For sale

$390,000

5539 N 5th St, Philadelphia, PA 19120

2beds

2baths

1,800sqft

$2,645/mo

Get pre-qualified

Townhouse

Built in 1910

-- sqft lot

$375,300 Zestimate^®

$217/sqft

$-- HOA

What's special

Full basement for storage

Seeking immediate cash flow paired with significant value-add potential? Positioned in the high-traffic 5th & Olney business corridor (30,000+ daily vehicle count), 5539 N 5th St offers an exceptional blend of steady rental income and operational flexibility. The ground floor features an occupied turnkey, fully equipped takeout restaurant with a full basement for storage. Upstairs, you’ll find a partially renovated 2-bedroom apartment with substantial rent upside once completed. Versatile CMX-2.5 zoning permits the upper level for residential or commercial use, while allowing a wide variety of ground-floor uses—from food & beverage to retail, personal services, or professional offices. Perfect for an investor seeking turnkey returns or an owner-occupant looking to bring their own business vision to life! Contact me for a private showing.

5 days
63
5

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

Other, Natural Gas

Appliances

Included: Water Heater

Features

Basement: Full,Exterior Entry,Unfinished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,800
Total interior livable area: 1,800 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 1,692 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 871566240
Zoning: CMX25
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Townhouse

Materials

Masonry
Foundation: Brick/Mortar

Condition

New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $217/sqft
Tax assessed value: $193,200
Annual tax amount: $2,704
Date on market: 10/8/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Negotiable
Inclusions: Restaurant Equipment
Exclusions: Tenant's Personal Property
Ownership: Fee Simple

Estimated market value

$375,300

$357,000 - $394,000

$1,821/mo

Price history

Date	Event	Price
10/8/2026	Listed for sale	$390,000+56%$217/sqft
Source: Bright MLS #PAPH2679072 Report a problem
1/3/2025	Sold	$250,000$139/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,261 +2.7%	$161,500 +2.7%
2024	$2,202	$157,300
2023	$2,202 +22.9%	$157,300
2022	$1,792	--
2021	$1,792 +0.9%	--
2018	$1,775	--
2017	$1,775 +2.9%	--
2016	$1,725 -20.5%	--
2015	$2,169	--
2014	$2,169	$175,900