#PAPH2481530, Michelle Phillips, Listing office: Luxe Real Estate LLC
$320,000 List price
1317 S 56th St Philadelphia, PA 19143
1,170 sqft
0.03 acres
$274 / sqft
Multi-Family
Property details
About 1317 S 56th St
Welcome to 1317 S. 56th Street — a fully renovated, legal end-unit triplex that’s move-in ready and ideal for investors or house hackers seeking immediate rental income and long-term equity growth. This turn-key property features three updated one-bedroom apartments. The first floor, vacant unit is a stylish one-bedroom apartment with a modern kitchen, cozy living/dining area, updated bathroom, and spacious bedroom. The second floor unit, currently rented for $804/month, is a bright one-bedroom boasts hardwood flooring, recessed lighting, an updated kitchen, and a refreshed bathroom with generous closet space. Unit 3 is a basement level, vacant apartment and ready for a new tenant. This beautifully renovated one-bedroom offers private entry, new flooring, a sleek kitchen, inviting living area, and a modern bath. Each unit has separate heat, hot water, and utilities, keeping expenses simple and predictable. The seller is even including a vetted list of trusted maintenance contacts to make ownership as hands-off as you need it to be. Whether you’re living in one unit and renting the others, or adding to your rental portfolio, this cash-flowing property is the kind of opportunity that doesn’t last long. Schedule your tour today!
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size1,170 sqft
BasementYes
Lot size0.03 Acres
Year built1925
ParkingOn Street
MLS #PAPH2481580
Summary
- Basement: Yes
- Interior: Carpet, Ceiling Fan(s)
- Parking: On Street
- Architectural Style: Straight Thru
- Heating: Forced Air
- Cooling: None
- List Price: $320,000
- Price/SqFt: $273
- Annual Tax Amount: $949
- Tax Year: 2023
- Directions: 56th Street
- Year Built: 1925
- Living Area: 1,170 SqFt
- Municipality: Philadelphia
- Lot Size: 0.03 Acres
- MLS Number: PAPH2481580
- MLS Name: BRIGHT
- Office Name: Luxe Real Estate LLC
- Office Phone: (215) 251-7519
- Office Email: michelle@luxerealestatefirm.com
- Listing Agent: Michelle Phillips
- Agent Phone: (215) 251-7519
- Agent Email: michelle@luxerealestatefirm.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: 7/24/2025, 9:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 04, 2018 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $67,800 | $949 |
| 2022 | $67,800 | $832 |
| 2021 | $- | $832 |
| 2020 | $59,500 | $832 |
| 2019 | $54,900 | $768 |
| 2018 | $53,800 | $753 |
| 2017 | $53,800 | $753 |
History based on county public records data.
Nearby schools
5
Joseph W. Catharine School
Public District KG-5
1.1 mi
•6600 Chester Ave
6
W.B. Evans Elementary School
Public Magnet KG-6
1.2 mi
•900 Baily Rd
5
Thomas G. Morton School
Public District KG-5
1.3 mi
•2501 S 63rd 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 $32,805. Most Philadelphia, PA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
43%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
29%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1317 S 56th St
The listing price of 1317 S 56th St property is $320,000.
The property 1317 S 56th St is a multi located in Philadelphia, Pennsylvania, 19143.
Active Listing: 1317 S 56th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1317 S 56th St are: Joseph W. Catharine School (GreatSchools Rating 5/10), W.B. Evans Elementary School (GreatSchools Rating 6/10), Thomas G. Morton School (GreatSchools Rating 5/10), W.C. Longstreth Elementary School (GreatSchools Rating 4/10), Avery D. Harrington School (GreatSchools Rating 2/10), Independence Charter School West (GreatSchools Rating 4/10), Mastery Charter School-Hardy Williams (GreatSchools Rating 5/10), Motivation High School (GreatSchools Rating 3/10), Boys Latin of Philadelphia Charter School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $949 (source: MLS/based on county public records data).
The last sale was on October 4, 2018 for $40,000 (source: MLS/tax record).
The property 1317 S 56th St is 1,170 SqFt (source: MLS/tax record).
The year of construction for 1317 S 56th St is 1925.
This home is located at 1317 S 56th St in Philadelphia, PA and zip code 19143 in the Southwest Philadelphia neighborhood. This 1,170 square foot home, which was built in 1925, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $320,000.
In June 2025 in Philadelphia, PA there were 36.5% more homes for sale than in May. While the average time on the market in June 2025 was 90 days, the median list price was $292,873.
From Rocket Homes Real Estate and based on county public records data.