5861 Cedar Avenue Philadelphia, PA ^$ 299,000

5861 Cedar Avenue

^$ 299,000

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5861 Cedar Avenue

Philadelphia, PA, 19143

^$ 299,000

Bedrooms4 Baths0.0

Monthly Estimate*

^$ 1,865

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Multi-Family Home for sale in Philadelphia, PA

for $299,000 with 4 bedrooms. This home was built in 1920 on a lot size of 0.03.

INVESTOR OPPORTUNITY: Turnkey Duplex in Historic Cobbs Creek with Strong Cash Flow Potential! Welcome to 5861 Cedar Ave, a spacious, renovated duplex in the vibrant Cobbs Creek neighborhood of West Philadelphia. Each 2 bedroom, 1 bathroom unit is just over 1000 sqft. This corner unit, end of row property has a full unfinished basement accessible from the outside which provides lots of untapped potential. The property was newly renovated in 2020 and it has been very well maintained since then with some of the appliances still in like new condition. This duplex is completely turnkey and move in ready. The property is being sold vacant so it is perfect for a house hack (primary residence) or an investment property. The previous tenants were paying $1390 for the lower unit and $1360 for the upper unit. Current Section 8 rents in the area are as high as $1660 for a 2 bedroom unit. The cash flow potential on the property is fantastic. Schedule a showing today before the opportunity is scooped up!

Multi-Family Contingent

Price

^$ 299,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,900

Style

Straight Thru

Lot Size

0.03

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2561794

Features

General

Living Area 2088

Sewer Public Sewer

Heating Central Forced Air

Cooling None

Possession Immediate 0-30 Days CD Settlement

Zoning RM1

Architectural Style Straight Thru

Construction Materials Masonry

School District PHILADELPHIA CITY

Year Built 1920

Property Subtype Duplex

Tax Year 2025

Ownership Fee Simple

Cool Fuel None

Municipality PHILADELPHIA

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status ACTIVE UNDER CONTRACT

Directions At the corner of Cedar and 59th

City PHILADELPHIA

Number Of Units Total 2

MLS Area 19143 (19143)

Lot Size Units Square Feet

Lot Size Square Feet 1413.00

Number of Units Leased 0

Tax Annual Amount 1900.0

Two Bedroom 2

Structure Type End of Row/Townhouse

Price Per Sq Ft Total AG 143.2

Acceptable Financing Cash Conventional FHA VA

Rent Control Y/N N

Vacation Rental Y/N N

Lease Type None

Standard Status Active Under Contract

Year Built Source Assessor

Tax Lot 70

Interior

Heating Fuel Natural Gas

Basement Full Unfinished

Hot Water Electric

Furnished Units None

Basement (Y/N) Y

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Exterior

Pool No Pool

Water Source Public

Type of Parking On Street

Foundation Details Stone

Water View Y/N N

Lot Dimensions 18.00 x 79.00

Lot Size Acres 0.03

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 27160.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 5861

* Excluded Features

List By

Compass Pennsylvania, Llc

Broker

eric.prine@compass.com

Affordability Calculator

$2,024

Per Month

Monthly Principal & Interest: $1,865
Monthly Property Taxes: $158
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Philadelphia, PA

Average List Price ^$574,973

Percent of Sale Price 92%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4835660 Elementary School

4835659 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/25/2025	$299,000		Listed Price

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5861 Cedar Avenue, Philadelphia, PA, 19143 is a Multi-Family Home for sale at $299,000 with a lot size of 0.03. 5861 Cedar Avenue has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 19143 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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5861 Cedar Avenue

Multi-Family Home for sale in Philadelphia, PA

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