$7,718 Closing Credit¹
#PAPH2380862, Neil P Dessecker, Listing Office: RE/MAX One Realty - TCDT
$599,000 List price
5134 Spruce St Philadelphia, PA 19139
$7,113
Closing credit¹
3,159 sqft
0.04 acres
$190 / sqft
House
Property details
About 5134 Spruce St
This 5-unit building offers a rare investment opportunity just steps from the rapidly developing 52nd Street Corridor. With a mix of one 3-bedroom unit and four 1-bedroom units, this property boasts significant rental income potential with an expected cap rate of over 10%. Rent projections are based on actual Philadelphia Housing Voucher Program rents. The first-floor unit has been renovated with a modern kitchen, updated bathroom, new flooring, and fresh paint throughout, making it a standout feature. The lower-level one-bedroom unit is currently leased, offering immediate cash flow, while the upper units have also been updated to include spacious layouts, large windows, and plenty of natural light. Located within the Philadelphia School District, this property is just a few blocks from the Market-Frankford Subway line, providing easy access to Center City, local shopping, and dining along Baltimore Avenue, and the vibrant community around Malcolm X Park. The seller’s favorite aspect of the location is its proximity to everything while being situated in a Qualified Opportunity Zone, presenting a unique investment advantage for buyers. This building is perfect for investors looking for a high-yield property in a growing area. Don’t miss your chance to invest in this income-producing property—schedule a tour today!
Highlights
Home typeOther
HeatingForced Air
StatusComing Soon
(COMING SOON)
(COMING SOON)
CoolingCentral Air
Size3,159 sqft
Lot size0.04 Acres
Year built1925
ParkingOn Street
MLS #PAPH2470122
Active DateMay 22, 2025
Summary
- Parking: On Street
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $599,000
- Price/SqFt: $189
- Annual Tax Amount: $3,730
- Tax Year: 2023
- Directions: GPS
- Year Built: 1925
- Living Area: 3,159 SqFt
- Municipality: Philadelphia
- Lot Size: 0.04 Acres
- MLS Number: PAPH2470122
- MLS Name: BRIGHT
- Office Name: Compass Pennsylvania, LLC
- Office Phone: (267) 435-8015
- Office Email: marianne.dillon@compass.com
- Listing Agent: Michael D Phillips
- Agent Phone: (267) 713-9616
- Agent Email: michael.phillips@compass.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: 5/19/2025, 12:55:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,000
5134 Spruce St
$7,113
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 13, 2019 | Home Sold | $300,000 |
| Apr 04, 2011 | Home Sold | $80,325 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $266,500 | $3,730 |
| 2022 | $266,500 | $3,629 |
| 2021 | $- | $3,629 |
| 2020 | $259,300 | $3,629 |
| 2019 | $249,600 | $3,493 |
| 2018 | $159,700 | $2,235 |
| 2017 | $159,700 | $2,235 |
History based on county public records data.
Nearby schools
3
Universal Institute Charter School at Bluford
Public Charter KG-6
1.4 mi
•5801 Media St
3
Inquiry Charter School
Public Charter PK-5
1.5 mi
•1301 Belmont Ave
5
Samuel Powel Elementary School
Public District KG-4
1.7 mi
•301 N 36th 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 $19,412. Most Philadelphia, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
65%
<35k
31%
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?
66%
Single, No Kids
17%
Single, with Kids
9%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
41%
35-64 yrs old
13%
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
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
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 5134 Spruce St
The listing price of 5134 Spruce St property is $599,000.
The property 5134 Spruce St is a house located in Philadelphia, Pennsylvania, 19139.
Coming Soon: 5134 Spruce St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 5134 Spruce St are: Universal Institute Charter School at Bluford (GreatSchools Rating 3/10), Inquiry Charter School (GreatSchools Rating 3/10), Samuel Powel Elementary School (GreatSchools Rating 5/10), Global Leadership Academy Charter School Southwest a (GreatSchools Rating 4/10), Henry C. Lea School (GreatSchools Rating 5/10), Andrew Hamilton School (GreatSchools Rating 3/10), The Workshop School (GreatSchools Rating 3/10), West Philadelphia High School (GreatSchools Rating 2/10), Boys Latin of Philadelphia Charter School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,730 (source: MLS/based on county public records data).
The last sale was on September 13, 2019 for $300,000 (source: MLS/tax record).
The property at 5134 Spruce St has 0 bathroom.
The property 5134 Spruce St is 3,159 SqFt (source: MLS/tax record).
The year of construction for 5134 Spruce St is 1925.
This home is located at 5134 Spruce St in Philadelphia, PA and zip code 19139 in the Walnut Hill neighborhood. This 3,159 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 May 16, 2025 and is currently priced at $599,000.
In April 2025 in Philadelphia, PA there were 49.7% more homes for sale than in March. In April 2025 median list price was $291,214 and the average listing age was 88 days.
From Rocket Homes Real Estate and based on county public records data.