$5,451

closing credit¹

537 S 55th St Philadelphia, PA 19143

$459,000
2,655 sqft
0.1 acres
$173 / sqft
Multi-Family

Property details

About 537 S 55th St

This fully leased triplex presents an excellent investment opportunity in a prime location. Thoughtfully designed to maximize space and functionality, the building consists of three well-laid-out units, each offering comfortable and modern living. Two of the units feature two bedrooms and one bathroom, while the third is a spacious bilevel unit spanning the second and third floors with four bedrooms and two bathrooms. With all units currently leased, this property provides immediate rental income and strong investment potential. Each unit is designed with durability and style in mind, featuring commercial-grade laminate flooring, tiled kitchens and bathrooms, and central air and heating systems for year-round comfort. Large windows in every unit allow for abundant natural light, while high ceilings contribute to an open and airy feel throughout the building. The thoughtful layout ensures that each space feels spacious and inviting. Additionally, a private driveway provides the convenience of off-street parking, a rare amenity in this part of the city. Perfectly situated in a vibrant and growing neighborhood, this property offers excellent access to public transit, parks, and local conveniences. Baltimore Avenue, just a short walk away, is home to a variety of popular restaurants, cafés, and shops, making it a lively hub for residents. Clark Park, a beloved green space known for its farmers’ markets and community events, is also nearby, providing a perfect outdoor escape. The area’s strong sense of community, along with its accessibility and amenities, makes it highly desirable for renters. Whether you're a seasoned investor or looking to expand your portfolio, this well-maintained triplex is a valuable opportunity in a thriving Philadelphia neighborhood.

Highlights

Home typeTriplex
HeatingForced Air
StatusComing Soon
(COMING SOON)
CoolingCentral Air
Size2,655 sqft
BasementYes
Lot size0.11 Acres
Year built1925
ParkingDriveway
MLS #PAPH2441770
Active DateFebruary 25, 2025

Summary

  • MLS Number: PAPH2441770
  • MLS Name: BRIGHT
  • Office Name: Opus Elite Real Estate
  • Office Phone: (215) 395-6277
  • Office Email: info@opuselitere.com
  • Listing Agent: Anthony R Castaneda

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: 2/5/2025, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$459,000

537 S 55th St

$5,451

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 20, 2019
Home Sold
$369,000
Apr 30, 2014
Home Sold
$40,000
Sep 21, 2012
Home Sold
$19,100

Tax history

YearAssessmentProperty Tax
2023$319,500$4,472
2022$319,500$925
2021$-$925
2020$66,100$925
2019$63,700$891
2018$61,200$856
2017$61,200$856

History based on county public records data.

Nearby schools

3

Stonehurst Hills Elementary School

Public District KG-5

1.4 mi

7051 Ruskin Ln

6

W B Evans Magnet School

Public Magnet KG-6

1.5 mi

900 Baily Rd

3

Universal Institute Charter School at Bluford

Public Charter KG-6

1.5 mi

5801 Media St

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 $41,481. Residents of Philadelphia, PA typically earn between $35k-100k 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?

42%
<35k
52%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
29%
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
11%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
14%
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
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

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 537 S 55th St in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 2,655 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $459,000.

Philadelphia, PA housing market in January 2025 saw over 152 listings sold above listed price, more than 186 sold at listed price and over 457 sold below. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $266,945.

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

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