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Street View
$468,000
-- Bed
-- Bath
3,159sqft
5134 Spruce St, Philadelphia, PA 19139
$468,000
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Multi Family
Built in 1925
$-- HOA
1,775 sqft lot
$148/sq.ft
Description
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 f...
- Houzeo last checked: 54 minutes ago
- Listing updated: June 18, 2026 at 5:46 pm
- Listing Provided by: Peter van der Vlugt (484) 431-8821 | Compass Pennsylvania, LLC (267) 435-8015
- Source: Bright MLS-NJ | MLS#: PAPH2602952
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
3,159 sqft
Lot Size
1,775 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2602952
MLS Status
ACTIVE-BRIGHT
Days on Market
73
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