$3,088

closing credit¹

5924 Master St Philadelphia, PA 19151

$260,000
1,980 sqft
0.04 acres
$131 / sqft
Multi-Family

Property details

About 5924 Master St

Exciting Investment Opportunity! This property is the perfect project for an investor ready to add value and see great returns. Fully zoned and designed for four units, the layout includes two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units. Also has the potential to add 1 or 2 units in the basement. The property is already framed, and all exterior work has been completed, saving you time and effort. All violations have been addressed and officially closed out, giving you a clean slate to move forward. The plans are fully approved, though the permit will need renewal, and with just $150,000 in renovations, you can bring this property to life. An appraisal values the completed property at $550,000 in 2013, making this a fantastic opportunity to generate equity and rental income. Property should appraise at least 600k in 2025. If you’re ready to invest in a project with incredible potential, don’t miss this chance! Reach out today to learn more and take the next step in building this amazing property. Looking for a fast 30 day close. All reasonable offers are welcomed and considered.

Highlights

Home typeQuadruplex
StatusActive
(ACTIVE)
Size1,980 sqft
BasementYes
Lot size0.04 Acres
Year built1900
ParkingOn Street
MLS #PAPH2433724

Summary

  • MLS Number: PAPH2433724
  • MLS Name: BRIGHT
  • Office Name: Skye Property Group
  • Office Phone: (445) 204-5111
  • Office Email: skyepropertygroupllc@gmail.com
  • Listing Agent: Satia Gardner

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: 2/1/2025, 11:25:21 AM 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 porch

$260,000

5924 Master St

$3,088

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 04, 2023
Home Sold
$75,000
Nov 03, 2020
Home Sold
$30,000

Tax history

YearAssessmentProperty Tax
2023$159,500$2,232
2022$159,500$1,706
2021$-$1,689
2020$121,900$1,706
2019$117,600$1,646
2018$111,800$1,564
2017$111,800$1,564

History based on county public records data.

Nearby schools

3

Universal Institute Charter School at Bluford

Public Charter KG-6

0.2 mi

5801 Media St

4

West Philadelphia Achievement Ces

Public Charter KG-5

0.8 mi

6701 Callowhill St

3

Mastery Charter School Mann Elementary

Public Charter KG-6

1.0 mi

5376 W Berks 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 $36,053. The majority of Philadelphia, PA residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

49%
<35k
40%
35k-100k
11%
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?

58%
Single, No Kids
23%
Single, with Kids
11%
Married, No Kids
8%
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
23%
18-34 yrs old
39%
35-64 yrs old
11%
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
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

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 5924 Master St in Philadelphia, PA and zip code 19151 in the Carroll Park neighborhood. This 1,980 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $260,000.

Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $267,873.

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

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