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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

    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.
    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#: PAPH2625092MLS Logo

      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

        DateEventPrice
        11/19/2025Sold$106,600-59%$51/sqft
        Source: Public Record Report a problem
        3/8/2025Listing removed$260,000$124/sqft
        Source: Bright MLS #PAPH2433724 Report a problem
        1/28/2025Price change$260,000-5.5%$124/sqft
        Source: Bright MLS #PAPH2433724 Report a problem
        1/13/2025Price change$275,000+10%$131/sqft
        Source: Bright MLS #PAPH2433724 Report a problem
        1/9/2025Listed for sale$250,000+233.3%$119/sqft
        Source: Bright MLS #PAPH2433724 Report a problem
        1/4/2023Sold$75,000+150%$36/sqft
        Source: Public Record Report a problem
        11/3/2020Sold$30,000-65.9%$14/sqft
        Source: Public Record Report a problem
        12/13/2019Listing removed$88,000$42/sqft
        Source: Ralic Real Estate Group, LLC #PAPH854896 Report a problem
        12/4/2019Listed for sale$88,000+373.1%$42/sqft
        Source: Ralic Real Estate Group, LLC #PAPH854896 Report a problem
        7/12/2013Sold$18,600$9/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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 Transit

        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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