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Sold for $222,500
  • $222,500

    5538 Master St, Philadelphia, PA 19131

    3beds
    --baths
    1,622sqft
    Townhouse
    Built in 1925
    -- sqft lot
    $222,600 Zestimate®
    $137/sqft
    $1,542 Estimated rent

    Home value

    $222,600

    $211,000 - $234,000

    $1,542/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Devin Glover 908-370-3635,

    HomeSmart Realty Advisors

    Bought with:

    Tariq Morris, RS371536

    United Real Estate

    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: $137/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

    Price history

    DateEventPrice
    7/31/2026Sold$222,500+3.1%$137/sqft
    Source: Bright MLS #PAPH2605406 Report a problem
    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

    Neighborhood: Carroll Park

    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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    Estimated market value
    $222,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $222,600