$2,850

closing credit¹

721 S 56th St Philadelphia, PA 19143

$240,000
1,862 sqft
0.03 acres
$129 / sqft
Multi-Family

Property details

About 721 S 56th St

Great income producing Duplex zoned RM1 with big porch on a wide block right near Baltimore Avenue. 2 (2) Bedroom,1 bath units with separate entrances are in very good condition. Each unit pays $1,100 per month. The building has lead test, a rental license and is a great quality rental. All offers will be presented, property is sold in as is condition. Buyer is responsible for u/o, and proof of funds required with all offers. This is a great investment for the price, location and condition. Don't miss this opportunity.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
Size1,862 sqft
Lot size0.03 Acres
Year built1920
MLS #PAPH2371010

Summary

  • MLS Number: PAPH2371010
  • MLS Name: BRIGHT
  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Office Email: vicki@kwempower.com
  • Listing Agent: Michael P Cohen

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: 1/22/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring a balcony

$240,000

721 S 56th St

$2,850

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 18, 2021
Home Sold
$40,000
Jan 06, 2021
Home Sold
$40,000

Tax history

YearAssessmentProperty Tax
2020$0$72
2019$48,400$677
2018$48,200$674
2017$48,200$674

History based on county public records data.

Nearby schools

3

Stonehurst Hills Elementary School

Public District KG-5

1.2 mi

7051 Ruskin Ln

6

W B Evans Magnet School

Public Magnet KG-6

1.2 mi

900 Baily Rd

5

Joseph W. Catharine School

Public District KG-5

1.5 mi

6600 Chester 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 $29,130. Most Philadelphia, PA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

53%
<35k
40%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
28%
Single, with Kids
13%
Married, No Kids
9%
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
22%
18-34 yrs old
36%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

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 721 S 56th St in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 1,862 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $240,000.

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. The number of listings in Philadelphia, PA decreased by 2.3% between November and December 2024. In December 2024 median list price was $267,873 and the average listing age was 49 days.

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

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