MLS: #PAPH2602952, Listed By: Peter van der Vlugt, Compass Pennsylvania, LLC, Source:Bright MLS
5134 Spruce Street
PHILADELPHIA, PA 19139
7
Bed
0
Bath
3,159Sqft
Well-positioned just off the growing 52nd Street Corridor and minutes from University City, this 5-unit property offers strong in-place income and excellent long-term upside in a high-demand rental market. With close proximity to UPenn, Drexel, and major hospitals, the area consistently attracts a deep tenant pool of students, healthcare workers, and professionals. The building features a versatile unit mix of one 3-bedroom and four 1-bedroom units, ideal for maximizing rental income and tenant flexibility. Rent projections (based on Philadelphia Housing Voucher Program rates) support a projected cap rate exceeding 14%! One unit is currently leased for immediate cash flow, while the remaining units offer value-add potential. The first-floor unit has been renovated with a modern kitchen,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Room Information
Rooms Total: 17 Has Basement: Yes Basement: Finished -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 1925 Building Area Total: 3159 Construction Materials: Brick, Stone Pool Features: None Private Pool: No
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Lot Information
Lot Size Source: Estimated Lot Size Square Feet: 1775
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Listing Price Information
Listing Price: $468000
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Tax Information
Parcel Number: 602110900 Tax Year: 2026 Annual Tax: $5830
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Parking Information
On Street
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Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 870 N 47th Street, Philadelphia, PA, 19139 | $164,000 | 3 | 2 | 1,038 | 1,038 SqFt |
| 26 N 50th Street, Philadelphia, PA, 19139 | $239,900 | 5 | 5 | 2,643 | 2,643 SqFt |
| 270 S 52nd Street, Philadelphia, PA, 19139 | $299,000 | 4 | -- | 3,195 | 3,195 SqFt |
| 230 N 53rd Street, Philadelphia, PA, 19139 | $200,000 | 5 | 3 | 3,605 | 3,605 SqFt |
| 5611 Appletree Street, Philadelphia, PA, 19139 | $184,900 | 4 | 2 | 1,504 | 1,504 SqFt |
| 5625 Sansom Street, Philadelphia, PA, 19139 | $175,000 | 3 | 2 | 1,260 | 1,260 SqFt |
| 227 S Frazier Street, Philadelphia, PA, 19139 | $149,900 | 3 | 2 | 1,140 | 1,140 SqFt |
| 46 N Frazier Street, Philadelphia, PA, 19139 | $145,000 | 3 | 1 | 1,020 | 1,020 SqFt |
| 5835 Arch Street, Philadelphia, PA, 19139 | $184,000 | 3 | 1 | 1,408 | 1,408 SqFt |
| 243 N Robinson Street, Philadelphia, PA, 19139 | $185,000 | 3 | 3 | 940 | 940 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 11:46
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