$3,741 Closing Credit¹
#PAPH2416342, Kelli R Ezekiel, Listing Office: Coldwell Banker Realty
$324,000 List price
5556 Market St Philadelphia, PA 19139
$3,848
Closing credit¹
2,009 sqft
0.04 acres
$161 / sqft
Multi-Family
Property details
About 5556 Market St
Welcome to your next investment opportunity! This turnkey mixed-use building promises excellent cash flow and minimal overhead, making it an investor's dream. Nestled in the burgeoning Walnut Hill section of Philadelphia, adjacent to the esteemed University of Pennsylvania, this property boasts three units ripe for income generation. Positioned conveniently on Market Street's south side, mere steps from the SEPTA 56th Street EL stop, accessibility is unmatched. Your tenants will relish the swift commute to Penn, Drexel, or downtown Philadelphia, thanks to the nearby elevated train. The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor presents a spacious one-bedroom apartment with kitchen, bath, flooring, heater, and washer/dryer. Priced at $1000 per month, its private fenced yard adds an extra allure. Ascending to the second floor reveals a charming two-bedroom unit, boasting a ceramic-tiled kitchen, pergo flooring, and modern amenities like high-efficiency gas forced air heat and central air. With a rental income of $1100 per month, its enclosed porch could easily transform into a third bedroom, maximizing returns. To sweeten the deal, the property offers off-street parking for 1-2 cars, potentially yielding an additional $50-$100 per month in rent. Resting on a generous 125-foot deep lot with a convenient rear alley/private driveway, convenience and flexibility abound. Whether you're eyeing a 1031 exchange, a cash sale, commercial financing, or envisioning yourself as an owner-operator, this offering caters to diverse investment strategies. Don't miss out on this golden opportunity to secure your foothold in Philadelphia's thriving real estate market!
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,009 sqft
BasementYes
Lot size0.04 Acres
Year built1920
ParkingDriveway
MLS #PAPH2325260
Summary
- MLS Number: PAPH2325260
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Carlos Masip
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: 2/23/2025, 1:20:50 AM 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
$324,000
5556 Market St
$3,848
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 17, 2021 | Home Sold | $250,000 |
| May 10, 2018 | Home Sold | $85,500 |
| Sep 01, 2004 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $93,500 | $1,308 |
| 2022 | $93,500 | $1,308 |
| 2021 | $- | $1,308 |
| 2020 | $93,500 | $1,308 |
| 2019 | $90,000 | $1,259 |
| 2018 | $75,300 | $1,054 |
| 2017 | $75,300 | $1,054 |
History based on county public records data.
Nearby schools
3
Universal Institute Charter School at Bluford
Public Charter KG-6
0.9 mi
•5801 Media St
4
West Philadelphia Achievement Ces
Public Charter KG-5
1.3 mi
•6701 Callowhill St
3
Inquiry Charter School
Public Charter PK-5
1.4 mi
•1301 Belmont Ave
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 $27,857. The majority of Philadelphia, PA residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
37%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
27%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
20%
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
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 5556 Market St in Philadelphia, PA and zip code 19139 in the Cobbs Creek neighborhood. This 2,009 square foot home, which was built in 1920, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $324,000.
In January 2025, from all listings sold in Philadelphia, PA there were more than 152 sold above asking price, over 457 sold below and more than 186 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. While the average time on the market in January 2025 was 52 days, the median list price was $266,945.
From Rocket Homes Real Estate and based on county public records data.