an excellent opportunity for a house hacker, owner-occupant, or savvy investor. Both units have recently been refreshed and both vacant, ready to move in. Both units offers flexibility for owner occupancy or additional cash flow. Fully renovated down to the studs in 2021 this duplex was redone with modern mechanicals/systems, updated finishes, and a thoughtful layout throughout. This turn-key duplex combines comfort, convenience, and income potential in a prime location. Whether you're a seasoned investor looking to add to your portfolio or a first time home buyer looking to enter the market, this is a fantastic opportunity to own a renovated multi-family property in a thriving area of the city. All offers are welcome!
    80 days
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    54
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Devin Glover 908-370-3635,

    HomeSmart Realty Advisors 2156041191

    Source: Bright MLS,MLS#: PAPH2605406MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      Basement
      • Area: 540
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Stainless Steel Appliance(s), Cooktop, Refrigerator, Range Hood, Oven/Range - Electric, Self Cleaning Oven, Gas Water Heater
      Features
      • 2nd Kitchen, Bathroom - Tub Shower
      • Flooring: Hardwood
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,162
      • Total interior livable area: 1,622 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Doors
      Features
      • Pool features: None
      Lot
      • Size: 1,215 Square Feet
      • Dimensions: 15.00 x 81.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 041227300
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Straight Thru
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Permanent
      • Roof: Rubber
      Condition
      • Very Good
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2021

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $133/sqft
      • Tax assessed value: $274,700
      • Annual tax amount: $3,845
      • Date on market: 4/8/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional,FHA
      • Inclusions: All Appliances
      • Ownership: Fee Simple
      • Total actual rent: 0

        Estimated market value

        $207,400

        $197,000 - $218,000

        $1,588/mo

        Price history

        DateEventPrice
        5/19/2026Contingent$215,900$133/sqft
        Source: Bright MLS #PAPH2605406 Report a problem
        5/5/2026Price change$215,900-8.1%$133/sqft
        Source: Bright MLS #PAPH2605406 Report a problem
        4/22/2026Price change$234,900-6%$145/sqft
        Source: Bright MLS #PAPH2605406 Report a problem
        4/8/2026Listed for sale$249,900+4.1%$154/sqft
        Source: Bright MLS #PAPH2605406 Report a problem
        3/31/2026Listing removed$240,000$148/sqft
        Source: Bright MLS #PAPH2569384 Report a problem
        3/30/2026Price change$240,000-3.2%$148/sqft
        Source: Bright MLS #PAPH2569384 Report a problem
        2/19/2026Price change$247,900-2%$153/sqft
        Source: Bright MLS #PAPH2569384 Report a problem
        1/28/2026Price change$252,900-2.3%$156/sqft
        Source: Bright MLS #PAPH2569384 Report a problem
        1/9/2026Listed for sale$258,900+16.3%$160/sqft
        Source: Bright MLS #PAPH2569384 Report a problem
        2/26/2021Sold$222,600+6.1%$137/sqft
        Source: Public Record Report a problem
        12/15/2020Contingent$209,900$129/sqft
        Source: Bright MLS #PAPH954026 Report a problem
        11/16/2020Pending sale$209,900$129/sqft
        Source: Keller Williams Philadelphia #PAPH954026 Report a problem
        11/11/2020Listed for sale$209,900-4.5%$129/sqft
        Source: Keller Williams Philadelphia #PAPH954026 Report a problem
        6/22/2020Listing removed$219,900$136/sqft
        Source: Keller Williams Philadelphia #PAPH899358 Report a problem
        5/29/2020Listed for sale$219,900+358.1%$136/sqft
        Source: Keller Williams Philadelphia #PAPH899358 Report a problem
        1/8/2020Sold$48,000+585.7%$30/sqft
        Source: Public Record Report a problem
        3/20/2007Sold$7,000$4/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,845 +277.3%$274,700 +277.3%
        2024$1,019 $72,800
        2023$1,019 $72,800
        2022$1,019 --
        2021$1,019 +3.9%--
        2018$981 --
        2017$981 +18.8%--
        2016$826 --
        2015$826 --
        2014$826 -13.9%$71,600 +693.4%
        2012$959 $9,024
        2011-- $9,024
        2010-- $9,024
        2009-- $9,024
        2008-- $9,024
        2007-- $9,024
        2006-- $9,024
        2005-- $9,024
        2004-- $9,024 -8.1%
        2003-- $9,824 +53.5%
        2002-- $6,400
        2000-- $6,400
        1999-- $6,400

        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: Carroll Park

          Getting around

          69 / 100
          Somewhat Walkable
          69 / 100
          Good Transit
          68 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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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