$155,000

1500 N 56th St Philadelphia, PA 19131

$1,841
Closing credit¹
1,860 sqft
0.04 acres
$83 / sqft
House

Property details

About 1500 N 56th St

Back on the market with a $20k price reduction!!!!!! Buyer had a change of heart. So this gives you a second chance! Your next investment Opportunity is here! Imagine the potential this property has to offer. Currently set up with a vacant commercial space on the first level and a spacious 4 bedroom, 1 bathroom bi-level residence on the second and third levels. Proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level are available. A rehab opportunity with amazing potential as a fix and flip or rent and hold. Utilities are separated. ATLAS states the property is zoned RSA5. See zoning documents indicating this was approved as a 2 family residential dwelling with a commercial space below. This is the opportunity you have been waiting for. Don't miss this one! Schedule a showing today! The property is being offered in as-is condition. Buyer is responsible for City Resale Certificate and any CO requirements. Seller will not provide any Permits or a Certificate of Occupancy. Buyer is responsible for due diligence regarding zoning and taxes after the City tax reassessment, If you have any questions about the tax assessment, contact the City of Philadelphia. We are not involved in the City of Philadelphia’s tax reassessment and do not have any input or control in the results.

Highlights

Home typeOther
HeatingBaseboard
StatusActive
(ACTIVE)
Size1,860 sqft
BasementYes
Lot size0.04 Acres
Year built1925
ParkingOn Street
MLS #PAPH2425428

Summary

  • Basement: Yes
  • Parking: On Street
  • Architectural Style: Straight Thru, Traditional
  • Heating: Baseboard
  • Cooling: None
  • List Price: $155,000
  • Price/SqFt: $83
  • Annual Tax Amount: $1,244
  • Tax Year: 2023
  • Lot: Corner Lot, Back Yard
  • Directions: 56th and Media
  • Year Built: 1925
  • Living Area: 1,860 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.04 Acres
  • MLS Number: PAPH2425428
  • MLS Name: BRIGHT
  • Office Name: TNT Real Estate Solutions, LLC
  • Office Phone: (215) 821-8836
  • Listing Agent: Theresa Kehler
  • Agent Phone: (215) 605-9647
  • Agent Email: theresa.kehler@gmail.com

IDX 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: 6/28/2025, 12:45:35 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

1500 N 56th St, Philadelphia, PA 19131 - view of front of property with brick siding

$155,000

1500 N 56th St

$1,841

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 18, 2021
Home Sold
$93,804
Jun 27, 2006
Home Sold
$48,000

Tax history

YearAssessmentProperty Tax
2023$88,900$1,244
2022$88,900$1,244
2021$-$1,244
2020$88,900$1,244
2019$44,600$624
2018$41,500$580
2017$41,500$580

History based on county public records data.

Nearby schools

3

Universal Institute Charter School at Bluford

Public Charter KG-6

0.2 mi

5801 Media St

3

Mastery Charter School Mann Elementary

Public Charter KG-6

0.7 mi

5376 W Berks St

3

Inquiry Charter School

Public Charter PK-5

1.1 mi

1301 Belmont Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,250. Typical income of Philadelphia, PA residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

69%
<35k
25%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

48%
Single, No Kids
32%
Single, with Kids
12%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1500 N 56th St

The listing price of 1500 N 56th St property is $155,000.

The property 1500 N 56th St is a house located in Philadelphia, Pennsylvania, 19131.

Active Listing: 1500 N 56th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1500 N 56th St are: Universal Institute Charter School at Bluford (GreatSchools Rating 3/10), Mastery Charter School Mann Elementary (GreatSchools Rating 3/10), Inquiry Charter School (GreatSchools Rating 3/10), Edward Heston Elementary School (GreatSchools Rating 2/10), Kipp West Philadelphia Charter School (GreatSchools Rating 5/10), Overbrook Elementary School (GreatSchools Rating 3/10), Mastery Charter School -Shoemaker Campus (GreatSchools Rating 3/10), Overbrook High School (GreatSchools Rating 2/10), Kipp Dubois Charter School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,244 (source: MLS/based on county public records data).

The last sale was on December 18, 2021 for $93,804 (source: MLS/tax record).

The property at 1500 N 56th St has 0 bathroom.

The property 1500 N 56th St is 1,860 SqFt (source: MLS/tax record).

The year of construction for 1500 N 56th St is 1925.

This home is located at 1500 N 56th St in Philadelphia, PA and zip code 19131 in the Carroll Park neighborhood. This 1,860 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $155,000.

Between April and May 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 40.9%. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.

From Rocket Homes Real Estate and based on county public records data.

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