INVESTOR OPPORTUNITY Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income. Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease. Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month. Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors. Schedule your showing today!
For sale
$299,900
5578 Ludlow St, Philadelphia, PA 19139
4beds
2baths
1,204sqft
Townhouse
Built in 1925
-- sqft lot
$-- Zestimate®
$249/sqft
$-- HOA
What's special
Detached garageTwo residential units
- 25 days
- 335
- 4
Zillow last checked:
Listing updated:
Listed by:
Eli Qarkaxhia 215-774-5782,
Compass RE 2674358015,
Listing Team: Eli Qarkaxia Team", Co-Listing Agent: James V Roth 609-828-2458,
Compass New Jersey, LLC - Haddon Township
Source: Bright MLS,MLS#: PAPH2667542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
Features
- Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Recessed Lighting
- Flooring: Wood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,204
- Total interior livable area: 1,204 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,226 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 604014300
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Other
- Foundation: Other
- Roof: Flat
Condition
- Good
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: West Philadelphia
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $318,600
- Annual tax amount: $4,459
- Date on market: 9/18/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 35400
Estimated market value
Not available
Estimated sales range
Not available
$1,889/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $299,900+10.5%$249/sqft |
Source:  Bright MLS #PAPH2667542 Report a problem | ||
| 8/15/2025 | Listing removed | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2025 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/20/2024 | Sold | $271,500-1.3%$225/sqft |
Source: Bright MLS #PAPH2377770 Report a problem | ||
| 8/5/2024 | Pending sale | $275,000$228/sqft |
Source: Bright MLS #PAPH2377770 Report a problem | ||
| 7/18/2024 | Listed for sale | $275,000+248.1%$228/sqft |
Source: Bright MLS #PAPH2377770 Report a problem | ||
| 11/16/2018 | Sold | $79,000+94.6%$66/sqft |
Source: Public Record Report a problem | ||
| 10/16/2018 | Pending sale | $40,590$34/sqft |
Source: Coldwell Banker Preferred - Old City Office #1007543972 Report a problem | ||
| 9/28/2018 | Listed for sale | $40,590+103%$34/sqft |
Source: CB Preferred-Old City #1007543972 Report a problem | ||
| 9/30/2015 | Sold | $20,000-74.5%$17/sqft |
Source: Public Record Report a problem | ||
| 7/19/2005 | Sold | $78,500+5133.3%$65/sqft |
Source: Public Record Report a problem | ||
| 9/13/2001 | Sold | $1,500$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,823 +64.9% | $201,700 +64.9% |
| 2024 | $1,712 | $122,300 |
| 2023 | $1,712 +14.7% | $122,300 |
| 2022 | $1,492 | -- |
| 2021 | $1,492 +3.9% | -- |
| 2018 | $1,436 | -- |
| 2017 | $1,436 +110.7% | -- |
| 2016 | $682 | -- |
| 2015 | $682 | -- |
| 2014 | $682 -38.5% | $82,700 +1376.8% |
| 2012 | $1,108 | $5,600 |
| 2011 | -- | $5,600 |
| 2010 | -- | $5,600 |
| 2009 | -- | $5,600 |
| 2008 | -- | $5,600 |
| 2007 | -- | $5,600 +7.4% |
| 2006 | -- | $5,216 |
| 2005 | -- | $5,216 |
| 2004 | -- | $5,216 +10.1% |
| 2003 | -- | $4,736 +8.8% |
| 2002 | -- | $4,352 +4.6% |
| 2000 | -- | $4,160 |
| 1999 | -- | $4,160 |
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.Climate risks
Neighborhood: Cobbs Creek
Nearby schools
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