$410,000

5622 N 2nd St Philadelphia, PA 19120

$4,869
Closing credit¹
2,115 sqft
0.1 acres
$194 / sqft
Multi-Family

Property details

About 5622 N 2nd St

Nestled in the desirable Olney section of Philadelphia, this exceptional Detached Multi-Family offers an unparalleled investment opportunity. Conveniently located near public transportation, this property ensures easy accessibility for tenants, enhancing its desirability. Recently renovated and in excellent condition, the building boasts a modern charm that appeals to residents and currently enhances low-maintenance ownership. With fully occupied, rent-paying tenants, this income-producing property delivers steady cash flow, making it an ideal addition to any investor's portfolio. Rents are $1250, $1250, $950, and $950 with year terms. The building features the rare advantage of driveway parking, a sought-after amenity in the area, providing added convenience for tenants. Additionally, the lot includes extra space at the rear, offering versatile potential for further development or recreational use. Whether you’re a seasoned investor or looking to expand your portfolio, this property stands as a prime example of quality, location, and income potential. Don't miss the chance to secure a gem in Olney!

Highlights

Home typeQuadruplex
HeatingBaseboard
StatusActive
(ACTIVE)
CoolingCeiling Fan(s), Other
Size2,115 sqft
BasementYes
Lot size0.13 Acres
Year built1930
ParkingConcrete Driveway, Driveway,On Street
MLS #PAPH2457566

Summary

  • MLS Number: PAPH2457566
  • MLS Name: BRIGHT
  • Office Name: Homestarr Realty
  • Office Phone: (215) 355-5565
  • Office Email: homestarr@homestarrinc.com
  • Listing Agent: Joe Hill
  • Agent Phone: (215) 436-4768
  • Agent Email: joehill@homestarrinc.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: 3/15/2025, 12:20:57 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 front of home featuring a fenced front yard, stucco siding, a porch, and a gate

$410,000

5622 N 2nd St

$4,869

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 04, 2022
Home Sold
$224,000
Jun 20, 2014
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2023$217,600$3,045
2022$217,600$2,259
2021$-$2,259
2020$161,400$2,259
2019$150,000$2,099
2018$148,700$2,081
2017$148,700$2,081

History based on county public records data.

Nearby schools

4

James R. Lowell Elementary School

Public District KG-4

0.3 mi

450 W Nedro Ave

4

Julia Ward Howe Academics Plus Elementary School

Public District KG-5

0.9 mi

5800 N 13th St

4

Feltonville Intermediate School

Public District 3-5

1.1 mi

238 E Wyoming 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 $50,434. Residents of Philadelphia, PA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
65%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

42%
Single, No Kids
25%
Single, with Kids
15%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • 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 5622 N 2nd St in Philadelphia, PA and zip code 19120 in the Olney neighborhood. This 2,115 square foot home, which was built in 1930, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $410,000.

In February 2025, from all listings sold in Philadelphia, PA there were more than 154 sold above asking price, over 396 sold below and more than 166 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. The median list price of listings available in February 2025 was $268,469, while the average time on the real estate market was 59 days.

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

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