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Sold for $205,000
  • $205,000

    5607 N Park Ave, Philadelphia, PA 19141

    3beds
    2baths
    1,556sqft
    Townhouse
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $132/sqft
    $1,717 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,717/mo

    Zestimate® history
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    What's special

    Charming Duplex in Fern Rock – Income-Generating Opportunity! Welcome to 5607 N Park Avenue, a well-maintained, legally zoned duplex situated in the desirable Fern Rock neighborhood of Philadelphia with all rental licenses active and one unit vacant. This property offers an incredible investment opportunity, with a current gross monthly income of $2,300. The first unit is a 1-bedroom, 1-bath apartment renting for $1,000/month, while the second unit, currently vacant, is a 2-bedroom, 1-bath apartment with a rental potential of $1,200/month. Featuring a shared laundry room and parking accessible from the back of the property. Located just steps away from the Olney transportation center on the Broad street line for excellent public transportation options. Whether you’re looking to expand your investment portfolio or occupy one unit while renting the other, this property provides flexibility and immediate income. Additional highlights include: a large 2,368 sqft. Lot with off-street parking available for multiple cars and a garage, which only requires a garage door installation to maximize its potential. The property also comes with security cameras, not currently active but included in the sale as well as on-site laundry. Plus, enjoy peace of mind knowing the building is certified lead-safe. Matterport 3D tour included in this listing As an added bonus, the owner is a licensed realtor, ensuring a smooth and professional transaction. Don’t miss your chance to own this income-producing duplex in a prime location. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Land 609-992-8248,

    KW Empower,

    Listing Team: Ccl Team

    Bought with:

    Ife Foy, RS337543

    Keller Williams Main Line

    Source: Bright MLS,MLS#: PAPH2482280MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Steam, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Cooktop, Microwave, Washer, Dryer, Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,556
    • Total interior livable area: 1,556 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Rear, Attached, Off Street
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,368 Square Feet
    • Dimensions: 20.00 x 118.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 493225800
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Fern Rock
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $231,200
    • Annual tax amount: $3,236
    • Date on market: 5/13/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Total actual rent: 31980

    Price history

    DateEventPrice
    7/9/2025Sold$205,000+2.5%$132/sqft
    Source: Bright MLS #PAPH2482280 Report a problem
    6/9/2025Contingent$200,000$129/sqft
    Source: Bright MLS #PAPH2482280 Report a problem
    6/2/2025Listed for sale$200,000$129/sqft
    Source: Bright MLS #PAPH2482280 Report a problem
    5/27/2025Contingent$200,000$129/sqft
    Source: Bright MLS #PAPH2482280 Report a problem
    5/13/2025Listed for sale$200,000+64.3%$129/sqft
    Source: Bright MLS #PAPH2482280 Report a problem
    4/27/2017Listing removed$121,740$78/sqft
    Source: Auction.com Report a problem
    3/18/2017Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,236 +24.6%$231,200 +24.6%
    2024$2,597 $185,500
    2023$2,597 +48.6%$185,500
    2022$1,747 --
    2021$1,747 +7.6%--
    2018$1,624 --
    2017$1,624 +6.5%--
    2016$1,524 --
    2015$1,524 --
    2014$1,524 +4.5%$108,900 +779.4%
    2012$1,459 $12,384
    2011-- $12,384
    2010-- $12,384
    2009-- $12,384
    2008-- $12,384
    2007-- $12,384 +7.5%
    2006-- $11,520
    2005-- $11,520
    2004-- $11,520 +5.9%
    2003-- $10,880 -16.3%
    2002-- $12,992 +12.2%
    2000-- $11,584 +17.9%
    1999-- $9,824
    Find assessor info on the county website

    Neighborhood: Fern Rock

    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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