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 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 16%! Units feature spacious layouts, large windows, and strong natural light. One unit is currently leased for immediate cash flow, while the remaining units will be delivered vacant, offering value-a
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: $428000
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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 | $161,000 | 3 | 2 | 1,038 | 0.02 Acre |
| 5114 Ranstead Street, Philadelphia, PA, 19139 | $369,900 | 4 | 4 | 1,800 | 0.02 Acre |
| 270 S 52nd Street, Philadelphia, PA, 19139 | $299,000 | 4 | -- | 3,195 | 0.04 Acre |
| 5625 Sansom Street, Philadelphia, PA, 19139 | $175,000 | 3 | 2 | 1,260 | 0.03 Acre |
| 46 N Frazier Street, Philadelphia, PA, 19139 | $145,000 | 3 | 1 | 1,020 | 0.02 Acre |
| 5835 Arch Street, Philadelphia, PA, 19139 | $179,000 | 3 | 1 | 1,408 | 0.03 Acre |
| 5944 Walnut Street, Philadelphia, PA, 19139 | $330,000 | -- | 1 | 3,582 | 0.06 Acre |
| 6216 Vine Street Street, Philadelphia, PA, 19139 | $249,990 | 4 | 2 | 2,460 | 0.06 Acre |
| 207 N 63rd Street, Philadelphia, PA, 19139 | $685,000 | 9 | -- | 4,732 | 0.13 Acre |
| 211 N 63rd Street, Philadelphia, PA, 19139 | $490,000 | 7 | -- | 3,366 | 0.10 Acre |
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ByOwner last updated this listing 09/27/2026 @ 01:21
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