MULTIPLE OFFERS RECEIVED! Seller requests all interested parties submit their highest and best offer no later than 4pm, Tuesday May 26, 2026. Opportunity knocks in the heart of West Philadelphia with this rare 3-story framed-out shell offering exceptional upside for investors, developers, or savvy owner-operators. With a thoughtfully designed layout already in place, this property has the potential to be transformed into a 4-unit income-producing asset featuring two spacious 2-bedroom, 1-bath units and two well-appointed 1-bedroom, 1-bath units. Much of the heavy lifting has already begun, including framing work and key exterior improvements such as updated windows and a rebuilt front porch, giving the next owner a valuable head start toward completion. The structure offers strong bones, flexible living configurations, and the chance to maximize rental income in one of Philadelphia’s steadily growing neighborhoods. Whether you’re looking to add a high-performing multi-family property to your portfolio, create modern rental residences, or capitalize on the area’s continued development and demand, this property presents incredible potential and long-term value. Bring your vision and unlock the possibilities this unique investment opportunity has to offer. Buyer is responsible for verifying and legal proposed use with appropriate authority. Seller makes no representations regarding legal use, zoning or condition.
Pending
$120,000
5924 Master St, Philadelphia, PA 19151
6beds
--baths
2,096sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
- 39 days |
- 151 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jaimee Cohen 610-622-7500,
RE/MAX Prime Real Estate 6106227500
Source: Bright MLS,MLS#: PAPH2625092
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- None
Cooling
- None
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,096
- Total interior livable area: 2,096 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Pool features: None
Lot
- Size: 1,913 Square Feet
- Dimensions: 23.00 x 85.00
- Features: Middle Of Block
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 342021200
- Zoning: RM1
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $193,000
- Annual tax amount: $2,701
- Date on market: 5/21/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203(k),Negotiable,Private Financing Available
- Ownership: Fee Simple
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $106,600-59%$51/sqft |
Source: Public Record Report a problem | ||
| 3/8/2025 | Listing removed | $260,000$124/sqft |
Source: | ||
| 1/28/2025 | Price change | $260,000-5.5%$124/sqft |
Source: | ||
| 1/13/2025 | Price change | $275,000+10%$131/sqft |
Source: | ||
| 1/9/2025 | Listed for sale | $250,000+233.3%$119/sqft |
Source: | ||
| 1/4/2023 | Sold | $75,000+150%$36/sqft |
Source: Public Record Report a problem | ||
| 11/3/2020 | Sold | $30,000-65.9%$14/sqft |
Source: Public Record Report a problem | ||
| 12/13/2019 | Listing removed | $88,000$42/sqft |
Source: Ralic Real Estate Group, LLC #PAPH854896 Report a problem | ||
| 12/4/2019 | Listed for sale | $88,000+373.1%$42/sqft |
Source: Ralic Real Estate Group, LLC #PAPH854896 Report a problem | ||
| 7/12/2013 | Sold | $18,600$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,702 +21% | $193,000 +21% |
| 2024 | $2,233 | $159,500 |
| 2023 | $2,233 +30.8% | $159,500 |
| 2022 | $1,706 | -- |
| 2021 | $1,706 +3.7% | -- |
| 2018 | $1,646 | -- |
| 2017 | $1,646 -84.9% | -- |
| 2016 | $10,924 +598% | -- |
| 2015 | $1,565 | -- |
| 2014 | $1,565 +4.5% | $111,800 +2139.6% |
| 2012 | $1,498 | $4,992 |
| 2011 | -- | $4,992 |
| 2010 | -- | $4,992 |
| 2009 | -- | $4,992 |
| 2008 | -- | $4,992 |
| 2007 | -- | $4,992 +7.6% |
| 2006 | -- | $4,640 |
| 2005 | -- | $4,640 |
| 2004 | -- | $4,640 |
| 2003 | -- | $4,640 |
| 2002 | -- | $4,640 |
| 2000 | -- | $4,640 |
| 1999 | -- | $4,640 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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
70 / 100
Excellent TransitNearby schools
GreatSchools rating
- 5/10GUIDON S BLUFORD EL SCHGrades: K-8Distance: 0.2 mi
- 2/10Overbrook High SchoolGrades: 9-12Distance: 0.6 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.





