$250,000

1604 S 56th St Philadelphia, PA 19143

$2,969
Closing credit¹
1,892 sqft
0.03 acres
$132 / sqft
Multi-Family

Property details

About 1604 S 56th St

Turnkey investment opportunity in an up-and-coming Philadelphia neighborhood! This moderately renovated duplex at 1604 S 56th Street is fully rented, providing immediate cash flow. Nestled in a rapidly developing area near Cobbs Creek, this property benefits from ongoing revitalization, increasing home values, and new businesses popping up. Each unit offers comfortable living spaces with recent updates, making it an attractive choice for tenants. Whether you’re a seasoned investor or just starting out, this is a prime opportunity to own in a growing market. Schedule a showing today!

Highlights

Home typeDuplex
HeatingRadiant
StatusActive
(ACTIVE)
Size1,892 sqft
Lot size0.03 Acres
Year built1920
ParkingOn Street
MLS #PAPH2458366

Summary

  • MLS Number: PAPH2458366
  • MLS Name: BRIGHT
  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Office Email: vicki@kwempower.com
  • Listing Agent: Catawba Bond
  • Agent Phone: (267) 257-8641
  • Agent Email: catbondestates@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: 4/6/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property

$250,000

1604 S 56th St

$2,969

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 16, 2023
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2023$253,100$3,542
2022$253,100$1,339
2021$-$1,339
2020$95,700$1,339
2019$83,400$1,167
2018$30,200$422
2017$30,200$422

History based on county public records data.

Nearby schools

5

Thomas G. Morton School

Public District KG-5

1.0 mi

2501 S 63rd St

5

Joseph W. Catharine School

Public District KG-5

1.0 mi

6600 Chester Ave

6

W.B. Evans Elementary School

Public Magnet KG-6

1.3 mi

900 Baily Rd

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 $29,398. Residents of Philadelphia, PA typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

63%
<35k
33%
35k-100k
3%
100k-200k
1%
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
33%
Single, with Kids
10%
Married, No Kids
9%
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
23%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Jack In The BoxJack In The Box
  • 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

Similar homes for sale

This home is located at 1604 S 56th St in Philadelphia, PA and zip code 19143 in the Southwest Philadelphia neighborhood. This 1,892 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $250,000.

In March 2025, from all listings sold in Philadelphia, PA there were more than 174 sold above asking price, over 344 sold below and more than 171 were sold right at the asked price. In March 2025 in Philadelphia, PA there were 29.2% more homes for sale than in February. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $269,412.

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

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