$5,818 Closing Credit¹
#PAPH2367970, Shengfei Lin, Listing Office: Target Realty
$530,000 List price
1247 S 53rd St Philadelphia, PA 19143
$6,294
Closing credit¹
2,900 sqft
0.04 acres
$183 / sqft
Multi-Family
Property details
About 1247 S 53rd St
COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood! This location is FANTASTIC. The property is surrounded by numerous amazing universities (University of Penn, and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and additional den/office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attract very good tenants of all different types. ALSO, there are so many options with this property! This is a perfect purchase for an investor, great cash flow and so much upside. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!
Highlights
Home typeTriplex
HeatingOther
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCeiling Fan(s), Central Air
Size2,900 sqft
BasementYes
Lot size0.04 Acres
Year built1917
ParkingOn Street
MLS #PAPH2407100
Summary
- MLS Number: PAPH2407100
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Group
- Office Phone: (610) 792-5900
- Office Email: teresekw@gmail.com
- Listing Agent: Eric D Feinberg
- Agent Phone: (484) 948-5872
- Agent Email: ericfeinberg@kw.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$530,000
1247 S 53rd St
$6,294
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 05, 2022 | Home Sold | $489,700 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $139,000 | $1,945 |
| 2022 | $94,000 | $132 |
| 2021 | $- | $132 |
| 2020 | $54,500 | $762 |
| 2019 | $50,300 | $704 |
| 2018 | $41,200 | $576 |
| 2017 | $41,200 | $576 |
History based on county public records data.
Nearby schools
3
Universal Institute Charter School at Bluford
Public Charter KG-6
0.5 mi
•5801 Media St
3
Inquiry Charter School
Public Charter PK-5
0.8 mi
•1301 Belmont Ave
3
Mastery Charter School Mann Elementary
Public Charter KG-6
0.9 mi
•5376 W Berks St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,263. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
81%
<35k
19%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
61%
Single, No Kids
25%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1247 S 53rd St in Philadelphia, PA and zip code 19131 in the Carroll Park neighborhood. This 2,900 square foot home, which was built in 1917, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $530,000.
While more than 154 listings in Philadelphia, PA in February 2025 were sold above asking price, there were more than 166 listings sold at asking price, and more than 396 were sold below. Between January and February 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 10.7%. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $268,469.
From Rocket Homes Real Estate and based on county public records data.